Senior Special Assets Officer
$120,000–$150,000 year
On-siteRoseville, California, United States
Job Summary
Manage complex relationships and resolution strategies for the Bank's problem loan portfolio, including collection, restructuring, liquidation, and litigation support activities. Evaluate credit risk, develop workout strategies, and ensure regulatory compliance while maximizing recovery outcomes. Collaborate with internal stakeholders, external advisors, and borrowers to mitigate losses and resolve complex credit issues. Analyze high-risk commercial loan portfolios to determine optimal strategies, negotiate restructuring plans, and direct liquidation activities such as foreclosure and asset disposition. Monitor borrower performance and report credit risk indicators including risk ratings and troubled debt restructures. Coordinate with legal counsel and consultants to execute workout and litigation strategies while maintaining strict adherence to federal, state, and banking regulations.
Required Qualifications
- High School Diploma or GED
- Bachelor's Degree
- Field of Study: Finance, Business Administration, Accounting, or related discipline
- 5 - 8 years: Extensive experience in special assets, commercial lending, or loan workout functions
- Advanced ability to analyze complex commercial credits, including financial statements, cash flow, and collateral valuation
- Proven ability to structure and negotiate loan workouts, restructures, and liquidation strategies with borrowers
- Knowledge of secured and unsecured lending practices, loan documentation, regulatory requirements, and basic understanding of current bankruptcy laws pertaining to Chapters 13, 12, 11, and 7
- Experience working with legal processes such as bankruptcy, litigation, and foreclosure proceedings
- Ability to communicate effectively with internal stakeholders, customers, regulators, and external advisors
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