Special Assets & Workouts Specialist

Exchange Bank; Santa Rosa (CA); On-site; USD 70,304 - 100,000; Full time

Job summary

A regional banking institution is seeking a Special Assets Officer in Santa Rosa, California, to manage complex and at-risk loans effectively. The role requires a Bachelor's degree in business administration or similar, alongside 5-7 years of relevant experience. Responsibilities include managing major loan workouts, negotiations with borrowers, and serving a vital role in maximizing loan recoveries through strategic oversight and analysis. A comprehensive understanding of bankruptcy laws and solid financial analysis skills are crucial for success.

Qualifications

• 5-7 years of experience in complex credit administration or related fields.
• Thorough knowledge of bankruptcy and foreclosure processes.
• Proven ability to negotiate and manage complex loan workouts.

Responsibilities

• Manage at-risk loans and ensure maximum recovery for the Bank.
• Resolve complex credits and provide executive status reports.
• Assist borrowers in restructuring debt and developing workout plans.

Skills

Negotiation skills

Financial analysis

Real estate finance knowledge

Problem-solving skills

Customer service

SBA loan knowledge

Education

Bachelor's degree in business administration or related field

Tools

Microsoft Office (Excel, Word, Outlook)

Job description

A regional banking institution is seeking a Special Assets Officer in Santa Rosa, California, to manage complex and at-risk loans effectively. The role requires a Bachelor's degree in business administration or similar, alongside 5-7 years of relevant experience. Responsibilities include managing major loan workouts, negotiations with borrowers, and serving a vital role in maximizing loan recoveries through strategic oversight and analysis. A comprehensive understanding of bankruptcy laws and solid financial analysis skills are crucial for success.