AVP - Director Loan Workout Specialist

3 weeks ago

houston, United States Broadgate Full time

Broadgate are excited to be partnering with an International Bank who are looking for a number of Loan Workout Specialists from AVP - Director level.


Essential Duties and Responsibilities:


• Manage an assigned portfolio of challenged credits (wholesale corporate/leveraged finance and project/structured financings, both domestic and international, across a broad range of industries) and independently manage respective workouts. Assigned accounts may be complex and have inter-creditor issues and/or sensitive sponsor relationships.

• Analyze Borrowers’ and Guarantors’ financial statements (and 13-week cash flows, as applicable) to:

(i) measure and monitor customers’ performance; (ii) determine borrower's financial ability to make debt service payments; (iii) analyze the reason(s) for default/financial distress; (iv) determine ability to turn around operations to realize improved financial performance; (v) prepare valuation analysis utilizing various methodologies, which will form basis determining potential impairment and borrower/regulatory ratings; (vi) assess repayment ability/recovery prospects under various restructuring scenarios; (vii) structure/underwrite/negotiate waivers, consents, amendments, restructurings and forbearance requests/approvals/agreements and associated documentation.

• Use aforementioned analysis to prepare timely and accurate borrower/regulatory rating recommendations and maintain proper accrual status on each managed account.

• Independently develop, document and implement detailed action plans and workout strategies, including enforcement of remedies and legal action, for all challenged credits in your portfolio, and provide periodic status reports to senior management. Provide recommendations on appropriate action plan with associated options analysis for each deal: (i) to hold position because of high likelihood for refinancing or repayment; (ii) various strategies for restructuring loans; or (iii) rationale for selling a loan with the overriding goal being to optimize the firms position and maximize loan recoveries.

• Independently prepare and present thoughtfully organized comprehensive concisely written memos and quarterly updates, analysis and remediation strategy recommendations to Department Manager, Bank Officers, and Committees.

• Must be adept at independently synthesizing large amounts of data and independently processing credit requests and internal correspondence with limited manager involvement.

• Provide advice, counsel, direction and guidance to the business line/portfolio management group regarding expedient identification and evaluation of deteriorating loan situations to recognize problem loans early and to minimize losses. This may include significant strategic planning with line officers in negotiations with other lenders and participants across the capital structure (i.e., subordinated debt, 2nd lien debt, mezzanine, equity/sponsors, etc.).

• Work with in-house and outside legal counsel, as appropriate, for waivers, consents, and amendment negotiations and documentation drafting.


Qualifications (Education, Experience, Skills):


• Bachelor’s degree in Business Administration, Finance, Accounting or related discipline; CFA or MBA preferred

• 5+ years of workout experience on complex wholesale credits with a regulated bank or as buy-side principal at distressed investment firm. Top of the professional discipline in terms of knowledge, skills and abilities. Performs the most complex projects proactively, calmly, thoughtfully, and independently.

• Thorough knowledge of financial statements/analysis, accounting principles, wholesale credit underwriting, assigning borrower and regulatory ratings, enterprise and project valuation, and general bank lending guidelines as evidenced by 15+ years as a wholesale loan workout professional in a regulated bank and through completion of a formal bank credit training program. • Experience with large corporate/leveraged and project finance lending, loan documentation and loan workouts required.

• Strong technical (credit and financial analysis) skills.

• Well versed with loan credit documentation.

  • AVP - Director Loan Workout Specialist

    3 weeks ago

    Houston, United States Broadgate Full time

    Broadgate are excited to be partnering with an International Bank who are looking for a number of Loan Workout Specialists from AVP - Director level.Essential Duties and Responsibilities:• Manage an assigned portfolio of challenged credits (wholesale corporate/leveraged finance and project/structured financings, both domestic and international, across a...

  • AVP - Director Loan Workout Specialist

    3 weeks ago

    houston, United States Broadgate Full time

    Broadgate are excited to be partnering with an International Bank who are looking for a number of Loan Workout Specialists from AVP - Director level.Essential Duties and Responsibilities:• Manage an assigned portfolio of challenged credits (wholesale corporate/leveraged finance and project/structured financings, both domestic and international, across a...

  • AVP - Director Loan Workout Specialist

    3 weeks ago

    Houston, United States Broadgate Full time

    Broadgate are excited to be partnering with an International Bank who are looking for a number of Loan Workout Specialists from AVP - Director level.Essential Duties and Responsibilities:• Manage an assigned portfolio of challenged credits (wholesale corporate/leveraged finance and project/structured financings, both domestic and international, across a...

  • Senior Loan Workout Officer

    5 days ago

    Houston, United States Kern Search Full time

    Responsible for managing a portfolio of problem loans consisting primarily of mid to large balance commercial and commercial real estate credits. Problem loan portfolio will consist of commercial and commercial real estate to include hospitality, convenience stores, rental properties, assisted or independent living facilities, church or other religion...

  • Loan Workout Expert

    4 days ago

    Houston, Texas, United States Kern Search Full time

    Job SummaryWe are seeking a skilled Loan Workout Expert to join our team at Kern Search. In this role, you will be responsible for managing a portfolio of problem loans consisting primarily of mid to large balance commercial and commercial real estate credits.You will be responsible for determining the cause of payment delinquencies, determining the...

