Senior Loan Workout & Recoveries Manager

KeyBank; Brooklyn (OH); Hybrid; USD 80,000 - 150,000; Full time

Job summary

KeyBank seeks a senior loan workout professional to manage a diverse portfolio of exit and non-performing loans, including SBA and government-guaranteed loans. You will develop and implement workout, restructuring, and liquidation strategies while coordinating with customers, bankers, appraisers, and regulators.

Responsibilities include risk assessment, negotiation, and ensuring compliance, with occasional travel to meet clients and inspect collateral.

Qualifications

• Four to five years of related experience in loan workouts or credit risk.
• Experience with SBA or government-guaranteed loan portfolios is preferred.
• Strong written and oral communication skills required.
• Knowledge of creditors rights, bankruptcy, and collection practices.

Responsibilities

• Manage a loan portfolio including SBA and government-guaranteed loans.
• Develop and implement workout, restructuring and liquidation strategies.
• Negotiate with customers, line of business personnel and other professionals.
• Coordinate with regulators, appraisers, environmental consultants, and real estate brokers.
• Travel periodically to meet with clients or inspect collateral.

Skills

Financial statement analysis

Negotiation

Communication

Credit risk assessment

Regulatory compliance

Education

Undergraduate degree in accounting/finance

High School Diploma

Tools

Microsoft Office

Excel

Job description

KeyBank seeks a senior loan workout professional to manage a diverse portfolio of exit and non-performing loans, including SBA and government-guaranteed loans. You will develop and implement workout, restructuring, and liquidation strategies while coordinating with customers, bankers, appraisers, and regulators.

Responsibilities include risk assessment, negotiation, and ensuring compliance, with occasional travel to meet clients and inspect collateral.