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SunTrust Bank is currently seeking a Special Assets Officer in our Atlanta, GA office.
The Special Assets Officer will be responsible for managing an assigned portfolio of problem commercial, real estate, business banking and wealth & investment management credit relationships to maximize the economic outcome for SunTrust. Includes devising, implementing, monitoring & reporting on rehabilitation, exit, and recovery strategies.
This Special Assets position will primarily be responsible for managing problem loan relationships in the Atlanta, North Georgia, East Tennessee, and South Carolina markets. The relationships will usually be in the $100M to $1,500M total credit commitments range. The officer will handle loan renewals, restructures, foreclosures, repossessions, settlements, bankruptcies, and recovery of charge-offs, supported by legal counsel when needed. Will be responsible for monitoring a portfolio of assigned relationships and ensuring that risk grades, accrual status, book balances, and reserves are appropriate.
Requirements: 5 or more years of workout experience, including debt restructure, settlements, collateral liquidation, real estate foreclosures, managing / selling foreclosed real estate, bankruptcies, and judgment collection. Bachelor’s degree.
SunTrust offers advancement opportunities, excellent benefits, competitive salaries and incentive plans. For immediate consideration, please apply on-line at www.suntrust.com/careers. We are a Drug Screening and Equal Opportunity Employer, M/F/D/V.