ASSET MANAGER AND WORKOUT SPECIALIST at OSP LP

Job Description:

Latest job information from OSP LP for the position of ASSET MANAGER AND WORKOUT SPECIALIST. If the ASSET MANAGER AND WORKOUT SPECIALIST vacancy in Tampa matches your qualifications, please submit your latest application or CV directly through the updated Jobkos job portal.

Please note that applying for a job may not always be easy, as new candidates must meet certain qualifications and requirements set by the company. We hope the career opportunity at OSP LP for the position of ASSET MANAGER AND WORKOUT SPECIALIST below matches your qualifications.

Job Description

Primary Position Objective

Manage commercial loan portfolios with an emphasis on ensuring collections for nonperforming and underperforming credits of varying types, in senior and subordinate lien positions.

Major Duties and Responsibilities:

• Establish and maintain regular contact with borrowers within assigned portfolio with emphasis on borrowers with underperforming and nonperforming credits.
• Maintain reporting for of nonperforming and underperforming credits.
• Negotiate with Borrowers to secure collateral or assets as appropriate and necessary.
• Assist in preparing and executing loan workout strategies to ensure optimal asset recovery in accordance with client objectives.
• Assist with initiating foreclosure proceedings and engaging and working with receivers to ensure optimal collections and minimize any decline in collateral value.
• Review and interpret commercial loan documents to ensure servicing and covenant compliance for commercial credits in senior and subordinate positions in accordance with agreed upon terms.
• Report and actively pursue resolution of past due items and matters of default in accordance with agreed upon terms.
• Ensure effective written and verbal communication with staff, management and clients; and
• Adhere to timelines and deadlines established based on client needs and department workflow.

Supervisory Requirements:

None

Independent Judgment:

• Identify potential issues, including but not limited to, inconsistencies, errors and defaults and effectively report those issues to managers and clients.
• Familiarity of all aspects of servicing nonperforming and underperforming commercial credits, including, but not limited to payment collections, negotiating terms, securing collateral, asset recovery and the foreclosure process.

Minimum Qualifications:

• 5+ years’ experience with managing commercial loans.
• Bachelor’s Degree in business, finance or accounting related field or equivalent experience.
• Knowledge of commercial loan documentation.
• Attention to detail and strong organizational skills.
• Robust problem-solving skills.
• Ability to implore critical thinking measures and to think through global consequences.
• Strong computer skills with emphasis on Microsoft Excel, Word, and Outlook and ability to learn new loan servicing systems or other software as implemented.
• Professional communication skills, both verbal and written.
• Must be able to produce at a high level under limited supervision and meet imposed deadlines in a fast paced, demanding environment.
• Must be able to work independently and in a cooperative team environment.

This description has been designed to indicate the general nature and level of work performed by an employee in this position. The actual duties, responsibilities and qualifications may vary in the future based on new or revised work assigned to this position.

AmeriNat offers a competitive benefits package including 401k; performance incentives; paid medical, life and long-term disability; dental; vacation, sick and holiday pay as well as opportunities for advancement. Dress code is business casual (jeans allowed) and occasional business attire required.

AmeriNat will consider qualified applicants in a manner consistent with local “Fair Chance” ordinances. AmeriNat is an Equal Opportunity Employer.

Job Info:

• Company: OSP LP
• Position: ASSET MANAGER AND WORKOUT SPECIALIST
• Work Location: Tampa
• Country: US

How to Submit an Application:

After reading and understanding the criteria and minimum qualification requirements explained in the job information ASSET MANAGER AND WORKOUT SPECIALIST at the office Tampa above, immediately complete the job application files such as a job application letter, CV, photocopy of diploma, transcript, and other supplements as explained above. Submit via the Next Page link below.