ARG Team Leader - Asset Resolution

Job Title

Manage and provide leadership to a team of ARG Asset Managers, with a goal of maximizing return on a portfolio of criticized and classified loans in accordance with Bank policy, procedures, and strategic goals.

Essential Duties and Responsibilities:

• Assign and manage the workload of ARG Asset Managers on the team to ensure a balanced portfolio
• Provide leadership and coaching to ARG Asset Managers in their identification and implementation of effective repayment and resolution strategies for criticized and classified commercial loans
• Responsible for making sure that risk ratings, accrual status, and asset carrying values are appropriate for assigned area of responsibility
• Co-approve credit requests, TDR determinations and charge-offs within established authority levels
• Develop effective risk management culture for assigned team through leadership which includes coaching and counseling, feedback and reinforcement, as well as support of the Bank's credit culture
• Assist Asset Managers with highly complex credit analysis and negotiations to prevent or mitigate loss to the Bank for the most complicated commercial lending relationships within the assigned territory
• Evaluate and make recommendations for assigned personnel regarding employment, training (initial and ongoing), performance rating, salary changes, promotions, transfers, terminations, career enhancement, and staffing levels
• Provide monthly certification of specific forecasting for non-performing assets, losses, and OREO transfers
• Ensure direct reports are working cooperatively and effectively in a consultative or shadowing role with teammates from other Business Lending Units throughout the Bank, when required, in order to mitigate risk
• Keep abreast of changing business and economic developments which impact the loan portfolio, profitability, and banking in general

Qualifications:

Required Qualifications:

• Bachelor's degree in business, finance, or banking or comparable education and related training
• A minimum of 12 years commercial banking or equivalent experience, with at least 7 years of loan workout or problem loan resolution experience
• A minimum of 7 years of management experience
• Superior negotiation, communication, interpersonal, financial analysis and problem-solving skills
• Demonstrated ability to handle multiple priorities under time constraints
• Ability to deliver messages and interact effectively in a sometimes tense or adversarial environment
• Superior knowledge of banking regulations, legal and documentation requirements
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Preferred Qualifications:

• 15 years commercial banking experience
• Master's degree in business administration, finance, or banking
• Graduate banking school

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.