Special Loans Manager

U.S. Bank • Tempe, AZ

5h • Hybrid

About The Position

The Special Loans Manager is responsible for restructuring large and very complex problem loans. The role independently analyzes loans and determines effective strategies to secure debt repayment or collection, negotiates repayment agreements with debtors or their representatives, and monitors compliance with those agreements. The manager also provides lenders with technical guidance on early identification and evaluation of deteriorating loan situations to minimize losses and maximize recoveries, while maintaining current knowledge of laws, regulations, and rulings concerning insolvency and bankruptcy. Strong financial analysis skills, including independently spreading financial statements and analyzing results, are required.

The position requires working from the listed U.S. Bank location three or more days per week.

Requirements

• Bachelor's degree in Business or a related field, or equivalent work experience.
• Seven to ten years of experience in commercial lending and loan services activities.
• Strong financial analysis skills, including the ability to spread financial statements independently and analyze results.

Nice To Haves

• Expert knowledge of specialized lending collections.
• Advanced knowledge of commercial lending, loan services, and credit policy and procedures.
• Advanced knowledge of loan collections and workout, loan processing and documentation, and credit analysis.
• Excellent problem-solving and decision-making skills.
• Strong interpersonal, verbal, and written communication skills.

Responsibilities

• Restructure large and very complex problem loans.
• Independently analyze loans and determine strategies to secure repayment or collection of debt.
• Negotiate repayment agreements with debtors or their representatives.
• Monitor adherence to repayment agreement terms.
• Provide lenders with technical advice and assistance on early identification and evaluation of deteriorating loan situations to minimize losses and maximize recoveries.
• Maintain current knowledge of laws, regulations, and rulings concerning insolvency, bankruptcy, and related matters.
• Independently spread financial statements and analyze results.

Benefits

• Healthcare coverage, including medical, dental, and vision.
• Basic term and optional term life insurance.
• Short-term and long-term disability insurance.
• Pregnancy disability and parental leave.
• 401(k) and employer-funded retirement plan.
• Paid vacation, from two to five weeks depending on salary grade and tenure.
• Up to 11 paid holiday opportunities.
• Adoption assistance.
• Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
• Incentive and recognition programs.
• Equity stock purchase.
• Pension, subject to eligibility requirements.

What This Job Offers

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