Special Assets Account Executive Sr

3 hours, 51 minutes ago
Full-time
Senior
Sales and Business Development
Pathward

Pathward

Pathward is a federally registered financial institution that enhances financial inclusion by offering a robust banking infrastructure and a variety of financial solutions to support businesses in accessing the necessary funds for growth.

Diversified Financial Services
251-1K
Founded 1954

Description

  • Manage an assigned portfolio of classified loans, including a direct portfolio within the Special Assets Group.
  • Support the Leader and Senior AEs by identifying exit, recovery, and restructuring strategies for distressed credits.
  • Take timely action to minimize client losses and keep outcomes within budgeted standards.
  • Assist with the restructuring and liquidation of distressed loans.
  • Ensure timely and accurate reporting of asset quality, impairment, and charge-offs.
  • Maintain strong relationships with business units to support smooth asset transitions.
  • Monitor collateral values and ensure compliance with loan covenants and regulatory requirements.
  • Implement workout action plans, including restructurings, forbearance agreements, legal actions, collateral reviews, and litigation or bankruptcy-related solutions.
  • Ensure advances and loans comply with loan policy, approved structure, and required legal documentation.
  • Maintain current knowledge of client financial condition, management performance, and industry trends to guide portfolio actions.

Requirements

  • Bachelor's degree or equivalent education and work experience.
  • 5+ years of experience in commercial banking or credit risk, with emphasis in special assets management.
  • Experience in collections, loan restructuring, and workout activities.
  • Thorough knowledge of banking regulations and compliance.
  • Project management workout experience.
  • Alternative energy workout experience, including solar, battery, and RNG.
  • SBA and USDA workout experience.
  • Strong customer service skills.
  • Strong verbal and written communication skills.
  • Ability to collaborate effectively and apply financial acumen.

Benefits

  • Salary range of $104,000 to $174,000.
  • Eligibility for an annual performance-based incentive opportunity.
  • Comprehensive health insurance benefits.
  • 401(k) retirement benefits.
  • Life insurance coverage.
  • Disability benefits.
  • Paid time off.

Interested in this position?

Apply directly on the company website

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