Commercial Loan Workout Officer
Core
Manage a portfolio of substandard, special mention, watch, and pass rated commercial loan accounts and ORE, focusing on distressed loans up to $1M and performing loans up to $1.5M.
Role type
Commercial Loan Workout Officer
Builds
Loan renewal and modification agreements, forbearance agreements, and legal strategies for distressed commercial relationships
Domain
Banking / Commercial Lending / Credit Risk Management
Deliverable
client delivery
Required skills
Collateral analysis, commercial loan documentation, loan portfolio management, credit risk assessment, negotiation, legal strategy development
Preferred skills
Financial analysis, audit, compliance, SBA lending experience
Technologies
N/A
Responsibilities
Manage assigned portfolio of distressed and performing commercial loans; Develop and negotiate loan renewal, modification, and forbearance agreements; Collaborate with bank counsel on legal strategy; Conduct credit risk reviews and due diligence; Work with borrowers, lenders, operations, and real estate brokers
Seniority
Mid-level IC