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Loan Workout Officer

Valley Bank
Location 📍 Fairfield, United States
Posted 📅 June 19, 2026
Work Type ⏰ fulltime

Position Overview

Responsibilities include but are not limited to:
  • Lead the end to end management of a portfolio of criticized, classified, and non performing commercial loans.
  • Develop and execute strategic and legal action plans for each relationship, for cost effective maximum recovery for the bank.
  • Maintain strict oversight of financial performance, covenant compliance, collateral integrity, and borrower‐operating trends.
  • Identify emerging risks early and take immediate corrective action to minimize loss exposure.
  • Conduct financial, cash flow, collateral, and global exposure analyses to determine the most effective workout strategy.
  • Recommend forbearance structures, repayment strategies, liquidations, or exits based on quantitative and qualitative assessments.
  • Prepare clear, defensible credit memoranda and recommendations for senior credit authorities.
  • Lead negotiations with borrowers, guarantors, and third parties with a firm, d...

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Job Details

Employment Type
fulltime
📊
Category
Financial Specialists
🏠
Work Arrangement
On-site
📍
Location
Fairfield, United States