Asset Manager

Description

Summary

The successful candidate will be able to manage assigned assets using established policies and procedures to manage risk while maximizing return.

Responsibilities

• Assess recovery and risk attributes of managed assets.
• Contact borrowers and others to obtain any information needed for the loans.
• Collect loans.
• Reports on status of each loan or portfolio managed to supervisor.
• Administer relations with attorneys, participants, and outside personnel working on managed assets.
• Aid in underwriting of assets being considered for purchased if needed.
• Manage assigned assets to maximize recovery within the constraints of the existing legal and economic parameters.
• Interact with attorneys, appraisers, participants, bank staff and others to collect loans or liquidate collateral.
• Coordinate with attorneys, accountants, real estate agents, appraisers, property managers, title companies, contractors and other asset management companies nationwide as required.

Requirements

Skills/Experience/Education

• 5 years of experience in collections and management of troubled assets preferred.
• Strong analytical skills and negotiation skills are required.
• Must be performance driven and flexible.
• Accustomed to detail reporting within legal, accounting & regulatory guidelines.
• Litigation experience and knowledge of consumer protection laws is a plus.
• Experience in insurance, valuation, and some taxation.

Essential Mental & Physical Requirements

•  Ability to travel if required to perform the essential job functions. 
• Ability to work under stress and meet deadlines.
• Ability to read and interpret a document if required to perform the essential job functions.
• Prolonged periods of sitting at a desk and working on a computer may be required.
• Ability to lift/move/carry approximately 15 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division any “undue hardship” then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

Gulf Coast Bank & Trust Company and its subsidiaries is committed to a diverse and inclusive workforce. We are committed to equal employment opportunities without regard to race, color, genetic information, religion, sex, affectional or sexual orientation, gender identity or expression, age, marital status, military and veteran status, physical and mental disability, and any other characteristic protected by applicable law. We believe in attracting, retaining, and promoting quality talent and recognize that our diversity is critical to the success of the company.