Greg Scheer Email & Phone Number

Reading, Pa, Us

Collections, workouts and follow up including negotiating alternative payment plans.

Wyomissing, Pa

Responsible for working with borrowers concerning their delinquency including any follow-up required.Collecting then initiating the processing of loan payments received from the problem past due and charged-off borrowers.Prepare quarterly Watched Assets Reports and Managed Assets Reports for presentation at the Credit Quality Committee Meeting with Lending Management. Decides on and sets the amount of the force placement insurance coverage for the properties in the Bank's Other Real Estate Owned portfolio.Prepares, forwards and follows up on the civil complaints filed with District Justices.Oversees the system for filing proofs of claim with the Bankruptcy Courts.Meet with borrowers personally to discuss action plan for curing their delinquency.Maintains suitable working relationships with outside legal counsels.Attends the quarterly Credit Quality Committee Meetings where the Loan Loss Reserve Allocations are set and the ongoing workout actions are decided.Maintains the physical integrity, current appraised value and negotiates the sales of the properties within the Bank's Other Real Estate Owned portfolio.

Contacted borrowers concerning their delinquency including any follow-up as required.Processed loan payments received from the problematic and charged-off loans.Prepared month end delinquency reports for Management and the Board of Directors.Managed the life and disability insurance claims process.Prepared, filed and followed up on civil complaints with District Justices.Acted as coordinator for the Special Assets Committee and the Charge Off Committee. Consulted with other members of the Charge Off Committee to decide what accounts would written off.Managed the relationship and monitored the progress of charged off loans placed with external collection agency.Reviewed setup of charged off loans on the internal loan processing system.Oversaw the system for filing proofs of claim with the Bankruptcy Courts.Met with borrowers personally to discuss action plan for curing their delinquency.Maintained suitable working relationship with outside legal counsels.Trained new Collection Associates.Attended Internal Loan Committee Meetings weekly.Maintained physical facilities of and negotiate sales of Other Real Estate Owned.Assumed responsibility for the overall efficient, effective operations of the Collection Department.

Provided support for achieving highest quality portfolio of credit relationships while maintaining consistent risk profile.Oversaw day-to-day activities of Relationship Managers including resolving inquiries and creating structure in concert with loan policy.Gathered and interpreted financial information, assisted in preparing discussion proposals, commitment letters, managed underwriting process and prepared periodic reviews.Assumed the leading role in monitoring performance, assisting Asset Review and Regulatory Agencies plus interfaced with Analysts and Administrators.Supported lenders in cross-selling efforts, assisted in setting strategy and highlighting areas of risk.Reviewed delinquencies, loan documentation plus attended settlements as needed and oversaw assignment of proper risk ratings.Maintained good working relationship with Branches, Loan Operations and Loan Administration.Participated in customer calls as time allowed and necessity dictated plus was a Mentor to all who need assistance relative to the credit process.

Oversaw financial analysis, underwriting and calling techniques of six Small Business Banking Relationship Managers.Discussed structure of credit relationship and accompany relationship managers on customer calls.Coordinated collection of pertinent information necessary to prepare presentations.Analyzed and completed spreads of borrower's financial statement information.Prepared comprehensive approval memorandum for submission to appropriate approval authorities.Recommended revisions to credit analysis program to increase efficiency and productivity.Trained new credit analysts in the proper procedures for analyzing financial statements and preparing approval memorandums.Recommended to management potential changes to the credit policy.Assigned and maintained the schedule of credits to be analyzed and prepared for approval.Answered questions of management and relationship managers concerning the proper interpretation of established credit policy.