Senior SBA Loan Workout and Special Assets Officer

Description

We are seeking a dynamic and experienced Special Assets/Loan Workout Officer to join our team remotely. In this role, you will have the opportunity to manage distressed loans, develop strategies to mitigate risk, and maximize recovery for our clients, particularly focusing on Small Business Administration (SBA) loans.

Key Responsibilities

• Evaluate and analyze distressed SBA loans to determine optimal strategies.
• Develop and execute workout plans to minimize risk and optimize recovery.
• Negotiate effectively with borrowers and stakeholders involved in the loan workout process.
• Monitor and report progress on workouts, providing regular updates to management and clients.
• Collaborate cross-functionally to ensure compliance with regulatory requirements and company policies.
• Mentor and support junior team members as needed.
  
  

Qualifications

• Bachelor’s degree in finance, business, or a related field.
• Minimum of 5 years’ experience in loan workout, special assets, or credit risk management.
• Strong knowledge of SBA loan programs and regulations.
• Exceptional analytical and problem-solving abilities.
• Proven track record in negotiation and communication.
• Ability to thrive independently in a remote work environment, maintaining high productivity.
• Proficiency in Microsoft Office and loan management software.
  
  

Benefits

We offer a competitive salary and comprehensive benefits package.

If you are a driven professional with a passion for loan workout and risk management, we encourage you to apply and join our team!

Employment Type: Full-Time