This job has expired, please see additional jobs below
Collection Recovery Commercial Work Professional
Citizens Bank
Johnston, RI, United States
Job Details - this job has expired, please see similar jobs below
Description
• Responsible for managing a Business Banking workout portfolio of $100,000 or more. The intent is to minimize potential losses to the bank, maximize recoveries and effectively achieve overall account resolution.
• Research all borrower/customer account criteria, characteristics and relationships to substantiate most effective and cost efficient method of account resolution.
• Recommends an appropriate course of action based on investigation, negotiations and modifies the terms of the loan to ensure maximum recovery. Conduct research and valuation analysis to determine the value of collateral and appropriate process and procedures needed to liquidate. Performs detailed account review and analysis to determine appropriate action needed to best protect bank interests;
• Outreach and negotiate with a customer with the objective of reaching a mutually satisfactory arrangement. Implement recommendations through coordination with internal bank departments. Provide input and recommendation on legal review and outsourcing. Participate in management presentations.
• Managed the assigned portfolio to be regulatory compliant and cost-effective.
• Effectively monitor the portfolio to minimum losses, increase recoveries and control delinquencies.
Qualifications
•Strong verbal and written communication
•Ability to effectively interact with internal and external customers
•Knowledge of banking systems
•Proficient MS Office (Excel, Word)
•Effective time management skills
•Must possess good judgment and decision-making skills
•Strong negotiation and presentation skills
•Thorough knowledge of financial statements and accounting principles
•Thorough knowledge of applicable laws and regulations
•Strong technical and analytical skills
•Ability to interact with all levels of management
Education: High School Diploma required Bachelors Degree Preferred
Hours and Schedule:
Hours 40
Schedule Monday-Friday 8-5
Why Work for Us
At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth.
Equal Employment Opportunity
It is the policy of Citizens Bank to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.
Equal Employment and Opportunity Employer/Disabled/Veteran
Citizens Bank is a brand name of Citizens Bank, N.A. and each of its respective subsidiaries, and Citizens Bank of Pennsylvania.