Job Description
**Overview:**
Responsible for supporting a variety of functions in the Business Banking Workout group including, but not limited to, handling accounts in the legal process, specializing in negotiation of debt, repossession, foreclosure, property preservation, past due tax reporting, monitoring forced place insurance or bankruptcy processing. Key contact for both internal and external counsel. Prepare and analyze equity analysis to evaluate ongoing Workout strategies.
**Primary Responsibilities:**
+ Manage more complex accounts with respect to Commercial Litigation, Foreclosure/REO, Settlement and Collateral sales.
+ Collaborate with Workout Relationship Manager and counsel to establish effective legal strategy while maximizing cost containment opportunities.
+ Initiate direct contact with business partners and vendors to ensure services provided are meeting predetermined service level agreements.
+ Negotiate sale and settlement agreements.
+ Par...
Responsible for supporting a variety of functions in the Business Banking Workout group including, but not limited to, handling accounts in the legal process, specializing in negotiation of debt, repossession, foreclosure, property preservation, past due tax reporting, monitoring forced place insurance or bankruptcy processing. Key contact for both internal and external counsel. Prepare and analyze equity analysis to evaluate ongoing Workout strategies.
**Primary Responsibilities:**
+ Manage more complex accounts with respect to Commercial Litigation, Foreclosure/REO, Settlement and Collateral sales.
+ Collaborate with Workout Relationship Manager and counsel to establish effective legal strategy while maximizing cost containment opportunities.
+ Initiate direct contact with business partners and vendors to ensure services provided are meeting predetermined service level agreements.
+ Negotiate sale and settlement agreements.
+ Par...