Special Assets Administrator IV

Responsible for managing a portfolio of the larger and most complex, adversely graded loans. In general, the commercial loan workout function seeks to minimize the loss exposure in adversely-graded commercial lending relationships, including participation and agented loans, by understanding the collateral, documentation and industry trend and obtaining improvements in the collateral package, correcting or improving documentation or structural weaknesses and provide strategic direction designed to maximize the collection of principal and interest in a timely fashion. This position is responsible for reviewing and understanding strategies to exit or upgrade loan relationships, including bankruptcy, capital structures, collateral valuation and liquidation strategies and may provide overview and direction on critical issues or strategies to junior special asset administrators. Sound credit administrative skills and lending judgment are necessary. Individual would handle a significant size portfolio of direct assigned accounts of the most complex relationships. Position scope would include responsibility for assigned defaulted loan expense budget, and would require responsibility for managing legal, ORE income and expenses. Would manage the larger zero balance charge offs. Overall, would be responsible to maximize the recovery of principal, interest and manage defaulted loan expenses and OREOA along with charge offs loans.QualificationsKnowledge is normally acquired by completion of 4 years of college resulting in a bachelor s degree or equivalent. Five or more years applicable experience in managing a commercial or problem loan portfolio, credit training, documentation knowledge, knowledge of bank products/ services and regulatory issues.Excellent Benefit Package Geography National City offers job satisfaction, growth and development at thousands of locations, including this opportunity in US-MI-Troy We Offer Related Information National CIty Corporation subsidiaries and member banks are Equal Opportunity Employers. National City does not hire people in F-1 or J-1 status for trainee positions. National City requires candidates to submit to pre-employment drug screening. Privacy Statement