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, hands-on IC workout specialist
Builds
Restructuring plans, financial models, and recovery strategies for challenged credits
Domain
Financial services / Special Assets / Distressed Debt
Required skills
Financial statement analysis, Credit analysis, Financial modeling, Loan documentation review, Restructuring strategy, Regulatory reporting, Enterprise valuation, Cash flow analysis, Covenant monitoring, Risk assessment
Preferred skills
Turnaround consulting experience, Rating agency experience, Formal bank credit-training
Technologies
Excel, Bloomberg, FactSet, Moody's, MS Word, PowerPoint
Responsibilities
Analyze borrower financial statements and develop financial models to monitor performance and covenant adherence. Prepare internal and regulatory rating recommendations and accrual status updates. Develop and document action plans and workout strategies for challenged credits. Present quarterly updates and remediation strategy recommendations to management. Review loan documentation terms and conditions. Identify risk-related issues requiring escalation.
Seniority
Associate, hands-on IC