Loan Workout Specialist 4
Core
Monitor delinquent commercial and consumer loans, restructure/rehabilitate, collect, recover, and liquidate assets to limit losses.
Role type
Senior IC loan workout specialist
Builds
Restructured loan agreements and recovered assets for banking institutions
Domain
Banking / Credit Risk Management
Required skills
Credit analysis, loan restructuring, asset recovery, legal compliance, financial reporting, stakeholder negotiation, risk mitigation, regulatory knowledge, complex loan management, strategic planning
Preferred skills
Supervisory experience, tax law knowledge, environmental report evaluation, real estate appraisal review
Technologies
Banking software, credit monitoring tools, legal databases, financial reporting systems
Responsibilities
Monitor commercial delinquencies weekly, review and restructure credit terms, manage troubled credits, develop recovery strategies for non-performing loans, coordinate with legal counsel, evaluate appraisals and environmental reports, draft watch list reports, initiate meetings with clients and advisors, advise loan officers on account deterioration.
Seniority
Senior, hands-on IC