Debt Resolution Officer

Job Description

Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive.

With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we’re strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities.

Together, there’s no stopping you!

Job Title : Resolution Management Officer Job Description :

Summary :

This individual is responsible for managing an assigned portfolio of assigned accounts. Reviews existing loan documentation for errors and omissions, and evaluates client’s capacity to repay outstanding debt. Takes action to resolve delinquencies in the assigned portfolio.

Essential Duties and Responsibilities :

Monitors existing loans for conformity to terms and conditions.

Develops and implements a plan of action to protect and improve the bank’s position through negotiating satisfactory repayment schedules, obtaining additional collateral and / or restructuring as appropriate.

Reviews existing loan documentation for errors and omissions, and evaluates client’s financial strength and capacity to repay outstanding debt.

Analyzes financial statements and related information.

Negotiates satisfactory repayment schedules.

Obtains additional collateral and / or restructuring as appropriate.

Manages foreclosure proceedings when necessary.

Assists with the management and liquidation of ORE assets.

Provides commercial loan services for the Bank.

Reduces the bank’s exposure to loss in loan workouts

Prepares periodic reports to the head of RMG, for the Problem Loan Committee, and Senior Management as needed..

Performs other duties and projects as assigned.

Qualifications :

Strong Problem Solving skills.

Team Player.

Strong work ethic.

Willingness and ability to learn .

Working knowledge of consumer and commercial loan documentation.

Working knowledge of commercial credit and consumer credit underwriting.

Ability to convey, pursue and protect the bank’s interests in a professional manner.

Adhere to bank’s credit policies, maintain required documents; clear exceptions, monitor covenant compliance, recommend risk rating changes, loan loss recognition and accrual status.

Supervisory Responsibilities :

None

Education and / or Experience :

Bachelor’s degree and work experience involving lending, collections or credit review and underwriting.

Must have two to five  years’ bank experience.

Computer and Software Skills

Skilled in operation of a personal computer, including Microsoft Word and Excel, and in Google Docs.

Certificates, Licenses and Registrations

None

Equal Opportunity Statement :

Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources at  hr@enterprisebank.com.

Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live. We are proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability. All employment offers are contingent upon the applicant successfully completing both drug and background check screenings. If you would like more information about your EEO rights as an applicant under the law, please click HERE.