Job Summary
A company is looking for a Senior Commercial Resolution Officer I.
Key Responsibilities
- Manage a complex loan portfolio of problem relations, evaluating credit risk and developing resolution strategies
- Oversee credit, operational, reputational, regulatory, and legal risks associated with client transactions
- Monitor assigned portfolios, reporting losses or significant changes and presenting cases to the Special Assets Committee as needed
Required Qualifications
- Bachelor's Degree and 8 years of experience in Commercial Resolution, Special Assets, Distressed Loans, and/or Workout, or a High School Diploma/GED with 12 years of relevant experience
- Preferred: Bachelor's Degree with at least 10 years' experience managing a portfolio of Substandard grade credits
- Experience managing a portfolio size of $75+MM, preferably with a Bank with at least $100B in assets
- Expert knowledge of current bankruptcy laws and regulations
- Skilled in designing and implementing complex loan restructures and collateral liquidation strategies