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Capital City Bank Group, Inc. · 2 months ago

Senior Collections Litigation Manager - Metro Office

Tallahassee, FL

Full-time

Onsite

Senior Level

5+ years exp

Capital City Bank Group, Inc. is a financial institution seeking a Senior Collections Litigation Manager. The role involves directing and managing consumer loan and real estate loan portfolios, developing collection strategies, and overseeing the resolution of troubled loans while ensuring compliance and collaboration with legal counsel.

BankingFinancial Services

Responsibilities

Direct and inspire teams managing consumer and real estate loan portfolios, setting ambitious goals and driving results through effective coaching and motivation

Lead the creation and implementation of advanced collection strategies and policies, ensuring best practices and regulatory compliance

Oversee the resolution of troubled and impaired loans, applying analytical and creative problem-solving to maximize recoveries and minimize losses

Manage real property assets acquired through foreclosure, coordinating asset security, reconditioning, marketing, and sale strategies

Work closely with legal counsel, lenders, and executive management to develop litigation strategies and workout plans tailored to complex scenarios

Hire, develop, and evaluate top talent, fostering a culture of accountability and continuous improvement

Analyze loan relationships, recommend proactive measures to prevent asset deterioration, and ensure timely disposition of ORE properties

Provide regular, insightful updates to executive management on classified loans, departmental performance, and strategic initiatives

Participates in the Bank’s development of collection policies and procedures for payment of delinquent accounts, and other default procedures

Reviews the delinquent loan status for the Bank, where needed, coordinates contacting delinquent account holders through telephone calls, letters and personal visits

Approves subordinate personnel collection activities regarding workouts of loan payments on delinquent accounts, assisting in procedures when necessary

Directs status of delinquent accounts determined to be irresolvable, ensuring that all proper documentation is accounted for and all is properly entered

Works with other departments within the Bank regarding litigation activities

Meet regularly with support personnel to set goals, reinforce goals, coach, motivate and reward

Responsible for hiring and staffing of department. Prepares and conducts performance evaluations

Work with outside legal counsel and staff to facilitate the timely documentation and implementation of workout plans, litigation strategies or, when necessary, recourse to legal remedies

Diligently apply both analytic and creative skills and business judgment to maximize the value and minimize the risk of each loan

Manage, monitor, and regularly report to management regarding 'classified' commercial and residential loans

Analyze client loan relationships and proactively recommend appropriate steps to forestall or minimize asset deterioration and, when necessary, to maximize recoveries

Work with lenders and clients to negotiate commercial loan and residential loan workouts that may include loan modifications, voluntary and involuntary receiverships, marshalling of assets, and asset sales

Perform financial and legal risk evaluations of credits

Work with lending associates and clients to better secure collateral and/or assets of the clients

Aid other lenders and market Presidents with loan modifications questions and concerns

Review and approve departmental expenditures and process payment through Capital City Bank’s AvidAscend program (time sensitive process)

Review and manage the reconcilement certifications and attestations, received monthly from financial accounting, for department (time sensitive process)

When needed, conduct initial site assessment of properties; coordinate securing property; conducts needs assessment and coordinate repairs; marketing and sale; assists in establishing pricing and hiring of realtor; and contract review

Develop and implement strategies for the timely disposition of ORE properties to minimize financial loss for the Bank

Qualification

Collections ManagementRisk ManagementAnalytical SkillsPolicy DevelopmentFinancial AnalysisManagerial SkillsPersonal IntegrityCommunication SkillsProblem SolvingCollaboration