Senior Special Assets Exec - Remote Loan Workouts

Pathward; United States; Hybrid; USD 104,000 - 174,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Life insurance

Disability benefits

Paid time off

Job summary

Pathward is seeking a Senior Asset Manager to oversee a portfolio of Classified loans within the Special Assets Group. You will work with SAG Leader and senior teams to drive exit and recovery strategies while ensuring risk, profitability, and regulatory compliance.

You will monitor loan performance, coordinate restructurings, workouts, and collateral reviews, and ensure accurate reporting of asset quality. This role requires deep banking experience and strong collaboration across units.

Qualifications

• Bachelor's degree or equivalent education and work experience.
• 5+ years of experience in commercial banking, credit risk, with emphasis in special assets management.
• Collection, loan restructuring, and workout experience required.
• Thorough knowledge of banking regulations and compliance.
• Project Management Workout Experience
• Alternative Energy Workout Experience, including Solar, Battery, and RNG
• SBA and USDA Workout Experience

Responsibilities

• Works closely with SAG Leader and others to manage portfolio, including manage direct portfolio of Classified loans.
• Takes timely action so client losses are minimized and do not exceed budgeted standards.
• Assists with the restructuring and liquidation of distressed loans.
• Ensures timely and accurate reporting of asset quality, impairment, and charge-offs.
• Maintains strong relationships with business units to ensure smooth asset transitions
• Monitors collateral values and ensure compliance with loan covenants and regulatory requirements.
• Assists with implementation of workout action plans, including restructurings, forbearance agreements, legal actions, evaluating bank collateral and documentation, and recommending alternative solutions as well as judgment/foreclosure litigation, asset liquidation and bankruptcy.
• Ensures all advances and loans comply with loan policy and approved structure with required legal documentation.
• Manages portfolio through complete and current knowledge of client’s financial condition, management’s performance and industry trends, and take timely action so client losses are minimized and do not exceed budgeted standards.
• Other duties as assigned

Skills

Credit risk

Portfolio management

Loan workout

Regulatory compliance

Education

Bachelor's degree or equivalent

Job description

Pathward is seeking a Senior Asset Manager to oversee a portfolio of Classified loans within the Special Assets Group. You will work with SAG Leader and senior teams to drive exit and recovery strategies while ensuring risk, profitability, and regulatory compliance.

You will monitor loan performance, coordinate restructurings, workouts, and collateral reviews, and ensure accurate reporting of asset quality. This role requires deep banking experience and strong collaboration across units.