Job Description
Job Description
Immediate need for a Special Assets Officer for a well-established, regional financial institution.
RESPONSIBILITIES:
- Responsible for managing a portfolio of problem consumer, commercial, and real estate loans.
- Works in a team environment developing and recommending strategies to maximize recovery and reduce losses from own portfolio of commercial credits.
- Works closely with borrowers, executives, attorneys and mid-size company groups to review and restructure credit and repayment terms to better secure collateral, attain an equity position or charge-off the loan as appropriate.
- Manages the largest and most complex consumer, commercial, and real estate loan portfolio, (including fulfilling a lead agent role in syndicated credits.)
- Utilizes a high degree of independence in managing a large portfolio of a diverse and complex nature.
- Directs and administers multifaceted action plans strategies with considerable autonomy and judgment.
REQUIREMENTS:
- Bachelor's Degree
- Minimum of 5 years of experience in special assets in C&I, Real Estate, and/or fulfilling a lead agency role of a syndicated credit (s).
- Thorough working knowledge of analysis of corporate financial statements and commercial/corporate structure required.
- Demonstrated ability to analyze credit and to develop and negotiate repayment terms with mid-size companies and high net worth individuals.
- Strong working knowledge of loan restructuring and re-negotiation of interest rates, terms, collateral requirements, documentation and loan agreements.
- Excellent verbal and written communication skills to interact effectively with all levels of Bank personnel and customers.
For further consideration towards this and/or other opportunities please inquire confidentially to mike@scsacramento.com or call 916-850-2437. All inquiries held in strict confidence. Thank you for your interest.