Responsibilities include but not limited to: Supervise assigned workout officers and support staff. Independent, self-starter experienced with guiding workout officers in managing their respective portfolios by, among other things, reviewing the officers' proposed courses of action and the facts and considerations on which they are based and where appropriate, raising additional facts and considerations that may suggest alternate courses of action. Maintain a workout portfolio of more complex litigation matters that may involve loans with substantial balances secured by collateral that is difficult to evaluate or liquidate or real property that may be burdened with multiple tenants, past due taxes and tax liens, or potential environmental issues. Restructure problem loans by, among other things, implementing an amortization plan or forbearance agreement based on multiple factors such as the borrower's realistic ability to repay, the strength of the Bank's legal position and the possibility of recovery from other sources such as collateral and guarantors. Seek alternative means of loan repayment through foreclosure on real property or the liquidation of other collateral, when a review of the relevant facts and circumstances, including a review of the loan documents and the nature and value of the collateral, indicates that initiating and pursuing such legal remedies will likely result in a greater recovery by the Bank. Reduce the overall degree of risk associated with Special Assets credits. Guide outside counsel in collection strategy to maximize recovery by, among other things, discussing potential legal avenues of recovery and expectations when counsel is assigned. Remain in close contact with counsel as the matter progresses so as to be fully informed of developments to discuss and propose options in response to legal developments. Analyze financial statements, loan documents, and collateral to ascertain the best collection route based on a consideration of, among other things, the legal strength of the Bank's position, the range of remedies available to the Bank, and the ability and willingness of the borrower and other obligors to cooperate with and provide payments to the Bank. Make recommendations to senior management as to risk ratings, accrual of interest and whether loans should be written down or charged off in whole or in part and in what amounts. Review, analyze and, if feasible, correct any structural or documentation deficiencies and monitor the bank's collateral position or liquidation of the collateral by, for example, obtaining and filing corrected mortgages, UCCs or other loan documents or filing unfiled "springing" mortgages. Has frequent interaction with senior management regarding the status of problem loans.