Senior Financial Restructuring Manager

Rabobank • Richland, WA

3d • Hybrid

About The Position

Rabobank is the world's leading specialist in food and agribusiness banking. As a Financial Restructuring Manager you will develop and implement workout strategies on an assigned portfolio of highly complex problem loans. One of our key strengths lies in our people who have a deep understanding of agriculture and are committed to adding long-term value for clients. At Rabobank our culture is unique, because every day our people work knowing that we are all playing our part in supporting our farmers to feed the world. Our Shared Future: “The position provides opportunities to collaborate with our Clients in overcoming whatever challenges have brought them to Financial Restructuring and to work together to find the best path forward for both the Client and Rabo.” You and Your Job As a Senior Financial Restructuring Manager you will be successful by establishing and building strong working relationships with clients and colleagues to manage risk for the bank and coach clients to help them succeed. The position contributes to the departments goal of a smooth and accurate process in the Financial Restructuring & Recovery operation for Rabo Agri Finance LLC, the rural lending arm of Rabobank in the US. Working for the Rabobank Group demands special competencies from the individual employee, who must have a natural tendency to collaborate with customers, members and colleagues. This requires employees to have a personality which is clearly "actively focused on other people", and for employees to make careful consideration between risks and results in the performance of work duties, with the objective to increase and maintain customer confidence in the entire value chain of product development, product distribution and customer advice.

Requirements

• Bachelor's degree in a related field.
• 7+ years of experience in loan restructuring and risk management.
• Strong negotiation skills and the ability to solve complex problems.
• Ability to analyze simple to complex financial statements to evaluate the financial stability of an entity or individual.
• Establish and build strong working relationships with clients and others that may be challenging to work with.
• Ability to travel regionally, up to 50%
• Legally authorized to work in the United States on a full-time basis.
• Rabobank is unable to sponsor or take over sponsorship of an employment visa for this position.

Responsibilities

• Coordinates the semi-annual Loan Strategy Report cycles and ensures that all LSR’s are prepared and presented timely.
• Be familiar with and comply with laws, regulations and internal policies and procedures that are applicable to required job duties within the Financial Restructuring group.
• Financial Restructuring Managers work directly with RAF Legal and outside counsel to ensure timely and quality results.
• Coordinate the loan closing activities of Financial Restructuring loans. And work directly with Closing and Legal staff to achieve timely and quality results.
• Coach and counsel colleagues on matters relative to Financial Restructuring loans and issues. They may act in an advisory role with the Business on loans classified OLEM or Early Warning.
• Understand the loan relationship, assessing the issues that caused the classification downgrade, and working with the Business and possibly the customer, to devise and implement a plan that effectively rehabilitates the credit and ultimately results in an upgrade in the loan classification.

Benefits

• Medical, Dental and Vision plan coverages are effective on your date of hire. Rabo offers multiple plan options and a full network of providers to best meet your needs.
• That’s why you can start participating in the 401(k) plan on your date of hire. Plus we match 50% of the first 6% you contribute to your 401(k) plan for US Employees. Rabo also contributes an additional 3% of your eligible pay in Safe Harbor contribution and up to 3% in annual Discretionary Profit Sharing contributions.
• We offer a generous paid time off program to full time employees: up to 20 days of vacation time, 5 days of additional time off plus 7 sick days and 11 US holidays annually (based on hire date during the calendar year).
• To do that, we offer both the time and financial support to give back to the community through our Dollars for Doers, Helping Hands and Gift Matching programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior