Commercial Asset Recovery

The Newburgh Group; Louisville (KY); Sur place; USD 90 000 - 130 000; Plein temps

Résumé du poste

The Newburgh Group in Louisville, KY is seeking a Commercial Asset Recovery Manager to oversee high-risk, non-performing loan portfolios and minimize financial losses. You will evaluate distressed accounts, negotiate loan restructures, coordinate workouts with borrowers, and, when rehabilitation fails, supervise legal recoveries, foreclosures and asset liquidations.

The role requires strong credit analysis, sharp negotiation skills and a deep understanding of banking regulations to drive loss

Qualifications

• Strong credit analysis capability.
• Excellent negotiation skills.
• Solid understanding of banking regulations.

Responsabilités

• Review borrower financial metrics to assess repayment capacity.
• Create new performance milestones the borrower must meet.
• Draft formal loan modifications.
• Analyze updated market valuations for real estate and equipment.
• Review commercial financial statement and follow up on risk accounts.
• Collaborate closely with legal counsel to establish clear, compliant resolution paths that protect assets.
• Coordinate the execution of legal remedies, settlement structures, and asset recovery plans to maximize financial returns.
• Develop and execute comprehensive loss-mitigation plans early in the delinquency cycle to minimize financial exposure.
• Present regular loss-exposure updates to leadership.

Connaissances

Credit analysis

Negotiation

Banking regulations

Description du poste

The Commercial Asset Recovery Manager manages high-risk, non-performing loans to minimize financial losses. This role evaluates distressed accounts, negotiates loan restructures, and coordinates workouts with borrowers. When rehabilitation fails, the specialist oversees legal recoveries, foreclosures, and asset liquidations. The position requires strong credit analysis, sharp negotiation skills, and a deep understanding of banking regulations.

Loan Restructuring

• Review borrower financial metrics to assess repayment capacity.
• Create new performance milestones the borrower must meet.
• Draft formal loan modifications.
• Analyze updated market valuations for real estate and equipment.
• Review commercial financial statement and follow up on risk accounts.

Legal and Recovery Work

• Collaborate closely with legal counsel to establish clear, compliant resolution paths that protect assets.
• Coordinate the execution of legal remedies, settlement structures, and asset recovery plans to maximize financial returns.
• Develop and execute comprehensive loss-mitigation plans early in the delinquency cycle to minimize financial exposure.
• Present regular loss-exposure updates to leadership.