Comerica Bank Job - 33398788 | CareerArc
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Company: Comerica Bank
Location: San Jose, CA
Career Level: Executive
Industries: Banking, Insurance, Financial Services

Description

Special Assets Officer IV
The Special Assets Officer is responsible for managing portfolio of complex commercial loans and developing collection strategies.
Position Competencies: Successful incumbents possess strong credit, analytical, negotiating, time management and verbal and written communication skills.   Reporting Information: This position reports to the Group Manager of Special Assets.
Position Responsibilities:

  • Manages a portfolio of loans within the Special Assets Group.
  • Develops, negotiates, and implements strategies to maximize collections and mitigate other risks and exposures.
  • Provides accurate, complete, and timely individual loan and overall portfolio reports, including recommendations for non-accrual status, individual reserves, and charge-offs.
  • Assists in forecasts and estimates of the timing of resolution and amount of collections.
  • Provides feedback and analysis on causes of credit impairments and losses.

Travel:
5% travel is required of this position.
Relocation:
Relocation assistance is not available for this position.


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