Special Assets Group Corp/Comm Senior Portfolio Officer/Portfolio Officer

Responsibilities

• Support and/or manage a portfolio of high-risk, criticized, or distressed commercial credit exposures, including complex corporate and syndicated/agented transactions.
• Develop and execute workout and resolution strategies tailored to each credit situation (e.g., amendments, restructurings, forbearance, enforcement, exit planning), including scenario analysis and recovery assessments.
• Serve as a primary point of contact (as assigned) for loan related communications with borrowers, sponsors, bank participants, internal partners, and internal/external legal counsel; support negotiations and coordination across multi lender bank groups.
• Monitor borrower performance, financial condition, covenant compliance, and collateral position; identify emerging risks, recommend timely risk rating actions, and escalate issues appropriately.
• Prepare and/or support credit approval documentation (memos, strategy recommendations, risk assessments, covenant/structure analyses) and present materials to senior leadership/approval forums as needed.
• Support asset quality forecasting, portfolio monitoring, and management reporting routines to ensure accurate and timely visibility into portfolio trends and key risks.
• Ensure compliance with internal credit policies and applicable regulatory requirements.
• Collaborate closely with internal stakeholders (Corporate & Investment Banking teams, Risk, Finance, Operations) and external parties (counsel, advisors, bank groups) to drive outcomes and protect the Bank’s position.
• Coach and mentor junior associates on the team to help develop credit and corporate workout skills.

Qualifications

• 4+ years of experience in corporate workout, credit restructuring, or related risk management experience.
• Demonstrated experience in syndicated and agented credit transactions, including multi-lender coordination and documentation support.
• Strong credit underwriting and analysis capabilities, including risk rating, structuring, covenant assessment, and complex capital structures.
• Analytical/technical skills, including financial accounting, modeling and loan structuring.
• Strong communication skills with the ability to influence vertically (executives), horizontally (partners), and externally (clients, counsel, creditors).
• Strong organizational skills with the ability to manage multiple priorities and time-sensitive deliverables.
• Bachelor's Degree.

Desired Qualifications

• Experience supporting or participating in corporate workouts, restructurings, or special situations, including amendments, forbearance, covenant resets, and recovery strategies for criticized or distressed credits.
• Exposure to syndicated and agented credit transactions, including coordination with multiple lenders, agents, and advisors, and familiarity with bank group dynamics and decision processes.
• Familiarity with business/commercial law concepts relevant to credit agreements and restructurings (contracts, insolvency frameworks).
• Demonstrated ability to operate effectively as an individual contributor in high-pressure, time-sensitive situations, exercising sound judgment, prioritization, and execution discipline with minimal supervision.
• Knowledge of ancillary banking products such as treasury services, derivatives, commercial cards, and deposits.