Special Assets VP

• Manage a portfolio of stressed and distressed credit exposures across corporate, structured finance, leveraged finance, and project finance transactions.
• Perform ongoing assessment of deteriorating credit situations and identify potential risks impacting the bank’s exposure.
• Lead or support restructuring, amendment, forbearance, and recovery negotiations with borrowers, sponsors, legal counsel, and external advisors.
• Prepare detailed credit analysis and workout recommendations for internal committees and senior management.
• Assess collateral quality, liquidity, and recovery prospects under various downside scenarios.
• Partner closely with Front Office, Legal, Compliance, and Risk teams to develop strategies that protect the bank’s interests.
• Monitor covenant compliance, liquidity events, refinancing risks, and market developments impacting borrowers.
• Participate in watch list reviews and special assets governance processes.
• Contribute to the development of workout strategies, policies, and portfolio risk management initiatives.
• Ensure compliance with internal credit policies and regulatory requirements.

Skills & Qualifications

• 7+ years of experience within credit risk, workout/special assets, restructuring, leveraged finance risk, or distressed investing.
• Strong understanding of corporate credit analysis and restructuring/workout processes.
• Experience managing stressed or distressed credit situations.
• Ability to analyze complex capital structures and downside/recovery scenarios.
• Experience working with legal documentation, amendments, waivers, and restructuring negotiations.
• Strong analytical, communication, and writing skills.
• Ability to work independently in high-pressure environments.
• Strong partnership skills across Risk, Front Office, Legal, and senior stakeholders.
• Knowledge of US credit markets and regulatory practices preferred.
• Prior exposure to leveraged finance, structured finance, project finance, or corporate banking portfolios preferred.