Senior Credit Workout Strategist

Northwest; Columbus (OH); On-site; USD 80,000 - 105,000; Full time

Job summary

Northwest is seeking a Credit Workout Officer III in the Columbus, OH area, with responsibilities that include evaluating financial statements, preparing loan recaps, and determining appropriate workout strategies for distressed assets. You will engage with borrowers, assess business plans, and coordinate with loan officers.

The role requires 5–6 years in commercial lending, strong analytical skills, and a Bachelor's degree.

Qualifications

• Bachelor's degree in a related subject.
• 5–6 years of experience in commercial lending, including special assets and credit administration.
• Ability to analyze financial data and make sound credit decisions.

Responsibilities

• Prepare loan recaps and analyze financial statements for new loans, restructures, and renewals.
• Conduct annual reviews and assign risk ratings.
• Coordinate workout plans and handling foreclosures or recoveries as needed.

Skills

Financial analysis

Credit underwriting

Commercial lending

Relationship building

Education

Bachelor's degree

Tools

Microsoft Office

Spreadsheet analysis

Job description

Northwest is seeking a Credit Workout Officer III in the Columbus, OH area, with responsibilities that include evaluating financial statements, preparing loan recaps, and determining appropriate workout strategies for distressed assets. You will engage with borrowers, assess business plans, and coordinate with loan officers.

The role requires 5–6 years in commercial lending, strong analytical skills, and a Bachelor's degree.