Recovery-focused Small Business Loan Workout Specialist

Digital Federal Credit Union; Hillsboro (OR); Hybrid; USD 59,000 - 71,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) match

Paid Time Off and holidays

Employee loan pricing

Job summary

First Tech is seeking a Small Business Loan Workout Specialist in Hillsboro, OR to manage a portfolio of delinquent and special asset SBA loans. You will analyze financials, negotiate modifications, coordinate collateral actions, and support recovery efforts while ensuring regulatory compliance.

You'll collaborate with internal teams and external counsel, document actions, and maintain audit-ready files. Hybrid schedule with regular hours, and benefits including health, 401(k), and paid time off

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field, or equivalent experience.
• 2+ years in consumer, small business, commercial lending, credit analysis, collections, workouts, or special assets management.
• Knowledge of loan structures, credit risk analysis, financial statement interpretation, and borrower cash flow analysis.
• Strong negotiation, problem-solving, and decision-making skills to develop workout solutions.
• Familiarity with regulatory requirements, loan recovery processes, SBA program requirements.
• Excellent written and verbal communication for collaboration with attorneys, vendors, and stakeholders.
• Proficiency with spreadsheets, financial analysis tools, and loan servicing systems.
• Strong organizational skills to manage priorities and maintain documentation.

Responsibilities

• Manage a portfolio of delinquent, criticized, classified, non-performing, and SBA-guaranteed small business loans while monitoring risk ratings.
• Analyze borrower financial statements, tax returns, cash flow, collateral values, and repayment capacity.
• Negotiate and document loan modifications, restructures, extensions, and forbearance to maximize recovery.
• Coordinate collateral actions, asset recovery efforts, and vendor relationships.
• Partner with legal counsel, trustees, and collection agencies on bankruptcies and enforcement actions.
• Prepare credit memoranda, action plans, impairment analyses, and recovery recommendations.
• Maintain audit-ready loan files and ensure compliance with lending regulations and SBA requirements.
• Support audits, examinations, and special projects with timely documentation and analysis.

Skills

Finance degree

Credit analysis

Lending experience

Negotiation

Regulatory knowledge

Communication

Financial modeling

Organization

Education

Bachelor's degree in Finance, Accounting, Business Administration

Tools

Loan servicing systems

Spreadsheets

Financial analysis tools

Job description

First Tech is seeking a Small Business Loan Workout Specialist in Hillsboro, OR to manage a portfolio of delinquent and special asset SBA loans. You will analyze financials, negotiate modifications, coordinate collateral actions, and support recovery efforts while ensuring regulatory compliance.

You'll collaborate with internal teams and external counsel, document actions, and maintain audit-ready files. Hybrid schedule with regular hours, and benefits including health, 401(k), and paid time off