Loan Workout Relationship Manager IV

KeyBank•Brooklyn, OH

1d•$80,000 - $150,000•Remote

About The Position

Manage a portfolio of pass rated “exit,” criticized, classified, non-performing and or charged off credit relationships. Minimize charge-offs and maximize recoveries by collaboratively developing and implementing cogent workout, restructuring and/or exit plans. Develop positive relationships with customers, line of business personnel and internal and external professionals. Negotiate skillfully, fairly, and ethically with customers and other constituencies. Communicate clearly. Adhere to all corporate compliance guidelines. Shadow accounts on the line that require workout advice. This position reports to a Loan Workout Team Lead and/or the Loan Workout Regional Manager. Manage a loan portfolio including SBA loans and/or other government guaranteed loans with moderate complexity and potential for adversarial litigation. Review and analyze loan documentation, financial statements and other similar loan and borrower information to assess risk, quantify repayment capacity, consider the adequacy of repayment sources and/or estimate recovery potential. Develop, recommend and implement workout/liquidation strategies for problem loans including past due, underperforming, non-performing, and charged-off loans to mitigate risk and maximize recovery. Adhere to department and corporate guidelines, policies and compliance procedures. Maintain constructive interaction with regulators. Work with other professionals such as appraisers, environmental consultants, auctioneers, real estate brokers and property managers to maximize return on collateral secured loans. Support departmental continuous improvement efforts. Periodically travel to meet with clients or view collateral. Participate in community service activities. Participate in the Quarterly Asset Quality Review process and produce timely documentation as required. Work with bank counsel in a cost-effective manner to achieve desired results. Shadow accounts on the line of business which need workout advice.

Requirements

High School Diploma or equivalent.
Four to five years of related experience.
Financial statement analysis experience, four to five years.
Excellent oral and written communication skills.
Proven skills in assessing credit risk.
Strong negotiation and interpersonal skills.

Responsibilities

Manage a portfolio of pass rated “exit,” criticized, classified, non-performing and or charged off credit relationships.
Minimize charge-offs and maximize recoveries by collaboratively developing and implementing cogent workout, restructuring and/or exit plans.
Develop positive relationships with customers, line of business personnel and internal and external professionals.
Negotiate skillfully, fairly, and ethically with customers and other constituencies.
Communicate clearly.
Adhere to all corporate compliance guidelines.
Shadow accounts on the line that require workout advice.
Manage a loan portfolio including SBA loans and/or other government guaranteed loans with moderate complexity and potential for adversarial litigation.
Review and analyze loan documentation, financial statements and other similar loan and borrower information to assess risk, quantify repayment capacity, consider the adequacy of repayment sources and/or estimate recovery potential.
Develop, recommend and implement workout/liquidation strategies for problem loans including past due, underperforming, non-performing, and charged-off loans to mitigate risk and maximize recovery.
Adhere to department and corporate guidelines, policies and compliance procedures.
Maintain constructive interaction with regulators.
Work with other professionals such as appraisers, environmental consultants, auctioneers, real estate brokers and property managers to maximize return on collateral secured loans.
Support departmental continuous improvement efforts.
Periodically travel to meet with clients or view collateral.
Participate in community service activities.
Participate in the Quarterly Asset Quality Review process and produce timely documentation as required.
Work with bank counsel in a cost-effective manner to achieve desired results.