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Officer - Acquired Assets Disposal Group
2 weeks ago
SCOPE OF RESPONSIBILTIES:
Responsible for the proper execution of policies, programs, and strategies relative to the disposal/lease of the Bank's ROPA and other Bank-owned properties through the traditional and non-traditional modes of disposal of big ticket and complex accounts in the assigned area; signs, countersigns correspondence and other related documents within authorized limit; performs other duties as may be assigned by superiors.
DUTIES:
Ensures that assigned sales and sales-related targets are achievedEvaluates and processes offers to buy/lease big ticket and complex ROPA accounts and other Bank-owned properties in the assigned area in accordance with existing policies and guidelinesNegotiates with clients/buyers with the end in view of closing a sale/lease transaction that is favorable to the Bank and in accordance with policies and guidelinesProcesses non-traditional modes of disposal of ROPA and other Bank-owned properties in the assigned area such as Joint Venture Agreements, Community Mortgage Program, Lease-to-Own, Special Purpose Vehicle, Compromise AgreementsSigns and countersigns recommendations for disposal/lease of Bank Properties for presentation to the Bank's appropriate approving committeesPresents/Co-presents to the appropriate approving bodies recommendations for sale/lease of properties being handled-
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