Associate – Special Assets
Core
Associate level workout specialist managing a distressed loan portfolio, focusing on minimizing losses and maximizing recoveries through restructuring, liquidation, or loan sales.
Role type
Associate credit workout specialist
Builds
Restructuring strategies, financial models, and recovery plans for challenged credits
Domain
Financial services / Distressed debt / Credit risk
Required skills
Financial statement analysis, Credit analysis, Financial modeling, Loan documentation review, Regulatory reporting, Restructuring strategy
Preferred skills
Wholesale/corporate banking experience, Turnaround consulting experience, Rating agency experience
Technologies
Excel, Bloomberg, FactSet, Moody's
Responsibilities
Analyze borrower financial statements and KPIs to monitor performance and covenant adherence; Develop financial models to assess repayment ability and enterprise valuation under restructuring scenarios; Prepare internal and regulatory rating recommendations and accrual status updates; Assist in developing action plans and workout strategies including legal actions or loan sales; Review loan documentation terms and conditions; Comply with corporate policies and risk management standards.
Seniority
Associate, entry-level specialist