Job Description

Category
Credit
Position Type
Full-Time/Regular
Job Location
Rockville, MD
Tracking Code
1019-948

EAGLEBANK OVERVIEW:

Eagle Bancorp, Inc. headquartered in Bethesda, MD, was incorporated in 1997 to serve as the bank holding company for EagleBank. Eagle Bancorp is a publicly traded company under the symbol EGBN. EagleBank commenced banking operations on July 20, 1998, and currently operates 20 banking offices: six in Suburban, Maryland, five located in the District of Columbia; and nine in Northern Virginia. The Bank was founded to specifically address the business and personal needs of local business owners. It has been answering and exceeding those needs for over 20 years, providing custom financial solutions, local access to senior management, quick response, local decision-making, and a deeply-rooted dedication to the local community.

Our Mission is to be the most respected and profitable community bank by putting relationships first to the delight of our customers, employees, and shareholders, and relentlessly deliver the most compelling service and value. Eagle Bank’s Values are: Relationships F·I·R·S·T: Flexible, Involved, Responsive, Strong, and Trusted.

GENERAL SUMMARY:

Monitors and manages past due loans. Independently negotiates workouts and loan restructures for troubled assets; manages liquidation of troubled assets; manages OREO properties and properties classified as "Non-Performing Assets". Assists CCO and Special Asset Manager with various projects. Prepares and presents quarterly asset status reports for Senior Management and Board Meetings. Assists State and Federal Bank Examiner, Internal Auditors and external loan review auditors on a periodic basis.

MAJOR DUTIES AND RESPONSIBILITIES:

  • Manages/Monitors Past Due Loans.
  • Autonomously manages loan workout process of the largest and most complex loans which include negotiations with borrower(s), guarantor(s) or landlord(s), and other interested parties. Includes all aspects of liquidation of collateral, management of auction process, retention and interaction with bank counsel - all in an effort to maximize recovery and minimize the loss to the bank
  • Works with Bank Counsel(s) on negotiating troubled assets and attend hearings as needed; filing of judgments; collection activities.
  • Independently restructures troubled assets. Negotiates, manages and processes Change in Terms, Forbearance Agreements and loan modifications of loans in portfolio.
  • Works with bank auditors, external loan review auditors and state and federal regulators as needed.
  • Requests, reviews and analyzes financial information of Borrower(s).
  • Manages/Monitors OREO properties and properties classified as "Non-Performing Assets".
  • Coordinates insurance coverages for bank owned properties and properties lacking proper insurance coverage.
  • Orders & reviews appraisals of properties within loan portfolio.
  • Coordinates payment of collection expenses and legal fees.
  • Prepares and presents reports at quarterly Senior Management and Board Meetings.

Required Skills
  • Credit Analysis skills.
  • Real Estate knowledge.
  • Proficiency with loan documents and other legal documents.
  • Understanding of loan workout liquidation policies and procedures.
  • Proficient in MS Office.
  • Highly motivated, self-driven individual who can think strategically, operate independently and take accountability for the function.
  • Ability to motivate, influence and collaborate with others both internally and externally.
  • Must have the ability to multi-task in a fast paced environment and prioritize your focus on most impactful activities.
  • Strong oral and written communication skills when interacting with internal and external clients.
  • Strong analytical, critical thinking and problem solving skills.
  • Demonstrates a commitment to Relationships FIRST in all areas of job performance.
  • Local travel as required.
  • Demonstrates a commitment to Relationships F•I•R•S•T in all areas of job performance.
Required Experience
  • High school diploma or equivalent required.
  • College/University classes or 3rd party training (RMA, NAGGL) in credit analysis, real estate, loan documentation, or SBA strongly preferred.
  • Knowledge of legal and bankruptcy concepts required.
  • 5-10 years of experience in banking, special assets, legal, and/or real estate required.

We are an equal opportunity employer. Employment selection and related decisions are made without regard to sex, race, age, disability, religion, national origin, color or any other protected class.

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Application Instructions

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