Senior Loan Workout & Special Assets Leader

Metropolitan Commercial Bank

New York (NY)

Hybrid

USD 210,000 - 250,000

Full time

14 days+

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Job summary

Metropolitan Commercial Bank in New York is seeking an experienced SVP Loan Workout Officer to lead distressed loan portfolios, develop recovery strategies, and negotiate restructurings. Reporting to the CEO, you will work in a hybrid schedule (4 days in-office, 1 day remote) and collaborate with legal, risk, and external advisors to safeguard assets and minimize losses.

The role requires strong credit analysis, regulatory knowledge, and the ability to drive complex financial recoveries in a

Qualifications

Bachelor’s degree in Finance, Business Administration, or related field.
Experience in loan management or financial rehabilitation.
Strong negotiation and problem-solving skills.
Knowledge of regulatory requirements related to loan recovery.
Excellent communication and interpersonal skills.
Proficiency in financial analysis and reporting tools.
Advanced understanding of loan documentation and credit analysis.
Ability to analyze financial statements and borrower profiles.
Proficiency in spreadsheet and financial software applications.
Excellent organizational skills and attention to detail.
Ability to work independently and make informed decisions.
Interest in leveraging AI and technology to enhance work.

Responsibilities

Review and analyze troubled loan portfolios to identify recovery strategies.
Negotiate loan terms with borrowers to facilitate restructuring.
Prepare and present reports on loan statuses and recovery actions to senior management.
Collaborate with legal teams to ensure regulatory compliance during loan workouts.
Develop and implement recovery plans aligned with the organization’s financial objectives.
Monitor and track the progress of restructured loans to ensure adherence to new terms.
Engage external consultants and advisors to enhance recovery strategies.
Conduct site visits and meetings with borrowers to assess their financial situations.
Evaluate collateral and advise on asset liquidation when necessary.
Participate in training sessions to stay updated on financial regulations and industry best practices.