Senior Special Assets & Loan Workout Officer

The Symicor Group; Schaumburg (IL); On-site; USD 139,500 - 170,500; Full time

Benefits offered by this job

Full benefits package

Job summary

A boutique talent acquisition firm is seeking a Special Assets Officer in Schaumburg, IL. The role involves overseeing high-risk commercial loans, developing recovery strategies, and preparing asset quality reviews. Candidates should have over 7 years of experience in commercial banking or credit analysis. This position offers a salary of up to $155K with a full benefits package. Interested applicants are encouraged to email their resume for consideration.

Qualifications

• 7+ years in commercial banking, credit analysis, or special assets/loan workout.
• Deep experience with financial analysis.
• Working knowledge of commercial lending, e.g. commercial real estate, construction and C&I products.

Responsibilities

• Develop and implement a workout plan to rehabilitate loans.
• Prepare Credit Reviews to assess asset quality.
• Work with legal counsel on bankruptcies and foreclosure actions.
• Draft memos for substantial changes in a borrower’s financial stability.

Skills

Commercial banking experience

Credit analysis

Financial analysis

Loan workout experience

Commercial lending knowledge

Education

College degree

Job description

A boutique talent acquisition firm is seeking a Special Assets Officer in Schaumburg, IL. The role involves overseeing high-risk commercial loans, developing recovery strategies, and preparing asset quality reviews. Candidates should have over 7 years of experience in commercial banking or credit analysis. This position offers a salary of up to $155K with a full benefits package. Interested applicants are encouraged to email their resume for consideration.