Manages the staff and functions of the Commercial Special Assets and Collection departments; balancing the urgency to reduce non-performing assets and the cost of doing so in order to minimize loss. Monitors the portfolio and develops workout and rehabilitation strategies and action plans to better protect and improve the bank's position. Furthermore, this role also ensures stric...
**Candidate must reside in PA or OH to be Telecommuting eligible. The Special Assets Department is a vital part of the Bank's daily operations. As a Borrower Assistant Representative, you will engage with borrowers to work towards a resolution of debt repayment. Use a consultative approach to offer alternate courses of action and/or methods of rec...
Primarily responsible for managing adversely classified and non-performing government-guaranteed loans, including SBA (7(a), working capital program, and 504) and USDA financing. Will supplement conventional Loan Workout Officers based on volume and capacity. This role focuses on risk mitigation, borrower restructuring, liquidation strategy, collateral recovery, and preservation ...
Promotes First Commonwealth's asset quality through unbiased, accurate, thorough and timely risk assessment which is accomplished by analyzing financial statements and related credit data. Prepares organized and comprehensive reports which assess the credit-worthiness of a loan request and provide the appropriate authority with the necessary information to make an informed lending decision. ...
