VP of Special Assets



Advert ID




Job Type




Salary Range

Up to USD90000 per year

No. of Openings


Branch Information

Evansville, IN - (USA) 915 N. Green River Road IN Evansville , IN 47715



Job Description

Manpower has partnered with a growing financial institution headquartered in Evansville to recruit for a Vice President of Special Assets to directly join our client's Credit Department.

This position will be responsible for managing accounts and proactively facilitating the resolution of problem loans and to minimize potential losses to the bank by identifying areas of concern/opportunities as well as recommend process improvements the implementation of solutions in accordance with the bank's risk management objectives.

What is the job?

- Perform extensive analysis on business and loan risks and apply proper relationship management to either collect all balances and/or rehabilitate relationship

- Maintain regular contact with borrowers and/or guarantor and motivate client to perform on credit contract

- Recommend and implement legal action, when necessary

- Act as a liaison between the bank and counsel to ensure legal process in initiated in a timely manner

- Ensure collateral is properly insured, free of delinquent taxes and preserved from hazards or damage

- Initiate timely recovery actions against charge-off loans and establish repayment program, negotiate settlements, or initiate legal action

What do you bring to the job?

- Bachelor's degree in Business Administration, Finance, or equivalent work experience

- Experience within a commercial banking environment including direct customer contact

- Extensive computer skills and experience with Microsoft Office

If this sounds like an opportunity you would be interested in learning more about, apply today! We love referrals so please share our job with friends and family. Also, check out Manpower's career platform for tools and resources to prepare you for today and tomorrow's jobs at www.manpower.com/mypath.