Role Summary
As a Special Assets Officer, you will manage a portfolio of complex commercial credit relationships and work closely with clients and internal partners to achieve the best possible outcomes. This role combines financial analysis, relationship management, and problem-solving to support credit rehabilitation, strategic exits, or asset recovery efforts. You'll gain valuable exposure to complex commercial banking situations while developing expertise in credit risk management and portfolio administration.
Key Accountabilities- Manage a portfolio of problem credit relationships and develop strategies for rehabilitation, exit, or liquidation.
- Analyze borrower financial information and assess credit risk, collateral position, and repayment capacity.
- Prepare credit presentations, portfolio reviews, and quarterly reporting for management and credit partners.
- Evaluate business plans, management teams, and operating performance to support resolution strategies.
- Partner with lenders, attorneys, accountants, loan servicers, and other stakeholders to resolve complex credit situations.
- Monitor compliance with loan agreements, covenants, collateral requirements, and bank credit policies.
- Negotiate and recommend loan structures and resolutions that align with risk management objectives.
- Advise internal business partners on problem credit situations and portfolio risk management strategies.
Education & ExperienceRequired- Bachelor's degree in Business, Finance, Accounting, or an equivalent combination of education and experience.
- 3+ years of banking, commercial credit, finance, or related business experience.
- Knowledge of commercial lending, credit analysis, and portfolio management practices.
- Understanding of banking regulations, collection laws, and depository products.
Preferred- Experience managing problem credit or special assets portfolios.
- Knowledge of loan documentation, collateral perfection, real estate mortgages, and guaranties.
- Experience working with workout strategies, restructuring, foreclosure, repossession, or liquidation processes.
- Strong negotiation, communication, and relationship management skills.
Why You'll Love Working HereAssociated Bank offers opportunities to grow your career while working alongside experienced professionals in a collaborative environment. You'll have access to development resources, challenging work, and the ability to make a meaningful impact on clients, colleagues, and communities.
Apply today to make an impact.In addition to core traditional benefits, we take pride in offering benefits for every stage of life.
- Retirement savings including both 401(k) and Pension plans.
- Paid time off to volunteer in your community.
- Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
- Competitive salaries with professional development and advancement opportunities.
- Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
- Personal banking, loan, investment and insurance benefits.
$59,360.00 - $101,760.00 per year
