Special Assets Manager

JCW Group; San Antonio (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

JCW Group in Texas seeks a Special Assets Manager to oversee a portfolio of criticized and classified commercial loans, including CRE and owner-occupied loans.

You will analyze borrower performance, collateral values, and guarantor strength to craft workout strategies, restructures, forbearances, and exit plans.

Coordinate with legal counsel, appraisers, and auditors, monitor delinquencies, and ensure compliance with regulatory guidance and credit policy.

Qualifications

• 10–15 years banking experience with 3–5 years in special assets.
• Experience managing criticized and classified commercial loan portfolios.
• Strong background in commercial real estate and commercial credit analysis.
• Experience with loan restructuring, bankruptcy, foreclosure, and collateral liquidation preferred
• Extensive knowledge of commercial credit underwriting and portfolio risk management.
• Knowledge of regulatory guidance related to criticized and classified assets.
• Familiarity with bankruptcy law, foreclosure processes, receiverships, and commercial collections.

Responsibilities

• Manage a portfolio of criticized and classified commercial loan relationships, including commercial real estate and owner-occupied loans.
• Analyze borrower financial performance, collateral values, guarantor strength, and repayment capacity to determine appropriate workout strategies.
• Develop and implement loan workout plans, restructures, forbearance agreements, and exit strategies.
• Negotiate directly with borrowers, guarantors, attorneys, and other stakeholders to achieve favorable resolutions.
• Monitor delinquent and non-performing loans and proactively identify emerging risks.
• Coordinate foreclosure actions, receiverships, bankruptcy proceedings, deeds in lieu of foreclosure, and collateral liquidation when necessary.
• Oversee relationships with outside counsel, appraisers, environmental consultants, auction companies, and other third-party vendors.
• Review and approve borrower financial statements, collateral reports, budgets, business plans, and cash flow projections.
• Prepare comprehensive credit memorandums documenting workout strategies, risk assessments, and recommended actions for approval.
• Ensure accurate loan grading, impairment analysis, and reserve recommendations in accordance with applicable accounting standards and regulatory expectations.
• Participate in loan review examinations and respond to internal and external auditors and regulatory agencies.

Skills

Analytical skills

Negotiation skills

Job description

Our client, a credit union with a large commercial real estate presence in Texas, is looking for a Special Assets Manager.

Key Responsibilities

• Manage a portfolio of criticized and classified commercial loan relationships, including commercial real estate and owner-occupied loans
• Analyze borrower financial performance, collateral values, guarantor strength, and repayment capacity to determine appropriate workout strategies
• Develop and implement loan workout plans, restructures, modifications, forbearance agreements, and exit strategies
• Negotiate directly with borrowers, guarantors, attorneys, and other stakeholders to achieve favorable resolutions
• Monitor delinquent and non-performing loans and proactively identify emerging risks
• Recommend appropriate risk rating changes in accordance with regulatory guidance and internal credit policy
• Coordinate foreclosure actions, receiverships, bankruptcy proceedings, deeds in lieu of foreclosure, and collateral liquidation when necessary
• Oversee relationships with outside legal counsel, appraisers, environmental consultants, auction companies, and other third-party vendors
• Review and approve borrower financial statements, collateral reports, budgets, business plans, and cash flow projections
• Prepare comprehensive credit memorandums documenting workout strategies, risk assessments, and recommended actions for approval
• Ensure accurate loan grading, impairment analysis, and reserve recommendations in accordance with applicable accounting standards and regulatory expectations
• Participate in loan review examinations and respond to internal and external auditors and regulatory agencies

Qualifications

• 10-15 of banking experience with 3-5 years being in special assets
• Experience managing criticized and classified commercial loan portfolios
• Strong background in commercial real estate and commercial credit analysis
• Experience with loan restructuring, bankruptcy, foreclosure, and collateral liquidation preferred
• Extensive knowledge of commercial credit underwriting and portfolio risk management
• Knowledge of regulatory guidance related to criticized and classified assets
• Familiarity with bankruptcy law, foreclosure processes, receiverships, and commercial collections
• Ability to negotiate complex financial transactions and workout agreements
• Strong analytical, organizational, and decision-making skills