San Francisco+ Santa Barbara + Glendale + Pasadena + Palm Desert + New York

Progressive career opportunities at various locations.

Manage the Bank’s problem credits (i.e., CRE + C&I + Construction Loans) both as Primary and Advisory Officer, through timely advisement to the business units on or direct development and execution of the most appropriate action plans for rehabilitation of certain workable credits, or maximizing the recovery by liquidation of assets or collateral, collection under guarantees, litigation, and post charge-off recovery efforts.

Manage assigned problem credits as the Primary Officer.
Contact customers on a regular basis, including site visits as necessary.
Develop, recommend and execute account workout or liquidation plans.
Conduct/prepare periodic account reviews and proposals, which include the analysis of the operating and financial risks involved with the credits.
Work directly with legal counsel (internal/external) and monitor legal progress/developments.
Lead liquidation process including asset swap, acquisition, management and sale of problem credits or OREO.
Work with other external agencies (e.g. auditors, accountants, realtors, appraisers and trustees); debtors and other creditors, as necessarily involved parties to the resolution of problem accounts.
Analyze loan impairment and recommend specific provisions and/or charge-off for loans assigned.
Review delinquency reports (Past Due Liability Report), non-accrual status, and other management reports (Non-Accrual Review Report) to assist line management to detect the warning signs.
Advise the business units on account strategies and action plans on problem accounts managed by the units.
Prepare various special assets management related reports as assigned by the SAG Manager or CCO.

An experienced SAM for this opportunity does not constitute a commercial lender who performed "some" workouts 4 to 6 jobs ago. Bank prefers local talent in regards to familiarity and high cost of living, but will carefully consider out of market candidates on an individual basis, who do not expect relocation assistance.

Additional confidential information will only be sent to qualified candidates. Please email resumes in Word Document format to Glenn Woerz, Director of Bank Recruiting at gwoerz@osgglobal.com - 847-954-8028.