Senior Commercial Loan Workout Specialist

WesBanco, Inc.

New Albany (IN)

On-site

USD 85,000 - 100,000

Full time

14 days+

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Job summary

WesBanco, Inc. is seeking a Credit Administrator to oversee a portfolio of troubled commercial and CRE credits. The role focuses on developing and implementing credit strategies to minimize potential losses while applying strong underwriting and collection practices.

You will collaborate with management, lenders, and legal counsel to protect the bank's interests and ensure compliance with evolving regulations. The position requires fast decision-making and precise documentation.

Qualifications

  • Bachelor's degree in a related field is required.
  • 5 years of related experience or equivalent combination of education and experience.

Responsibilities

  • Review loan files to understand transactions and borrower context.
  • Enforce bank rights on loan and collateral.
  • Discuss issues with supervisor/legal to develop strategies.
  • Document actions taken for each assigned account.
  • Coordinate with third parties to dispose of collateral.
  • Direct banking officers on shared accounts.
  • Analyze financial statements and cash flow to assess borrower strength.
  • Respond to inquiries from customers, regulators, or business community.
  • Ensure compliance with applicable regulations and bank policies.
  • Develop credit administration strategies to minimize losses.
  • Work with management and counsel to ensure policy compliance.
  • Other duties as assigned.

Skills

Organizational skills
Communication skills
Negotiation skills
MS Office
Attention to detail
Multitasking
Fast-paced environment
Process improvement
Decision making
Professionalism

Education

Bachelor's degree in related field

Tools

Microsoft Office Suite

Job description

WesBanco, Inc. is seeking a Credit Administrator to oversee a portfolio of troubled commercial and CRE credits. The role focuses on developing and implementing credit strategies to minimize potential losses while applying strong underwriting and collection practices.

You will collaborate with management, lenders, and legal counsel to protect the bank's interests and ensure compliance with evolving regulations. The position requires fast decision-making and precise documentation.

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