Senior Director, Special Assets & Loan Workouts

DKMRBH Inc

McLean (VA)

On-site

USD 140,000 - 210,000

Full time

14 days+

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Job summary

DKMRBH Inc. seeks a Director, Special Assets / Commercial Workout to lead management and resolution of a portfolio of distressed, criticized, and classified commercial loans within Middle Market Banking.

The role develops and executes loan workout, restructuring, credit risk, and loss mitigation strategies for complex relationships, with deep experience in commercial lending, credit, underwriting, and distressed credit. Strong leadership and negotiation skills required.

Qualifications

Bachelor's degree or military experience.
7+ years of relevant experience in commercial lending, commercial credit, asset management, Special Assets, loan workout, or related credit functions.
5+ years of experience in commercial loan underwriting OR loan restructuring/workout.
Demonstrated experience independently managing complex commercial credit relationships or distressed loan portfolios.
Strong financial analysis and credit judgment.
Strong written and verbal communication skills.

Responsibilities

Independently manage a portfolio of distressed, criticized, classified, and higher-risk commercial loans.
Develop and execute comprehensive loan workout and restructuring strategies focused on loss mitigation and maximizing recovery.
Evaluate alternatives including restructuring, amendments, covenant modifications, retention, divestiture, liquidation, and other resolution strategies.
Perform detailed commercial credit analysis, financial analysis, cash-flow analysis, collateral analysis, valuation, and recovery analysis.
Build and use financial models, forecasts, sensitivity analyses, and downside scenarios to evaluate potential outcomes and loss exposure.
Review borrower financial information, collateral, credit documentation, loan agreements, covenants, and other relevant information.
Identify deficiencies in credit approval memos (CAMs), covenant packages, loan documentation, and credit structures, and recommend appropriate solutions.
Negotiate loan restructurings, amendments, covenants, and workout solutions with borrowers and external/internal stakeholders.
Work closely with legal counsel, attorneys, appraisers, brokers, relationship managers, credit teams, and senior risk/business leaders.
Evaluate default, bankruptcy, receivership, and other distressed-credit scenarios and determine appropriate rights, remedies, and resolution strategies.
Establish and maintain appropriate credit risk ratings based on financial, operational, collateral, and other risk factors.
Lead Watch and Criticized (WAC) / watch-list processes and restructuring action plans for assigned relationships.
Lead the loan impairment process, including review of analysis, conclusions, and internal communications.
Clearly communicate credit positions, workout recommendations, risk assessments, and expected outcomes to senior leadership.
Act as a senior subject matter expert and provide guidance to junior team members and deal teams.
Identify process improvements and share workout, restructuring, credit, and risk-management best practices across the organization.