CareerPlan

Credit Officer II-Special Assets Group

Chicago, USFull-time$100k–$157k2026-10-28 → 2026-11-11
On-site

Core

Manage high-risk, criticized, or distressed commercial loan portfolios and execute resolution strategies to minimize losses.

Role type

Senior IC credit officer (special assets)

Builds

Resolution strategies for distressed commercial credits

Domain

Banking / Special Assets / Distressed Debt

Required skills

Credit restructuring, Commercial lending, Risk management, Financial analysis, Negotiation, Legal structures, Collateral analysis, Enterprise valuation, Portfolio management, Credit judgment

Preferred skills

Business law knowledge, Bankruptcy law, Ancillary banking products, Independent work

Technologies

N/A

Responsibilities

Develop and negotiate resolution strategies for distressed loans; Manage adversarial collection actions (litigation, foreclosures, bankruptcies); Oversee asset quality and risk management; Conduct periodic portfolio reviews; Lead negotiations for restructurings and settlements; Coach and mentor junior associates

Seniority

Senior, hands-on IC