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Special Assets Portfolio Manager (Workout Banker) Job in Worthington, Ohio US

Special Assets Portfolio Manager (Workout Banker)

Peoples Bancorp Inc - Worthington, OH

Posted: 9/14/2021 - Expires: 12/13/2021

Job ID: 231669303

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Job Description

Job Purpose:

Manage an assigned portfolio of distressed commercial loans ranging in size and complexity. Negotiate and implement effective workout strategies designed to mitigate risk, ameliorate recoveries, and minimize expense. 

Job Duties:

Responsible for managing a portfolio of distressed commercial and industrial, real estate, health care, and energy loans.
Review loan documents, loan payments, past dues, loan collateral and inspections, monetary compliance/defaults, covenant(s) compliance, financial statement reporting, pending maturities, forbearance agreements, bankruptcy, and other legal proceedings. 
Will perform guarantor and business financial analyses in order to identify early warning signs of deteriorating loans.
Formulate and execute orderly liquidation/exit or rehabilitation plans to maximize recoveries, reduce criticized and non-performing loans.
Collaborate with line of business partners to ensure proactive risk management and devise strategy for asset quality improvement.
Manage internal and external resources to effectively control expenses.
Monitor market and industry specific segment trends.
Provide timely and accurate reporting to senior management.
Will perform special projects responsibilities as assigned by Manager.

 

Education, Job Skills and Qualifications:

Bachelor's degree.
5+ years of related experience with commercial loan workouts or as a loan officer, credit analyst, or underwriter. 
Working knowledge of the following:

Commercial Lending (Commercial and Industrial, Real Estate, Health Care and Energy)
Bankruptcy
Lending laws and risks associates with troubled credits
State collection laws
Foreclosure and Article 9 sale processes
Banking regulations
Credit approvals
Loan documentation
Collateral valuation
Banking policy
Accounting and cash flow analyses.

Must possess highly developed interpersonal skills. 
Strong attention to detail with organizational and analytical skills, and well-honed written, oral and presentation skills.
Travel required throughout Maryland, D.C., Virginia, West Virginia, Kentucky, and Ohio.

 

Basic Qualifications:

Able to provide proof of COVID-19 vaccination or valid exemption documentation.
Bachelor's degree.
5 Plus years commercial loan workout experience.
Working knowledge of banking regulations, state collection laws and bankruptcy laws
Thorough underwriting, accounting and cash flow analytics.
Strong attention to detail, analytical and professional written, oral and presentation skills.

Equal Opportunity Employer M/F/Disabled/Vet;

For inquiries regarding employment with Peoples Bank, email humanresources@pebo.com

Working Together. Building Success.

Job Summary

Employment Type:
Full Time Employee
Job type:
Federal Contractor
Skill Based Partner:
No
Education Level:
Bachelor's degree
Work Days:
Mon, Tue, Wed, Thu, Fri
Job Reference Code
56602516_1
Salary
N/A
Licenses / Certifications:
N/A
Display Recommended WorkKeys®Recommended WorkKeys®:
N/A