Senior Special Assets & Workout Manager

Tri Counties Bank; Roseville (CA); On-site; USD 93,000 - 115,000; Full time

Job summary

Tri Counties Bank seeks a Special Assets Officer to manage relationships and strategies for the bank's problem loan portfolio, including collection, restructuring, and liquidation activities in a compliant manner.

You will analyze risk, develop workout plans, and coordinate with internal teams and external advisors to maximize recovery while maintaining regulatory and policy standards.

Qualifications

• 3 - 5 years: Basic to Intermediate experience in special assets, commercial lending, or related credit function
• Ability to analyze personal and business financial statements and interpret credit risk indicators.
• Knowledge of secured and unsecured lending practices, loan documentation, regulatory requirements, and basic understanding of current bankruptcy laws pertaining to chapter 13, 12, 11, & 7.

Responsibilities

• Analyzes higher-risk loan portfolios to identify financial, collateral, structural, and legal risks and recommend appropriate workout strategies.
• Develops and negotiates restructuring and collection strategies with borrowers to maximize recovery outcomes.
• Analyzes borrower financial statements, collateral, and loan documentation to determine repayment ability and identify deficiencies.
• Monitor borrower performance and workout plans to ensure timely repayment and proactively address issues.
• Coordinates with internal departments, legal counsel, and external advisors to support workout, litigation, and restructuring activities.
• Directs liquidation activities, including foreclosure processes and disposition of collateral assets when necessary.
• Identify and report credit risk changes including risk ratings, nonaccrual status, and troubled debt restructures (TDRs).
• Responsible for ensuring compliance with bank policies, regulatory requirements, and applicable federal and state laws.

Skills

Special assets

Commercial lending

Credit risk indicators

Lending regulations

Real estate appraisals

Communication skills

Portfolio management

Education

High School Diploma or GED

Bachelor's degree in Finance/Business/Accounting

Job description

Tri Counties Bank seeks a Special Assets Officer to manage relationships and strategies for the bank's problem loan portfolio, including collection, restructuring, and liquidation activities in a compliant manner.

You will analyze risk, develop workout plans, and coordinate with internal teams and external advisors to maximize recovery while maintaining regulatory and policy standards.