Credit Risk Specialist – Residential Loan Workouts Position Available In Pinellas, Florida

Job Description Job Summary Under general supervision with a high level of autonomy, uses knowledge and skills obtained through education, training, and experience to assist the Raymond James Bank Special Assets department in monitoring past due mortgage loans, tracking loan workouts and loss mitigation plans, determining expected loan losses, data collection, interpretation and analysis, preparation of defaulted mortgage loan cited asset and management reports, and ongoing/special projects. Guidance is provided to affirm recommended workout approaches. Provides support to Credit Risk Managers overseeing the Bank’s expected loss forecast for defaulted, past due and foreclosed loans. Maintains regular contact with senior credit management and other internal customers to aid in providing active reporting on defaulted, past due and non-accrual mortgage loans. Essential Duties and Responsibilities Performs data collection, analysis, and interpretation of results in support of credit risk responsibilities. Data may be obtained through financial statements, mitigation loss requests, loan servicer communications and internal sources. Develops and prepares spreadsheets, reports, and presentations utilized by Senior Management. Acts as the primary Bank contact with mortgage loan servicers on past due and defaulted mortgage loans. Assists with the administration of mortgage loan critical credit risk management activities for past due and defaulted mortgage loans, including recommendations on servicer proposed workouts inclusive of forbearances, Troubled Debt Restructures (TDRs), and loss mitigation applications to senior credit management. Interacts with Senior Management, Audit, Loan Review, other internal departments, and Bank regulators as needed. Performs other duties and responsibilities as assigned. Knowledge of Fundamental concepts, practices and procedures of loan accounting and lending principles. Mortgage loan products. Skill in Understanding and documenting business process workflow and control points for credit risk. Independently supports business processes with comprehensive understanding and effective use of standard office equipment and standard software packages. Reading, interpreting, analyzing and applying information from various credit risk reports and economic forecasts. Working without supervision and provides technical guidance when required on developing appropriate plans, requesting or performing necessary actions based on recommendations and requirements. Working with full competence to analyze potential solutions and create recommendations based on the expected benefits, costs, and overall value of the solution for key stakeholders. Working independently and provides technical guidance when required on achieving full compliance with applicable rules and regulations in management and/or operations. Interpreting and analyzing basic personal financial statements. Preparing and delivering written presentations and reports. Organizational and time management skills sufficient to prioritize workload, handle multiple tasks, and meet deadlines. Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, and spreadsheets. Strong Excel skills, with the ability to run macros, is essential for this position. Ability to Partner with others to accomplish objectives. Attend to detail while maintaining a big picture orientation. Interpret and apply policies. Manage multiple tasks with changing priorities to meet deadlines. Exercise sound decision-making, good judgement and communicate effectively, both orally and in writing, with all organizational levels, including senior management. Provide a high level of customer service. Establish and maintain effective working relationships with others.

• ACAMS not required

•

Education Bachelor’s:

Accounting, Bachelor’s:

Business Administration, Bachelor’s:

Finance Work Experience General Experience

• 3 to 6 years Certifications Certified Anti-Money Laundering Specialist (ACAMS)
• Association of Certified Anti-Money Laundering Specialists (ACAMS), National Mortgage License (Any State)
• Various State Agencies Travel Less than 25% Workstyle Remote At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm’s core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm At Raymond James
• as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.

When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. #LI-AT1 Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Founded in 1962 in St. Petersburg, Florida, rather than on Wall Street, we have always embraced being a different kind of financial services firm. Today, Raymond James has locations and subsidiaries across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF. Thanks for your interest in working with Raymond James. While we might not have the perfect role for you today, we’d love to keep in touch. Join our Talent Network to stay up to date on career opportunities that may be a good fit for you. Our business is deeply focused on people and their financial well-being. We’re committed to helping individuals, corporations and institutions achieve their goals, while also supporting successful professionals and helping our communities prosper. We believe doing well and doing good aren’t mutually exclusive. As an established but ever-evolving company, you can start

• or continue
• growing your career here.

We invest in you with wide-ranging benefits and the support of leaders and colleagues who care. From development opportunities and enriching networking groups to prioritizing diversity, inclusion and the power of different perspectives, Raymond James is where good people grow. Our people-first culture is outlined in our Culture Blueprint. Check it out to see why many choose to work at Raymond James

• and why they stay.