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Commercial Loan Workout Specialist – Up to $110K – Oklahoma City, OK – Job # 1932

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our client is seeking to fill a Commercial Loan Workout Specialist role in the Oklahoma City, OK area. The successful candidate will be responsible for providing in-depth financial analysis on problem commercial credits, restructuring loans if needed, completing renewals, and completing quarterly watch list reports for the special assets group.

The position offers a generous salary of up to $110K plus bonus and a full benefits package.

Commercial Loan Workout Specialist responsibilities include:

  • Facilitating and developing action plans for the restructure, litigation, recovery, or exit strategy for downgraded credits to minimize exposure, mitigate risks, and maximize asset recovery.
  • Determining borrower, guarantor, and facility risk rating with risk rating models and analyses.
  • Reviewing and analyzing personal financial information for guarantors including personal financial statements, tax returns, real estate owned schedules, and liquidity statements to determine the financial strength of the guarantor.
  • Working with Special Assets Managers to identify and mitigate all risks.
  • Restructuring, modifying, and/or enter into forbearance agreements that serve the best interest of the company.
  • Preparing thorough, objective, and accurate loan presentations, illustrating the degree of risk involved in extending credit or lending money.
  • Developing and recommending strategies on existing loans to meet the company’s credit standards and to minimize loss potential.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

  • Bachelor’s degree in finance or accounting.
  • Four or more years of commercial loan structuring and underwriting.
  • Two or more years of Commercial lending experience.
  • Direct work experience in a workout or special assets group working with commercial problem credits.
  • Knowledge of commercial bankruptcy, foreclosure, and liquidation processes is a plus.
  • Excellent communication skills, both written and verbal.
  • Ability to read and interpret financial statements to include: Tax returns (individual and business), balance sheet, income statement, cash flow schedules, statement
    of the owner’s equity.
  • Strong presentation skills.
  • Ability to communicate with senior management, operational and technical staff, and peers.

The next step is yours.  Email us your current resume along with the position you are considering to:

resumes@symicorgroup.com

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