Senior Special Assets Loan Officer
B
Builders Capital ExchangeConstruction Finance
United StatesFull-TimeSenior
Salary not disclosed
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Job Details
- Experience
- 7+ years
- Required Skills
- Financial analysis
Requirements
- 7+ years of experience in special assets, credit workouts, loan servicing, or asset management.
- Strong focus on Residential Transitional Loans (RTL), construction loans, bridge loans, or fix-and-flip lending.
- Strong understanding of workout strategies, foreclosure processes, and collateral liquidation.
- Experience with OREO management for 4-6 unit residential properties.
- Strong working knowledge of GAAP impairment analysis, charge-offs, risk ratings, and accrual accounting.
- Advanced ability to analyze complex financial, operational, and market data.
- Proven experience leading and coordinating complex loan resolutions with legal counsel, servicers, and investors.
- Excellent written and verbal communication skills for presenting to senior management.
Responsibilities
- Independently oversee and manage a portfolio of non-performing, distressed, and high-risk Residential Transitional Loans (RTL) and construction loans.
- Evaluate, manage, and resolve complex special assets through borrower rehabilitation, loan modification, foreclosure, sale, liquidation, or other strategies.
- Develop and implement comprehensive workout strategies based on project status, collateral condition, and risk exposure.
- Lead periodic reviews of problem loans, identifying emerging risks and evaluating exit viability.
- Present detailed workout recommendations and risk assessments to senior management and capital partners.
- Oversee OREO assets including 4–6 unit residential properties and coordinate valuations and disposition strategies.
- Lead negotiations with borrowers, guarantors, attorneys, brokers, and property managers to achieve favorable exit outcomes.
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