SAG Workout Officer III
Ladders · United States · 2 mo ago
RemoteRemoteOTHR$97k–$208k/yrFull-time
This role supports financial strategy, forecasting, and performance management initiatives that strengthen business visibility and decision-making. You will partner with executive leadership and cross-functional stakeholders to improve planning processes, financial discipline, controls, and resource allocation, influencing enterprise performance and scalable financial operations within a regulated financial services environment.
Location: Remote - US based candidates only, no visa sponsorship available
Responsibilities
- Assist in the orderly liquidation and rehabilitation of complex credits
- Formulate and execute exit strategies for large administrative loans
- Negotiate the best course of action on large loans
- Collaborate with Portfolio Managers to monitor financial covenants
- Assist the Wholesale Line of Business on potential troubled credits
- Identify potential losses on administrative credits
- Complete required reporting on administrative credits
Qualifications
- Bachelor's Degree in accounting, finance, or economics preferred or equivalent work experience required
- 8-10 years of workout or related banking experience
- Deep understanding of credit policies and decisioning tools
- Knowledge of bankruptcy law and legal proceedings
- Strong oral, written communication, and negotiation skills
- Analytical and problem-solving abilities
- Proficient with Windows-based word processing and spreadsheet applications
Benefits
- Collaborative work environment
- Opportunity to mentor junior officers
- Involvement in strategic planning processes
- Engagement with senior leadership in decision-making
- Potential for professional development and growth
- Flexible working conditions including virtual work options
- Participation in impactful financial operations
Pay
$96,500 – $207,500 annually