Senior CRE Loan Workout Lead

U.S. Bank; Chicago (IL); Hybrid; USD 169,000 - 207,000; Full time

Job summary

U.S. Bank is seeking a Special Loans Workout Manager to lead the development and execution of resolution strategies for large, complex Commercial Real Estate problem loans, including restructurings, forbearances, note sales, bankruptcies, foreclosures, and asset dispositions.

This role negotiates with borrowers, monitors repayment terms, manages bilateral and syndicated credits, coordinates with lenders and stakeholders, and presents risk assessments to Senior Management.

Qualifications

• Bachelor's degree in Business or related field (Master preferred).
• Experience in commercial lending and loan services, especially CRE and syndicated credits.
• Advanced knowledge of loan collections, workout, and credit analysis.
• Strong negotiation and communication skills.
• Knowledge of insolvency, bankruptcy, and creditor remedies.

Responsibilities

• Lead development and execution of resolution strategies for large, complex CRE loans.
• Negotiate repayment agreements and monitor compliance with terms.
• Manage bilateral and syndicated credits; coordinate workout strategies with lenders and stakeholders.
• Evaluate borrower, collateral, and market conditions to identify recoveries and losses.
• Present complex credits and risk assessments to Senior Management.

Skills

Commercial real estate loan expertise

C&I loan expertise (preferred)

Syndicated loan experience

Negotiation

Credit analysis

Problem solving

Communication (verbal & written)

Interpersonal skills

Leadership

Regulatory knowledge

Education

Bachelor's degree in Business or related field

Master's degree preferred

Job description

U.S. Bank is seeking a Special Loans Workout Manager to lead the development and execution of resolution strategies for large, complex Commercial Real Estate problem loans, including restructurings, forbearances, note sales, bankruptcies, foreclosures, and asset dispositions.

This role negotiates with borrowers, monitors repayment terms, manages bilateral and syndicated credits, coordinates with lenders and stakeholders, and presents risk assessments to Senior Management.