Senior Loan Workout & Special Assets Officer

Tri Counties Bank; Roseville (CA); On-site; USD 120,000 - 150,000; Full time

Job summary

Tri Counties Bank is seeking an experienced professional to manage complex relationships within the bank’s problem loan portfolio. You will oversee collections, restructurings, liquidation, and litigation support, ensuring regulatory compliance while maximizing recoveries.

Responsibilities include analyzing high‑risk commercial credits, negotiating workout strategies, and coordinating with legal and internal teams to mitigate losses.

Qualifications

• 5–8 years: extensive experience in special assets, commercial lending, or loan workout functions.
• Advanced ability to analyze complex commercial credits, including financial statements, cash flow, and collateral valuation.
• Proven ability to structure and negotiate loan workouts, restructures, and liquidation strategies with borrowers.
• Knowledge of secured and unsecured lending practices, loan documentation, regulatory requirements, and basic understanding of current bankruptcy laws pertaining to Chapters 13, 12, 11, and 7.
• Experience working with legal processes such as bankruptcy, litigation, and foreclosure proceedings.
• Ability to communicate effectively with internal stakeholders, customers, regulators, and external advisors.

Responsibilities

• Analyze high‑risk commercial loan portfolios to determine optimal workout strategies.
• Develop and negotiate restructuring and collection strategies to maximize recovery.
• Assess borrower financial condition, loan docs, and collateral to determine repayment capacity.
• Monitor borrower performance and workout plans to ensure timely repayment.
• Direct liquidation activities including foreclosure and disposition of collateral assets.
• Coordinate with internal/external parties to execute workout and litigation strategies.
• Identify and report credit risk indicators and TDRs.
• Ensure regulatory compliance across restructuring, collection, and bankruptcy activities.

Skills

Special assets

Credit analysis

Loan workouts

Lending regulations

Bankruptcy knowledge

Stakeholder communication

Education

High School Diploma or GED

Bachelor's Degree in Finance or related

Job description

Tri Counties Bank is seeking an experienced professional to manage complex relationships within the bank’s problem loan portfolio. You will oversee collections, restructurings, liquidation, and litigation support, ensuring regulatory compliance while maximizing recoveries.

Responsibilities include analyzing high‑risk commercial credits, negotiating workout strategies, and coordinating with legal and internal teams to mitigate losses.