Workout and Special Assets Director

2 weeks ago


New York, New York, United States JCW Full time
Job Title: Workout & Special Assets Director

Our client, JCW, is a leading international bank renowned for its commitment to innovative financial solutions and exceptional client service. They are expanding the team and seeking a seasoned professional for their Workout and DIP Risk division.

Role Overview:

As the VP of Workout and DIP Risk, you will play a crucial role in managing our portfolio of distressed assets and overseeing debtor-in-possession (DIP) financing strategies. You will work closely with senior management and cross-functional teams to develop and implement effective workout plans that maximize recovery and minimize risk.

Key Responsibilities:

  • Assess and manage distressed asset portfolios, providing strategic recommendations for workout plans.
  • Oversee the structuring and execution of DIP financing arrangements.
  • Collaborate with internal stakeholders to ensure alignment on risk management strategies.
  • Analyze market trends and economic factors influencing distressed assets and DIP financing.
  • Build and maintain relationships with key clients, investors, and external advisors.

Qualifications:

  • 8+ years of experience in distressed asset management, workout strategies, or DIP financing.
  • Strong analytical skills with a proven track record of successful deal structuring.
  • Excellent knowledge of special assets and complex loans.


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