Senior Special Credits Officer — Troubled Loans Recovery

WaFd Bank; Seattle (WA); Hybrid; USD 115,750 - 173,650; Full time

Benefits offered by this job

Paid time off

Health insurance

Stock options

401(k) plan

Tuition Reimbursement

Job summary

A leading commercial bank in Seattle is hiring a Special Credits Officer to manage troubled commercial banking relationships and loans. This hybrid position requires a minimum of five years in commercial banking, strong analytical and organizational skills, and knowledge of bankruptcy laws. Responsibilities include negotiating action plans and mitigating losses through proactive risk management. Competitive benefits such as health insurance, stock options, and paid time off are offered.

Qualifications

• Minimum of five years’ experience in commercial banking and problem loan administration.
• Strong experience with loan documentation and appraisal criteria.
• Excellent analytical and organizational skills.

Responsibilities

• Manage troubled commercial banking relationships and loans.
• Analyze and negotiate forbearance terms.
• Mitigate losses through active engagement.

Skills

Loan documentation

Financial analysis

Organization skills

Bankruptcy and foreclosure laws

Communication skills

Education

Bachelor's degree in finance or related field

Tools

Microsoft Office

Job description

A leading commercial bank in Seattle is hiring a Special Credits Officer to manage troubled commercial banking relationships and loans. This hybrid position requires a minimum of five years in commercial banking, strong analytical and organizational skills, and knowledge of bankruptcy laws. Responsibilities include negotiating action plans and mitigating losses through proactive risk management. Competitive benefits such as health insurance, stock options, and paid time off are offered.