Special Assets Officer

Key Responsibilities: Manage criticized, classified, non-performing, and distressed commercial loans. Identify credit risks, assess collateral, and develop effective workout and recovery strategies. Lead loan restructurings, modifications, settlements, foreclosures, bankruptcies, and other resolution activities. Conduct financial, cash-flow, guarantor, and collateral analysis. Prepare credit reports, risk ratings, and recommendations for senior management and credit committees. Coordinate with borrowers, attorneys, appraisers, lenders, regulators, and other external professionals. Support regulatory examinations, audits, Board reporting, and compliance requirements. Provide guidance to lending teams on problem loans and credit risk management.

Qualifications: Bachelor's degree in Finance, Accounting, Business, or a related field; equivalent experience may be considered.7+ years of commercial banking experience.3–5 years of experience in Special Assets, loan workouts, collections, or problem loan management. Proven experience managing complex CRE and commercial credits. Strong knowledge of credit analysis, risk ratings, loan restructuring, bankruptcy, foreclosure, and collateral recovery. Excellent financial analysis, communication, negotiation, and problem-solving skills. Proficiency in Microsoft Office and commercial banking systems.

Preferred: CPLM or CCO certification, or formal training in credit analysis, bankruptcy, loan workouts, or restructuring.