philadelphia, PA30+ days ago
The Asset Recovery Relationship Manager IV is responsible for the collections, restructuring, and relationship management problems of Commercial and Real Estate clients with exposures up to $1 million (I), $5 million (II), $10,000,000 (III), over $10,000,000 (IV) within the commercial or real estate lending portfolio. Maintain regular contact with borrower(s) and/or guarantor(s), recommend and implement legal action with the assistance of outside counsel, if necessary, upon default (i.e. foreclosure, levies, attachments, bankruptcies and ensure proper collection procedures and techniques are followed and documented in accordance with local, state and federal laws and regulations.