Senior Credit Workout Strategist IV

Northwest Bank; Buffalo (NY); On-site; USD 115,000 - 135,000; Full time

Job summary

Northwest Bank in New York seeks a Senior Credit Workout Officer IV to meet with borrowers, evaluate management teams and business plans, and decide whether to retain or exit credit while negotiating workout plans.

You will analyze loan documents, monitor collections, coordinate foreclosures, prepare workout/exit documentation, and collaborate with loan officers to optimize loss mitigation and portfolio performance. Requires 8–12 years in commercial lending and a Bachelor’s in business/finance.

Qualifications

• Bachelor's degree in business, accounting, or finance.
• 8–12 years of experience in commercial lending, including special assets, loan review, credit, or lending.
• Ability to establish relationships, communicate clearly, listen actively, plan and analyze data, and exercise judgment in gray areas.

Responsibilities

• Meet with borrowers to evaluate management teams and business plans and decide whether to retain or exit credit.
• Negotiate workout or exit plans with professionals and establish terms.
• Review loan documentation, ensure collateral perfection, and monitor collections and foreclosures.
• Prepare workout/exit documentation and reports; coordinate with loan officers and staff.

Skills

Teamwork

Communication

Active listening

Planning

Judgment

Education

Bachelor's degree in business / accounting or finance

Job description

Northwest Bank in New York seeks a Senior Credit Workout Officer IV to meet with borrowers, evaluate management teams and business plans, and decide whether to retain or exit credit while negotiating workout plans.

You will analyze loan documents, monitor collections, coordinate foreclosures, prepare workout/exit documentation, and collaborate with loan officers to optimize loss mitigation and portfolio performance. Requires 8–12 years in commercial lending and a Bachelor’s in business/finance.