ARG Team Leader - Asset Resolution

Asset Manager Leader

Manage and provide leadership to a team of ARG Asset Managers, with a goal of maximizing return on a portfolio of criticized and classified loans in accordance with Bank policy, procedures, and strategic goals.

Essential Duties and Responsibilities

• Assign and manage the workload of ARG Asset Managers on the team to ensure a balanced portfolio
• Provide leadership and coaching to ARG Asset Managers in their identification and implementation of effective repayment and resolution strategies for criticized and classified commercial loans
• Responsible for making sure that risk ratings, accrual status, and asset carrying values are appropriate for assigned area of responsibility
• Co-approve credit requests, TDR determinations and charge-offs within established authority levels
• Develop effective risk management culture for assigned team through leadership which includes coaching and counseling, feedback and reinforcement, as well as support of the Bank's credit culture
• Assist Asset Managers with highly complex credit analysis and negotiations to prevent or mitigate loss to the Bank for the most complicated commercial lending relationships within the assigned territory. This often involves the restructuring of debt or working through bankruptcies, liquidations and / or foreclosure actions
• Evaluate and make recommendations for assigned personnel regarding employment, training (initial and ongoing), performance rating, salary changes, promotions, transfers, terminations, career enhancement, and staffing levels
• Provide monthly certification of specific forecasting for non-performing assets, losses, and OREO transfers
• Ensure direct reports are working cooperatively and effectively in a consultative or shadowing role with teammates from other Business Lending Units throughout the Bank, when required, in order to mitigate risk. Provide leadership with any issues that may arise with other Business Lending Units
• Keep abreast of changing business and economic developments which impact the loan portfolio, profitability, and banking in general

Qualifications

Required Qualifications :

Preferred Qualifications :

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.