Special Assets Officer - To 155K - Schaumburg, IL - Job 3764-6264 Job at The Symicor Group, Schaumburg, IL

c3dDZUd4WnZxZ2p1V0lhdDlKYXFIRkVoWkE9PQ==
  • The Symicor Group
  • Schaumburg, IL

Job Description

Special Assets Officer – To $155K – Schaumburg, IL – Job # 3764-6264

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, 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 Special Assets Officer role in the Schaumburg, IL area. The position is responsible for overseeing portfolios that are distressed, delinquent, or high-risk commercial loans, developing strategies to maximize recovery and minimize losses.

This position comes with a generous salary of up to $155K and full benefits package. (This is not a remote position).

Special Assets Officer responsibilities include:

  • Develop and implement a workout plan to rehabilitate loans or facilitate orderly exits.

  • Prepare Credit Reviews to assess asset quality, including performance against original underwriting expectations.

  • Work with legal counsel on bankruptcies, foreclosure actions, and debt restructurings.

  • Experience writing policies and procedures for collateral monitoring, workouts, and periodic loan reviews.

  • Report on the assigned portfolio, including asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis.

  • Draft memos for any substantial changes in a borrower’s financial stability or ownership structure.

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:

  • 7+ years in commercial banking, credit analysis, or special assets/loan workout.

  • Deep experience with financial analysis.

  • College degree preferred.

  • Working knowledge of commercial lending, e.g. commercial real estate, construction and C&I products.

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

resumes@symicorgroup.com

Job Tags

Full time

Similar Jobs

CIMA AVIATION INC

Hydraulic Tester/Technician Job at CIMA AVIATION INC

Description: CIMA Aviation is seeking a skilled and motivated Hydraulic Tester/Technician with strong mechanical aptitude, a desire to learn, and a passion for aviation repair. As part of our growing team, you will work hands-on with a wide range of aircraft hydraulic... 

kiewit

Class B mixer truck driver Job Job at kiewit

 ...can be used to apply to as many jobs as you'd like. Create a Driver's Account.Person to Contact about this CDL Job: darrin shelbykiewit Phone Number: (***) ***-**** Tell em' Gary's Job Board sent you.This truck driving job may have an alternate application method.... 

Fitometry Health Club

Boxing / Heavy Bag Instructor Job at Fitometry Health Club

 ...The Boxing / Heavy Bag Instructor at Fitometry Health Club is responsible for instructing and guiding individuals of all fitness levels in the discipline of boxing. This versatile role encompasses both beginner boxers looking to understand the basics, as well as advanced... 

New York Life - Greater Los Angeles

Financial Services Management Trainee Job at New York Life - Greater Los Angeles

Are you looking for a job with freedom and flexibility, with amazing earnings potential? Were hiring a dynamic sales manager to lead our team to success. Youll be responsible for setting the sales strategies and objectives, identifying sales targets, and evaluating your...

Family Resource Home Care

Private In Home Caregiver Job at Family Resource Home Care

 ...Our caregivers are our most important asset here at Family Resource Home Care. See why our caregivers chose to come and stay to thrive. If you are passionate about what you do, come join our award-winning caregiving team! This is for our Denver office. We are needing...