Senior Commercial Loan Workout & Recovery Lead

First Tech Federal Credit Union; Marlborough (MA); Ibrido; USD 93.000 - 112.000; Tempo pieno

Vantaggi offerti da questo lavoro

Medical, dental, vision coverage

401(k) match

Paid time off

Paid federal holidays

Employee pricing on lending products

Descrizione del lavoro

First Tech Federal Credit Union is seeking a Senior Commercial Loan Workout Specialist to oversee a portfolio of criticized and non-performing commercial loans. You will lead workouts, negotiate settlements, and coordinate with borrowers, counsel, and leadership to maximize recoveries while minimizing losses.

Expect to provide strategic risk guidance, monitor collateral and covenant compliance, and drive complex recovery actions under delegated authority.

Competenze

• Bachelor's degree requirement with experience in commercial lending or special assets.

Mansioni

• Manage complex portfolio of criticized and non-performing commercial loans; lead relationship management through workout and recovery.

Conoscenze

Commercial lending

Credit risk management

Negotiation

Financial analysis

Leadership

Regulatory knowledge

Formazione

Bachelor's degree in Finance/Business

Strumenti

Microsoft Excel

Microsoft Word

Descrizione del lavoro

First Tech Federal Credit Union is seeking a Senior Commercial Loan Workout Specialist to oversee a portfolio of criticized and non-performing commercial loans. You will lead workouts, negotiate settlements, and coordinate with borrowers, counsel, and leadership to maximize recoveries while minimizing losses.

Expect to provide strategic risk guidance, monitor collateral and covenant compliance, and drive complex recovery actions under delegated authority.