Commercial Asset Recovery
The Newburgh Group · Louisville, Kentucky, United States
FULL TIMEpermanent
Job Description
Commercial Asset RecoveryCommunity Bank
Find out more about the daily tasks, overall responsibilities, and required experience for this opportunity by scrolling down now.
The Commercial Asset Recovery Manager manages high-risk, non-performing loans to minimize financial losses. This role evaluates distressed accounts, negotiates loan restructures, and coordinates workouts with borrowers. When rehabilitation fails, the specialist oversees legal recoveries, foreclosures, and asset liquidations. The position requires strong credit analysis, sharp negotiation skills, and a deep understanding of banking regulations.
Loan RestructuringReview borrower financial metrics to assess repayment capacity.Create new performance milestones the borrower must meet.Draft formal loan modifications.
Risk EvaluationAnalyze updated market valuations for real estate and equipment.Review commercial financial statement and follow up on risk accounts.
Legal and Recovery WorkCollaborate closely with legal counsel to establish clear, compliant resolution paths that protect assets.Coordinate the execution of legal remedies, settlement structures, and asset recovery plans to maximize financial returns.
Loss PreventionDevelop and execute comprehensive loss-mitigation plans early in the delinquency cycle to minimize financial exposure. xzbcwsv Present regular loss-exposure updates to leadership.
Find out more about the daily tasks, overall responsibilities, and required experience for this opportunity by scrolling down now.
The Commercial Asset Recovery Manager manages high-risk, non-performing loans to minimize financial losses. This role evaluates distressed accounts, negotiates loan restructures, and coordinates workouts with borrowers. When rehabilitation fails, the specialist oversees legal recoveries, foreclosures, and asset liquidations. The position requires strong credit analysis, sharp negotiation skills, and a deep understanding of banking regulations.
Loan RestructuringReview borrower financial metrics to assess repayment capacity.Create new performance milestones the borrower must meet.Draft formal loan modifications.
Risk EvaluationAnalyze updated market valuations for real estate and equipment.Review commercial financial statement and follow up on risk accounts.
Legal and Recovery WorkCollaborate closely with legal counsel to establish clear, compliant resolution paths that protect assets.Coordinate the execution of legal remedies, settlement structures, and asset recovery plans to maximize financial returns.
Loss PreventionDevelop and execute comprehensive loss-mitigation plans early in the delinquency cycle to minimize financial exposure. xzbcwsv Present regular loss-exposure updates to leadership.
Details
| Company | The Newburgh Group |
| Location | Louisville, Kentucky, United States |
| Type | FULL TIME |
| Niche | finance |
| Experience | permanent |