Business Loan Resolution Specialist Credit Resolu

Business Loan Resolution Specialist

Primary function for the Business Loan Resolution Specialist is to reduce delinquency, attempt to prevent repossession / foreclosure, avoid legal action, and minimize charge offs / charge downs on accounts assigned in the work queue through the use of the department business system (CARM-Pro). Will use phone contact, letters, skip tracing, repossession, foreclosure, as well as other methods as directed by Credit Resolution Officers in an effort to resolve delinquencies and return the loans to performing status. Will utilize working files and update the CARM-Pro system as the account progresses in delinquency and will make recommendations to management of action needed to secure payment of all past due amounts and / or possession of collateral. Will be expected to adhere to and be knowledgeable of state and federal regulations with respect to debt collection, billing, and credit reporting practices.

Customer service skills : Willingness to provide a level of service which will clearly differentiate us from our competitors.

Interpersonal skills : Professional demeanor in appearance, interpersonal relations, work ethic and attitude. Possess clear, concise, effective written and oral communication skills to effectively express thoughts, ideas and concepts to management, bank employees and bank customers in a collaborative and solutions oriented manner. Must be able to speak clearly and have proven telephone skills, as well as an ability to maintain positive relations with customers while discussing financial circumstances in a tactful manner. Ability to accurately follow instructions on a variety of subjects. Must be comfortable with customer contact. Must be able to manage time effectively. Must be willing to work as part of a team. Ability to maintain confidentiality. Attention to critical details to properly document plan of action.

Essential duties and responsibilities : Manage day-to-day collection activity on assigned accounts through the CARM-Pro business system. Analyze loan and collateral files to make recommendations as to appropriate action to resolve delinquency. Consult with CRU Officers and Business Bankers / Business Development Officers on specific account situations that require attention and feedback. Maintain a comprehensive knowledge of applicable local, state and federal regulations relating to collections and ensure that the Bank's policies, processes and procedures are compliant with the same. Other duties may be assigned.

Other requirements : Banking is a highly regulated industry and you will be expected to acquire and maintain a proficiency in the Ban