Workout Portfolio Manager Job at JCW Group, Hudson County, NJ

dGVtenZNSmpzRWRVMW5Qemp6R2lEdTNzNlE9PQ==
  • JCW Group
  • Hudson County, NJ

Job Description

Overview:

A local bank in New Jersey is seeking an experienced Workout Portfolio Manager to join their team. In this role, you will support the Asset Recovery Department by analyzing problem credits, assessing financial information, and recommending strategies to maximize recovery efforts. You will collaborate closely with Asset Managers to restructure non-performing or impaired loans, while ensuring compliance with policies, procedures, and regulations. This is a dynamic opportunity to contribute to minimizing loan losses and supporting the overall financial stability of the bank.

Responsibilities:

  • Support Asset Managers in developing strategies for restructuring problem and non-performing loans.
  • Gather and analyze borrower and guarantor financial information to recommend effective workout solutions.
  • Conduct quarterly and semi-annual loan reviews, including status updates, risk rating adjustments, and workout strategy recommendations.

Qualifications:

  • 3+ years of experience in commercial loan portfolio management, lending, or credit analysis/underwriting.
  • Strong financial analysis skills with high accuracy and attention to detail.
  • Excellent communication, problem-solving, and organizational skills.

Job Tags

Local area,

Similar Jobs

Shred-it

Non-CDL Box Truck Driver Job at Shred-it

 ...Shred-It / WM Healthcare Solutions is Hiring!! Experienced Non-CDL Local Box Truck Driver in Springdale, AR Shred-It is a division of WM (formerly known as Waste Management) an American based global company that offers regulated waste management services in 5 continents... 

Perlman Clinic

Primary Care Physician Assistant Job at Perlman Clinic

 ...a full or part-time Physician Assistant / Nurse Practitioner to join our...  ...with an interest in Primary Care. Physician Assistant / Nurse Practitioner...  ...been providing primary and urgent care in San Diego. Our primary...  ..., rather than to focus our medical practice on those methods that... 

Austin Allen Company - Professional Recruitment

Financial Controller Job at Austin Allen Company - Professional Recruitment

Controller Plant Controller Food Manufacturing Salary $95,000 - $120,000 + Bonus + Benefits & Paid Relocation to the NE USA Home to all major sports and a winter playground!Ski mountains in winter & lakes in summer! Lush rolling countryside full of American History...

The Meyers Group

Chief Financial Officer Job at The Meyers Group

 ...growth for the future. Reporting to the Chief Executive Officer and as a member of the executive team, the CFO will play a key role in advising the organization and its leadership both staff and Board - about the strategic development and operational excellence ate that... 

DICK'S Sporting Goods

Assistant Store Manager Sales - House of Sport Job at DICK'S Sporting Goods

 ...House of Sport by DICK'S Sporting Goods is more than just a store. It is a destination, an experience, a place where athletes can...  ...serves. Follows standard operating procedures around performance management when handling teammate discipline, appraisals, performance...