Senior Special Assets & Workout Leader

JCW Group; Pittsburgh (Allegheny County); On-site; USD 120,000 - 180,000; Full time

Job summary

A regional bank in Pittsburgh is looking for a Senior Special Assets Officer to lead its collections and workout function. The successful candidate will manage a portfolio of non-performing commercial loans and develop recovery strategies. Strong experience in commercial loan workouts and credit risk is required, alongside the ability to communicate effectively with senior management. This position offers an integral role in overseeing the bank's special assets and collections operations.

Qualifications

• Extensive experience in managing commercial loan workouts and special assets.
• Deep understanding of credit risk and related processes.
• Proven capacity to interact with senior management and external parties.

Responsibilities

• Lead and supervise the bank’s special assets and collections activities.
• Manage non-performing and criticized commercial loan portfolios.
• Develop recovery strategies for problem assets.
• Maintain relationships with legal counsel and other third parties.
• Provide reports and recommendations to management.

Skills

Commercial loan workouts

Special assets management

Credit risk understanding

Strong communication with stakeholders

Job description

A regional bank in Pittsburgh is looking for a Senior Special Assets Officer to lead its collections and workout function. The successful candidate will manage a portfolio of non-performing commercial loans and develop recovery strategies. Strong experience in commercial loan workouts and credit risk is required, alongside the ability to communicate effectively with senior management. This position offers an integral role in overseeing the bank's special assets and collections operations.