Job Description
Job Title: Special Assets Team Lead
Job Summary: The Special Assets Team Lead is responsible for the workout and resolution of Classified C&I and commercial real estate/multifamily loans to preserve principal and minimize charge-offs, in accordance with Bank policies and procedures.
Responsibilities:
- Manage and lead the Special Assets team in loan workouts.
- Analyze financial statements and collateral valuations.
- Develop and implement strategies for loan resolution.
- Collaborate with internal stakeholders to ensure compliance.
- Prepare reports for senior management on loan performance.
Qualifications:
- Bachelor’s degree in Finance, Business, or related field.
- 5+ years of experience in commercial lending or special assets.
- Strong analytical and negotiation skills.
- Knowledge of banking regulations and compliance.
- Excellent communication and leadership abilities.