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Robert Half Logo Robert Half · Banking

Svp managed assets

United States, Needham · Job Posted March 13, 2026
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Job Description

We are seeking an experienced leader to oversee the Managed Assets Group within a banking environment with offices in MA & NH. This position requires a strategic thinker skilled in problem loan resolution, borrower engagement, and team leadership. You will play a vital role in guiding the bank’s recovery efforts, ensuring compliance, and driving results through collaboration and expertise.

Job Responsibility

  • Direct all aspects of collections, account workouts, litigation, and management of challenging borrower situations to ensure effective resolution strategies
  • Conduct detailed financial and cash flow analyses to identify viable solutions for borrowers and problem loans
  • Manage reporting functions, including the Bank's Watch List, Criticized Asset Reports, and Delinquency Reports, while chairing the Troubled Asset Review Committee
  • Represent the organization at foreclosure auctions and oversee property management post-foreclosure
  • Address and resolve account and collateral issues across diverse loan portfolios
  • Provide training and mentorship to lenders, management, and entry-level staff to enhance organizational expertise in workout disciplines
  • Lead recovery activities independently and collaborate with collections specialists and line officers to achieve optimal outcomes
  • Develop and implement innovative strategies to mitigate losses and improve loan performance
  • Serve as a trusted advisor to the organization, offering insights and recommendations on challenging borrower situations and recovery processes
  • Ensure regulatory compliance and maintain high standards of operational excellence

Requirements

  • Minimum of 10+ years of experience in collections, bankruptcy, foreclosure, and loan workout within a banking environment
  • Proven expertise in managing C&I (including Small Business) and Commercial Real Estate loan workouts
  • Demonstrated ability to perform advanced financial and cash flow analysis
  • Exceptional negotiation, communication, and interpersonal skills

What we offer

  • medical, vision, dental, and life and disability insurance
  • eligible to enroll in our company 401(k) plan
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