Commercial Loan Workout Officer

Job Title : Commercial Loan Workout Officer

Department : Credit Administration / Special Assets

Reports To : Chief Credit Officer

Position Summary

The Commercial Loan Workout Officer is responsible for the management, resolution, and recovery of the bank's adversely classified and non-performing commercial loan portfolio. This position plays a key role in protecting the bank's asset quality by developing and executing effective workout, restructuring, or liquidation strategies for troubled commercial credits. The ideal candidate will work closely with borrowers, lending officers, legal counsel, and senior management to minimize losses, maximize recoveries, and ensure compliance with bank policies and regulatory standards.

Essential Duties and Responsibilities

Commercial Loan Workout and Restructuring

• Manage a portfolio of criticized, classified, and non-performing commercial loans, including commercial real estate (CRE), construction, and commercial and industrial (C&I) loans.
• Develop and implement workout, restructuring, forbearance, or settlement strategies consistent with the bank's credit policies and regulatory requirements.
• Conduct detailed borrower and guarantor financial analyses to determine repayment capacity and appropriate workout structure.
• Negotiate with borrowers to establish feasible repayment arrangements or collateral resolutions that protect the bank's interests.
• Prepare detailed credit action plans and recommendations for approval by senior management and the Loan Committee.

Collateral and Recovery Management

Credit Administration and Reporting

Regulatory and Policy Compliance

Residential Essential Duties and Responsibilities

Recovery Responsibilities

Loss Mitigation Responsibilities

Qualifications

Education and Training :

Experience :

Knowledge, Skills, and Abilities :

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