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Urgent! Senior Asset Recovery Relationship Manager Job Opening In Philadelphia – Now Hiring WSFS Bank

Senior Asset Recovery Relationship Manager



Job description

Responsibilities

:
  • Be responsible for analyzing cash flows, financial statements, and collateral to determine the most effective strategy to maximize collection amounts and timeliness.
  • The ARRM is expected to rmend collection strategies to management and then execute that strategy.

    Maintain regular contact with borrower(s) and/or guarantor(s), rmend and implement legal action with the assistance of outside counsel, if necessary, upon default ( foreclosure, levies, attachments, bankruptcies and ensure proper collection procedures and techniques are followed and documented in accordance with local, state and federal laws and regulations.
  • Maintain collection and account updates through Problem Loan Reports.

  • Rmend non-accrual and charge off to loans being managed to management.
  • Provide written reports to executive management on a monthly basis plus externalmunications on legal matters.

  • Minimum Qualifications :
  • A bachelor's degree in business administration, finance or equivalent is required.

  • A minimum of 7 years' experience in amercial workout ormercial banking environment is required, with an emphasis onmercial real estate workouts.

    Prior experience must include direct customer contact.
  • Must possess a thorough understanding of themercial lending industry and be capable of working on the most difficult assignments, rendering good business judgment and decisions with minimal supervision.

  • Must have excellent working knowledge of all types ofmercial loan documents and collateral assignments.
  • Must have the knowledge and skill to handle mostplex legal matters, foreclosures, bankruptcies, collateral liquidation and the servicing administration of State, Federalernment Loan programs.
  • Must have a high aptitude for analyzing credit risk performance and rmend methods to improve results or minimize losses to the Bank.

  • Must have extensive PC abilities, good working knowledge of Microsoft Office Suites, NCino and other Data Applications and Platform programs required in managing the daily tasks assigned.
  • Excellent written and oralmunication skills are required, as well as superior listening skills.
  • Must have tact, persuasiveness and excellent negotiation skills.

  • Some travel may be required.

  • WSFS Bank is inclusive and supportive of individual needs.

    If you have a physical or other impairment that might require an amodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.



    WSFS is an equal opportunity employer.

    We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

    Job ID R-101885


    Required Skill Profession

    Financial Specialists



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