<p>We are looking for an experienced VP Commercial Lender/Special Assets Manager to join our team in Minneapolis, Minnesota. In this role, you will focus on managing and developing commercial lending relationships, while strategically addressing special assets and loan workouts. This position requires strong expertise in credit risk assessment, portfolio management, and business development to ensure the bank’s financial success and compliance with regulatory standards.</p><p><br></p><p>Responsibilities:</p><p>• Develop, propose, and execute effective workout and liquidation strategies for problem loans, aiming to mitigate risk and maximize recovery.</p><p>• Analyze loan documents, borrower financials, and collateral details to assess repayment capacity and recovery potential.</p><p>• Collaborate with commercial bankers to resolve problematic loans and ensure successful outcomes.</p><p>• Manage and oversee the sale and liquidation of bank-owned properties to optimize returns.</p><p>• Present detailed workout proposals to the Bank Credit Committee for approval, while ensuring minimal losses and maximum recoveries.</p><p>• Partner with external professionals such as appraisers, attorneys, and realtors to maximize the value of collateral-secured loans.</p><p>• Travel as needed to meet clients or inspect collateral, ensuring thorough oversight of loan assets.</p><p>• Prepare and deliver regular reports to senior management on the status and progress of special assets.</p><p>• Build and expand client relationships through proactive networking and outreach efforts.</p><p>• Conduct reviews of financial analysis and credit materials to identify opportunities for structured finance and specialized lending programs.</p><p><br></p><p>If you are interested in joining this growing bank please message Doug Rickart in LinkedIn, call Doug at 612-249-0330 or apply through the link provided</p>