To apply for a career opportunity at Southport Bank, send your resume and/or application to:

Southport Bank
Attn: Human Resources
7027 Green Bay Road
Kenosha, WI 53142

Or email your resume to Beth Bahr at bbahr@southportbank.com.

For a printable version of our employment application, please click here.

You will need Adobe Acrobat Reader to print the application. If you do not have Adobe, you can click the Adobe Icon to download a free copy.

Southport Bank is an Equal Opportunity Employer that recognizes that the continued success of the bank as a premier financial services provider depends largely on the collective strengths of our employees.

LOSS MITIGATION SPECIALIST KENOSHA, WI This contracted position is responsible for the management of a small to mid-sized portfolio of problem commercial loan relationships with the goal of resolution through rehabilitation, exit or liquidation. May also be involved in assisting the SVP and VP of Loss Mitigation with administrative duties, written communications and coordination of external vendor activities related to the management of their portfolios. Under the direction of the SVP, Loss Mitigation, execute workout plans to ensure the timely resolution of accounts while minimizing losses and controlling expenses. Monitor collection procedures for charged off/non-ledger assets with a goal of timely disposal of repossessed and foreclosed collateral. Responsible for assisting with modifications to loan structures including but not limited to note modifications, collateral modifications or borrower/guarantor modifications. DESCRIPTION OF ESSENTIAL DUTIES: Provide management summary and detailed reports as required on the current status of the loan portfolio with regards to delinquency, asset recovery performance and trends related to problems loans under management. Assist in interfacing with customers, customer’s legal counsel, and bank legal counsel to gain cooperation in the implementation of corrective account strategies to collect and/or upgrade loans. Analyze the financial condition of a borrower through financial statements. Analyze collateral as a source of repayment and uses knowledge of various collateral types to assess loss potential and establishes repossession, liquidation/foreclosure techniques on problem loans. Recommend to management when a loan should be moved to non-accrual status, be returned to accrual status, and to charge-off a portion or all of an uncollectible loan based on established bank guidelines. Follow established procedures related to credit modifications which include collateral modifications, note modifications, extensions, deferrals, and/or borrower/guarantor changes. The job requires: - education generally equivalent to a bachelor’s degree in business, finance, accounting or equivalent work experience. - a minimum of 3 years of lending, credit analysis and/or collections/special asset work experience in a financial services setting. - proven financial, credit and analytical skills as well as proven experience resolving problem loans through work-with and work-out plans. - knowledge of commercial and commercial real estate loans. - the ability to seek and gather information from multiple sources and manage multiple tasks. - the ability to read and comprehend government regulations, trade publications, system documentation manuals, credit reports, loan applications, tax bills, financial statements, tax returns, compliance manuals, and bank policies and procedures. - the ability to mathematically calculate basic addition, subtraction, multiplication and division calculations, as well as understand ratios, formulas and percentages. - the ability to function as a team member and contribute to group goals.