Special Loans Workout Manager

U.S. Bancorp
Chicago, Atlanta, Minneapolis, San Francisco, New York, Los Angeles, Charlotte, Denver, Cincinnati
Workplace: OnsiteFull timeUSD 169,380 - 207,020 annuallyFunction: Banking, Lending & CreditExperience: 10-15 yearsEducation: bachelorsSkills: ["Problem-solving","Negotiating","Decision-making","Interpersonal communication","Verbal and written communication"]

Lead the development and execution of resolution strategies for large, highly complex Commercial Real Estate problem loans. Manage and negotiate bilateral and syndicated workout strategies, including potential roles as agent for syndicated facilities and lender-group negotiations. Assess borrower/sponsor/guarantor/collateral and market conditions to drive loss mitigation and recovery outcomes. Present risk assessments and action plans to senior management and mentor junior workout professionals while staying current on relevant insolvency and loan enforcement regulations.

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FursaFursa
U.S. Bancorp
U.S. Bancorp
5 days ago

Special Loans Workout Manager

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Last checked: 19 hours agoStatus: Live

Job Summary

Lead the development and execution of resolution strategies for large, highly complex Commercial Real Estate problem loans. Manage and negotiate bilateral and syndicated workout strategies, including potential roles as agent for syndicated facilities and lender-group negotiations. Assess borrower/sponsor/guarantor/collateral and market conditions to drive loss mitigation and recovery outcomes. Present risk assessments and action plans to senior management and mentor junior workout professionals while staying current on relevant insolvency and loan enforcement regulations.
Location: Chicago, Atlanta, Minneapolis, San Francisco, New York, Los Angeles, Charlotte, Denver, Cincinnati
Workplace: Onsite
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Manager level

Key Responsibilities

  • •Develop and execute resolution strategies for large, highly complex Commercial Real Estate problem loans, including restructurings, forbearances, note sales, bankruptcies, foreclosures, and asset dispositions
  • •Negotiate with borrowers and representatives to secure repayment agreements and monitor compliance with repayment terms
  • •Manage bilateral and syndicated credits, coordinating workout strategies with participant lenders, borrowers, and key stakeholders (including potential agent and lender-group leadership)
  • •Evaluate borrower, sponsor, guarantor, collateral, and market conditions to identify recovery opportunities and formulate loss mitigation strategies
  • •Present complex credits, risk assessments, and recommended action plans to senior management and provide consultation to internal business partners; mentor junior workout professionals

Pay and Benefits

Salary: USD 169,380 - 207,020 annually
Perks:Health InsuranceDentalVisionLife InsuranceDisabilityParental Leave401kPaid LeavePaid HolidaysAdoption Assistance

Key Requirements

  • •Bachelor's degree in Business or related field; master's degree preferred
  • •10 to 15 years of experience in commercial lending and loan services activities
  • •Commercial Real Estate loan expertise (C&I loan expertise preferred)
  • •Prior experience with large, syndicated credits
  • •Expert knowledge of specialized lending collections, including managing litigation; advanced knowledge of loan collections/workout, loan processing/documentation, and credit analysis
Experience:10-15 years
Education:Bachelor's
Skills:Problem-solvingNegotiatingDecision-makingInterpersonal communicationVerbal and written communication

Company Brief

U.S. Bancorp
U.S. Bancorp is the parent company of U.S. Bank, providing consumer, business, and institutional banking services including lending, payments, treasury management, wealth management, and merchant solutions across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Minneapolis, United States
Founded: 1863
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