Director, Distressed Asset Workouts

Capital One; McLean (VA); On-site; USD 230,000 - 263,000; Full time

Job summary

Capital One is seeking a Director-level workout officer to lead and manage a portfolio of distressed commercial loans across multiple industries, including leveraged loans and PE-backed borrowers. You will independently drive risk management, loss mitigation, and strategy execution while presenting updates to senior leadership.

The role requires autonomous communication with clients and internal stakeholders, negotiation of restructurings, and leadership of deal teams to maximize recoveries and

Qualifications

• Bachelor’s degree or military experience.
• At least 7 years of relevant commercial loan experience, credit, asset management or workout.
• At least 5 years of loan underwriting experience or 5 years of experience in loan restructuring.

Responsibilities

• Perform duties of a loan officer and be responsible for the restructuring/loss mitigation of criticized and classified loans.
• Apply credit officer, asset management and risk management disciplines.
• Lead legal documentation, loan covenants, rights and remedies in the event of default, receivership and bankruptcy scenarios, and restructuring strategies for Commercial loans.
• Influence senior business and risk management leaders within the Commercial Bank when creating, revising or implementing Special Assets workout strategies.

Skills

Credit analysis

Strategy development

Negotiation

Project leadership

Education

Bachelor's degree

Master's degree

Juris Doctorate

Job description

Capital One is seeking a Director-level workout officer to lead and manage a portfolio of distressed commercial loans across multiple industries, including leveraged loans and PE-backed borrowers. You will independently drive risk management, loss mitigation, and strategy execution while presenting updates to senior leadership.

The role requires autonomous communication with clients and internal stakeholders, negotiation of restructurings, and leadership of deal teams to maximize recoveries and