  • Kern Search | Senior Loan Workout Officer | houston, tx

    5 days ago

    houston, United States Kern Search Full time

    Responsible for managing a portfolio of problem loans consisting primarily of mid to large balance commercial and commercial real estate credits. Problem loan portfolio will consist of commercial and commercial real estate to include hospitality, convenience stores, rental properties, assisted or independent living facilities, church or other religion...

  • Servicing Specialist

    4 months ago

    Houston, United States Longbridge Financial, LLC Full time

    Company DescriptionLongbridge Financial, LLC (LBF) is an innovative company committed to responsibly helping senior homeowners reshape their financial future to improve their retirement. Our mission is to be consistently fair, transparent, and professional at all times with our employees, customers, and partners.Recognized as an Industry Changemaker,...

  • International Underwriter

    4 weeks ago

    Houston, United States Zurich Insurance Company Ltd. Full time

    Zurich is currently looking for an experienced International Underwriter (Senior Level III or AVP Level IV) for Zurich’s International Energy and Construction practice to focus on Large Casualty. We are open to hiring this new team member in Houston, Chicago, Denver, Philadelphia, New York, or Kansas City (Overland Park). This is a hybrid role requiring...

  • AVP, Nursing

    5 months ago

    South Houston, United States Memorial Hermann Health System Full time

    At Memorial Hermann, we pursue a common goal of delivering high quality, efficient care while creating exceptional experiences for every member of our community. When we say every member of our community, that includes our employees. We know that when our employees feel cared for, heard and valued, they are inspired to create moments that exceed...

  • Servicing Specialist

    5 months ago

    Houston, United States Longbridge Financial, LLC Full time

    Company Description Longbridge Financial, LLC (LBF) is an innovative company committed to responsibly helping senior homeowners reshape their financial future to improve their retirement. Our mission is to be consistently fair, transparent, and professional at all times with our employees, customers, and partners. Recognized as an Industry Changemaker,...

  • Servicing Specialist

    1 month ago

    Houston, Texas, United States Longbridge Financial Full time

    Job OverviewAt Longbridge Financial, we're committed to helping senior homeowners reshape their financial future. As a key member of our team, you'll play a crucial role in ensuring our customers receive the best possible service.Key ResponsibilitiesProactively review loans to identify workout solutions for borrowers or heirs in challenging...

  • Commercial Loan Processor Sales Support Specialist

    3 weeks ago

    Houston, United States First Citizens Bank Full time

    Forever Strong. What sets our company apart? Strong leadership, enduring values, and a commitment to helping people and businesses prosper. Our company has an opportunity for a Commercial Loan Processor Sales Support Specialist. We are seeking banking professionals with proven success, self-motivation, and strong relationship building skills. This role is...

  • Commercial Loan Closer

    3 weeks ago

    Houston, Texas, United States BritePros Medical Staffing Full time

    Commercial Loan Closer Job Description**Job Summary**We are seeking a highly skilled Commercial Loan Closer to join our team. As a Commercial Loan Closer, you will be responsible for reviewing credit files, completing necessary documentation for SBA packaging files, and ensuring compliance with Bank policies and SBA guidelines.**Responsibilities*** Review...

  • Loss Mitigation Fulfillment Specialist II

    2 weeks ago

    Houston, United States Newrez LLC Full time

    Who We AreShellpoint Mortgage Servicing (SMS) is one of America’s top-five non-bank mortgage-servicing companies. What is mortgage servicing? Our clients are businesses that own mortgage loans (such as banks and real estate investment firms). On their behalf, we manage (or “service”) their loan portfolios, which means that we collect homeowners’...

  • Commercial Loan Closer

    6 months ago

    Houston, United States BritePros Medical Staffing Full time $90,000

    Commercial Loan Closer – To $90K – Houston, TX – Job # 2763Who We AreThe 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. Most of our recruiters are former bankers or accountants...

  • AVP - Oncology Leadership Position

    4 weeks ago

    Houston, Texas, United States Caris Life Sciences Full time

    Job SummaryThe Area Vice President is a key leadership role within Caris Life Sciences, responsible for driving and directing the sales function of Oncology sales in an assigned geographic area.Key ResponsibilitiesDevelop and execute the national Caris sales strategy to meet and exceed area volume and revenue goals.Build and lead an area sales team of...

  • Senior Director, POM Product Management Manager- Loans Platform

    3 weeks ago

    Houston, United States BNY Mellon Full time

    At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit...

  • Marketing and Communications Director

    4 weeks ago

    Houston, Texas, United States University of Houston Full time

    Job SummaryThe Assistant Director of Marketing and Communications will serve as the lead for marketing and communications for the Student Health Center, as well as taking a leadership role with a team of individuals in a collaborative approach to marketing and communications for the Health and Wellbeing Team (including UH Wellness, Counseling and...

  • Loan Originations Specialist

    4 weeks ago

    Houston, Texas, United States Hirshmark Capital Full time

    This is a unique position at Hirshmark Capital, a leading real estate investment firm. We are looking for a talented individual to originate bridge loans collateralized by commercial real estate in New York, Florida, and Texas.Key Responsibilities:Source new business through networking, meetings, telesales, and canvassingDevelop, manage, and maintain...

  • Director of Labor and Delivery

    1 month ago

    Houston, Texas, United States Med Career Solutions Full time

    Job Summary:As the Director of Labor and Delivery, you will oversee the management and provision of nursing care in the departments managed. You will plan, organize, and evaluate patient care within the program to develop and maintain high-quality, evidence-based care for your patients.Key Responsibilities:Develop and implement nursing care plans to ensure...