Special Assets Manager - Workout & Recovery (Remote)

Switchboard Hiring; Fort Collins (CO); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Remote work – infrequent travel

Job summary

Switchboard Hiring's client, a well-established community bank, seeks a diligent Special Assets Manager to oversee the loan portfolio, focusing on review, analysis, and resolution of criticized and non-performing loans.

You will collaborate with credit, legal, and executive teams to mitigate risk, manage OREO assets, and drive asset recovery while ensuring portfolio quality and regulatory compliance.

Qualifications

• 3+ years of experience in Special Assets and credit analysis.
• Knowledge of commercial and consumer lending, bankruptcy, foreclosure, and collections.
• Proven track record in resolving complex credit relationships.
• Excellent negotiation and relationship management skills.
• Strong analytical skills and attention to detail.

Responsibilities

• Manage a portfolio of adversely classified, non-performing loans for both commercial and consumer lines.
• Develop, implement, and monitor asset workout strategies, restructures, liquidations, and collection plans.
• Perform comprehensive credit analysis and loan reviews to assess borrower risk and recommend actions.
• Collaborate with borrowers, attorneys, and internal stakeholders to modify documents and pursue collections.
• Prepare and present detailed reports on Special Assets to executive and board-level management.
• Ensure compliance with banking regulations, policies, and procedures.
• Assist in managing OREO assets, including valuation, maintenance, and disposition.

Skills

Special Assets

Credit analysis

Negotiation

Relationship management

Education

Bachelor's degree in Finance/Business/Accounting

Tools

Loan management systems

Microsoft Office

Job description

Switchboard Hiring's client, a well-established community bank, seeks a diligent Special Assets Manager to oversee the loan portfolio, focusing on review, analysis, and resolution of criticized and non-performing loans.

You will collaborate with credit, legal, and executive teams to mitigate risk, manage OREO assets, and drive asset recovery while ensuring portfolio quality and regulatory compliance.