Support PDF,DOC,DOCX,TXT,XLS,WPD,HTM,HTML fils up to 5MB
Years of Experience
Date Last Verified
Regional Closely-held Business Services Specialist The candidate will work with the Director of CHBS. Will coordinate internal staff and take primary responsibility for the technical analysis, fiduciary evaluation and business responsibilities for closely-held assets held in fiduciary accounts. Work with market officers to meet with clients, coordinate asset analysis prior to acceptance (due diligence), and propose a plan of administration reflected in memoranda for acceptance committees. Will also provide high-level consultation for internal sales and fiduciary teams, internal counsel and centers of influence to create proper documentation and vehicles to administer and limit risk for the holding of such assets. Will also assist the Director with the ongoing design and update of special assets business policies, fiduciary committee design, and procedures in order to fulfill the bank's responsibilities concerning closely-held assets. Focus on implementation of advisory and technical approaches to assist officers who manage specified assets to limit liability and business risks as well as to assure compliance with OCC regulations. For assets under administration in the region, will be directly responsible for reviews of high risk assets as well as the coordination of those reviews with the Operations valuation team to assure strict compliance with OCC and other regulatory groups. Assess/analyze the business asset and the management team; understand its financial performance, examine any conflicts between business decision-makers and beneficiaries and, help determine whether the asset is appropriate (given the estate or trust that will hold it). Determine whether this investment can be carried out with reasonable risk/safety if our conditions of acceptance are met. Job role includes assistance with Supervisor and TA/TD to oversee and direct appropriate committee acceptance of proposed special asset. Will frequently prepare, review and present information regarding the analysis of new and existing assets before the Special Assets Committee, Closely Held Asset Committee and other fiduciary groups. Will also frequently arrange for the distribution or sale of CHBs and other special assets deemed unsuitable for retention or where an opportunity for sale is desirable. Seek to identify buyers and markets for such securities and document efforts in selling them for fiduciary portfolios.
Qualification and Experience
The candidate should have a BS in Business or a related degree plus Graduate Degree in Law (JD) or MBA or Masters in Finance or Tax. J.D. degree and or one of the following: CPA, CFA, MBA, CTFA, CFP is needed. Must have 5 years of experience in one or more of the following disciplines: Lending/Credit, Trust Administration, Accounting/Tax or Financial Analysis or 5+ years experience in transactional work, commercial lending with high level fiduciary and related exposure. Corporate banking background is a strong plus. Ability to travel is needed.
Auto req ID: 118000BR
Company infoHiring coordinator