Asset Management Team Lead - Loan Workout Expert

Truist; Orlando (FL); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

AD&D

401k

Vacation days

Sick days

Paid holidays

Job summary

Truist is seeking a senior leader to manage a team of Small Business Default Solutions Asset Managers, driving repayment strategies for criticized and classified loans. The role requires deep banking experience, strong negotiation and risk-management skills, and a track record of building effective teams.

The position emphasizes ensuring accurate risk ratings, coordinating with other units, and mentoring staff while aligning with bank policy and macroeconomic changes.

Qualifications

• Bachelor's degree in business, finance, or banking or comparable education and related training.
• 10+ years commercial banking or equivalent experience, including at least 5 years of loan workout or problem loan resolution.
• 7+ years of management experience.
• Superior negotiation, communication, interpersonal, financial analysis and problem solving skills.
• Demonstrated ability to handle multiple priorities under time constraints.
• Proficiency in basic computer applications, such as Microsoft Office

Responsibilities

• Assign and manage the workload of SBDS Asset Managers on the team to ensure a balanced portfolio.
• Provide leadership and coaching to SBDS Asset Managers in identifying and implementing repayment and resolution strategies for criticized and classified loans.
• Ensure risk ratings, accrual status, and asset carrying values are accurate for assigned area.
• Co-approve credit requests, non-accruals, and charge-offs within authority levels.
• Develop risk management culture through coaching, feedback, and support of the Bank's credit culture.
• Assist with complex credit analysis and negotiations to mitigate losses in challenging commercial lending relationships; may involve debt restructuring, bankruptcies, liquidations, or foreclosures.
• Evaluate personnel regarding employment, training, performance, salary changes, promotions, transfers, and staffing.
• Provide monthly forecasting for non-performing assets, losses, and OREO transfers.
• Coordinate with other Business Lending Units to mitigate risk and address cross-unit issues.
• Stay updated on Bank Policy and evolving economic developments affecting the loan portfolio and profitability.

Skills

Negotiation

Communication

Interpersonal skills

Financial analysis

Problem solving

Education

Bachelor's degree in business/finance/banking

Master's degree (preferred)

Tools

Microsoft Office

Job description

Truist is seeking a senior leader to manage a team of Small Business Default Solutions Asset Managers, driving repayment strategies for criticized and classified loans. The role requires deep banking experience, strong negotiation and risk-management skills, and a track record of building effective teams.

The position emphasizes ensuring accurate risk ratings, coordinating with other units, and mentoring staff while aligning with bank policy and macroeconomic changes.