Vice President, Senior Loan Workout Specialist

Vice President, Senior Loan Workout Specialist About the Company Expanding financial group IndustryFinancial Services TypePublic Company Founded2001 Employees10,001+ Categories FinanceFinancial ServicesConsulting & Professional ServicesBanking & MortgagesSavings & InvestingBankingCredit Specialties corporate and investment bankingcommercial bankingtrust bankingsecuritiescredit cardsconsumer financeasset managementleasingfinancial technologywholesale bankinginformation technologydigital bankingsavingswealth managementconsumer bankingand retail banking About the Role The Company is seeking a Senior Loan Workout Specialist, Vice President to join their team. The successful candidate will be responsible for servicing, monitoring, and managing a distressed loan portfolio, with a focus on wholesale corporate and project finance deals. This role requires the ability to independently handle complex credit relationships, including multi-bank syndicated credits, and to administer the turnaround or exit of these relationships through proactive management and restructuring efforts. The Senior Loan Workout Specialist will also be involved in assigning internal ratings, reporting, and assisting in special projects, as well as providing on-the-job training for junior staff members. Applicants for this position should have a Bachelor's degree in a relevant field, with an MBA preferred, and a minimum of 3 years' workout experience on complex wholesale credits or at a turnaround consulting firm. The role demands a seasoned banking officer with strong credit analysis skills, cash flow modeling, and experience in loan workout and management. The ideal candidate will be detail-oriented, adept at multitasking, and have the ability to effectively negotiate with borrowers and other stakeholders. A background in solving credit problems and a proven track record of working with both internal and external constituents are essential. The Senior Loan Workout Specialist will be expected to keep abreast of market trends, adhere to risk and regulatory standards, and comply with the company's policies and controls. Hiring Manager TitleDivision Manager Travel PercentLess than 10% Functions Finance

Created: 2024-11-13