SAG Workout Officer III
$96,500–$207,500 year
Remote · United States or Cincinnati, Ohio, United States
Job Summary
Professional in banking risk/credit workout responsibilities including collecting past-due accounts, executing exit strategies on large and complex administrative loans, negotiating best course of action, and collaborating with Portfolio Managers to monitor financial covenants and prepare approvals. Ambitious focus on risk management, reporting, and driving favorable outcomes for the bank while maintaining compliance and customer service. Travel is required; location options include a virtual/remote setup in the US and an in-person office in Cincinnati, OH.
Required Qualifications
- Bachelor's Degree in accounting, finance or economics preferred or equivalent work experience required
- Typically requires 8 - 10 years workout or related banking experience
- Deep understanding of credit policies, procedures and decisioning tools
- Knowledge of bankruptcy law and related legal proceedings
- Strong oral, written communication, and negotiation skills
- Ability to access, analyze and recommend the best course of action in difficult credit situations
- Analytical and problem solving skills
- PC proficiency with Windows based word processing and spreadsheet applications
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