Government Lending Resolutions Manager

ManagerManagerFull TimeRemoteLeadTeam 1,001-5,000H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

3 days ago

Salary

$133.5K - $213.3K / year

Seniority

Lead

No structured requirement data.

Job Description

Government Lending Resolutions Manager

SouthState Bank

Role Description Functions as a Government Lending Resolutions Manager for the Special Assets Department. As a manager, guides and motivates Commercial Resolutions Officers and the Claims Management Team to exceed expectations for case management and resolution along with adherence to policies and procedures governing the department. Conducts business development initiatives and contributes to the generation of new business. In addition to the management role, also has responsibility for a portfolio of loans. Assists the Director of Special Assets in such areas as portfolio review and analysis, quality assurance, internal and external audits, business unit risk identification and management, department procedure changes, and other tasks as assigned by the Director of Special Assets. Success in the role is defined by team and individual efficacy in the department's goals relating to case management and resolution while minimizing expense and loss to the bank, compliance with bank policy and procedures, as well as applicable banking regulations. Qualifications - High School Diploma required. - Bachelor’s degree in business, finance, banking, or related field is preferred. - Graduation from a recognized school of banking is an asset. - Minimum of 10+ years commercial lending or commercial credit experience. - 3-5 years management experience. - Experience should include significant loan structuring, credit analysis and portfolio management. - At least 5 years of commercial workout and litigation experience. - Extensive knowledge of Bank lending facilities, services, procedures, and practices. - In-depth knowledge of loan workout strategies and litigation strategies. - Knowledge of Federal and State lending regulations and Bank policies relating to lending and Special Assets procedures. - Well-developed interpersonal, negotiating, and problem-solving skills. - Excellent written and verbal communication skills. - Detail oriented with the ability to prioritize complex work assignments. - Excellent time management skills. - Proven analytical skills and the ability to evaluate credit worthiness. - Proficient in the use of basic office equipment, Microsoft Word, Excel, and Outlook. Requirements - Works with the Director of Special Assets to develop and implement effective strategies for case resolution. - Assists in managing the performance of Commercial Resolutions Officers. - Reviews and approves all quarterly CLARs for the SAM government loan portfolio. - Manages the overall transfer, resolutions and claim submission process for the SBA and USDA loan portfolio. - Participates in establishing goals for the department. - Conducts regular one-on-one meetings with team members. - Creates a positive and collaborative work environment. - Assists the Director of Special Assets with portfolio reviews and quality assurance measures. - Performs day-to-day management of a portfolio of classified assets. - Communicates with borrowers via phone, face-to-face meetings, and written correspondence. - Issues past due and demand letters to delinquent borrowers as necessary. - Documents collection activities in the designated system. - Maintains an orderly e-file system to retain necessary documentation. - Effectively manages maturing loans in the assigned portfolio. - Negotiates renewal/modification terms with borrowers and secures necessary approvals. - Reviews all assigned loans and develops a resolution strategy for each. - Negotiates settlements with borrowers and guarantors. - Ensures accurate coding on all loans in portfolio based on current status. - Engages attorneys, appraisers, and other outside vendors as needed. - Identifies loans in portfolio that require an impairment analysis. Benefits - Salary Ranges: $133,533.00 - $213,307.00 - Equal Opportunity Employer, including disabled/veterans.

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