VP, Resolution Management

## VP, Resolution Management Apply locations:
Olathe, KStime type:
Full time posted on:
Posted Yesterday job requisition :
REQ - 5292
**** Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive.
******** With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we’re strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a*
* * Best Bank to Work For
* ** by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities.
******** Together, there’s no stopping you!****##
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* Job Title:

** VP, Resolution Management## ##
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* Job Description:

**## #
** Summary
* * This individual is responsible for managing an assigned portfolio of accounts.  Reviews existing loan documentation for errors and omissions, and evaluates client’s financial strength and capacity to repay outstanding debt. Works to reduce the Bank’s exposure to loss and/or maximize the Bank’s profits in the assigned portfolio.## ##
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* Essential Duties and Responsibilities:

*** Reduces the bank’s exposure to loss in commercial loan workouts.
* Develops and implements a plan of action to protect and improve the bank’s position through negotiating satisfactory repayment schedules, obtaining additional collateral and/or restructuring as appropriate.
* Analyzes financial statements and related information to determine the financial condition and trajectory of the Borrower. Makes recommendations for additional action as a result of that analysis.
* Maintain low delinquency ratios in the assigned portfolio.
* Develops and implements a plan of action to protect and improve the bank’s position through negotiating satisfactory repayment schedules, obtaining additional collateral, and/or restructuring loans as appropriate, and moving to a liquidation strategy as appropriate.
* Prepares periodic reports to management.
* Reviews existing loan documentation for errors and omissions, and takes appropriate corrective action.
* Negotiates satisfactory repayment schedules, forbearance agreements, and settlement agreements as needed.
* Obtains additional collateral and/or restructuring as appropriate.
* Ongoing monitoring of existing loans for conformity to terms and conditions.
* Actively participates with and assists senior lending officers on larger, more complex credits.
* Monitors market conditions, and makes recommendations to reduce loss and increase profits.
* Assists with the management and liquidation of OREO assets.
* Assist with training less experienced staff.
* Performs other duties and projects as assigned## ##

Qualifications:

* Strong commercial credit; financial/analytical, and collateral/assessment capabilities.
* Strong Knowledge of bankruptcy law and issues, related party (owners/guarantors), and related compliance issues.
* Ability to convey, pursue and protect the bank’s interests in a professional manner.
* Adhere to bank’s credit policies, maintain required documents; clear exceptions, monitor covenant compliance, recommend risk rating changes, loan loss recognition and accrual status.
* Ability to prioritize; handle multiple tasks; and work independently
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* Supervisory Responsibilities:

*** None
* * Education and/or

Experience:

*** Bachelor’s degree and work experience involving economics, finance and accounting.
* Must have seven or more years’ experience in Managed Assets/Commercial Loan Workout and Commercial Loan Collections experience, including extensive workout experience in asset based workout and commercial real estate.
* Experience bringing resolution to work outs for…