U.S. Bank Special Assets Relationship Manager in MILWAUKEE, Wisconsin
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, disability or veteran status, among other factors.
Administers a portfolio of US SBA guaranteed and commercial small business loans. The portfolio is comprised of performing and non-performing loans. Develops and recommends strategies to maximize recovery, and reduce risk and losses. Ensures effective restructuring, recovery and charge-off of adversely graded loans. Works with officials of lending and borrowing institutions to better secure collateral, equity or other assets of the borrower and engages in other activities designed to preserve the loan principal, collect interest as possible or charge-off the loan, if appropriate. Works with U.S. SBA to secure recovery proceeds on guaranteed loans through the guaranty purchase process and care and preservation of collateral expense reimbursement.
Responsible for underwriting and recommending to credit approvers a variety of credit action requests such as renewal/extension of loans, forbearance agreements, collateral disposition including foreclosure and liquidations of business personal property, receivership, note sales, settlements, and various other modifications and workout scenarios. Conducts credit analyses including gathering, analyzing and interpreting all types of credit information on existing and prospective customers, such as with addition of guarantors and loan assumptions. Reviews customer accounts and portfolios in order to identify, evaluate and determine the appropriate course of action on potential credit quality issues in order to maximize credit quality and minimize risk and potential loss to the company. Responsible for the preparation of compliance reports for internal U.S. Bank credit compliance and compliance with U.S. SBA program requirements.
Your Career is Here.
Bachelor's degree, or equivalent work experience
One to two years of experience in credit analysis and/or lending activities or possess transferable skills.
Travel on an as needed basis (less than 5%25%20of time): conduct site visits to customers periodically and required to attend off site training or meeting.
General understanding of credit and legal principles, accounting, economics, and financial statement analysis.
Proficient computer skills, especially Microsoft Office applications; Knowledge of lending interest rates, loan terms and conditions, and real estate methodologies.
Well-developed customer service/relations skills to both internal and external customers, Negotiation skills
Strong interpersonal, verbal and written communication skills and follow through;
Strong computer literacy and mastery of Microsoft Office software; Willingness and ability to learn appropriate database spreadsheet and other computer programs;
Excellent organizational skills and attention to detail. Ability to lead and manage projects, prioritize work effectively, and adjust to multiple demands;
Highly motivated with the ability to work independently, take initiative participate as an effective engaged team member and follow tasks through to completion.
Job: Credit / Lending
Primary Location: Wisconsin-WI-Milwaukee
Shift: 1st - Daytime
Average Hours Per Week: 40
Requisition ID: 160039558