Special Assets Group Corp​/Comm Sr Portfolio Officer

Job Overview

The Special Assets Group (SAG) Senior Portfolio Officer is responsible for managing a portfolio of problem commercial credit exposures, focusing on complex and high‑risk credits. The role protects the bank’s interests by developing and executing effective workout and resolution strategies to reduce losses and maximize revenue and client retention.

• Manage a portfolio of criticized or distressed commercial leasing relationships from strategy development through resolution.
• Develop and execute remediation, workout, restructuring, or exit strategies based on lessee performance, lease structure, collateral value, and contractual terms.
• Serve as the primary point of contact for lessees and coordinate engagement with internal partners, legal counsel, asset management teams, and external stakeholders.
• Evaluate ongoing lessee financial performance and its impact on lease economics, collateral recovery prospects, and credit risk exposure.
• Prepare credit approval documents, justify recommended strategies, and present to senior leadership for decisioning.
• Lead negotiations related to lease modifications, restructurings, asset disposition strategies, or enforcement actions.
• Support asset quality forecasting and reporting efforts.
• Ensure compliance with internal credit policies and applicable regulatory requirements.
• Collaborate with LOB partners, legal teams, and external bank groups to drive resolution outcomes.
• Coach and mentor junior associates on the team to develop credit and corporate workout skills.

• 7+ years of experience in commercial credit, leasing, structured finance, credit restructuring, or related risk management.
• Demonstrated experience managing criticized or distressed leasing relationships.
• Strong understanding of lease structures, collateral considerations, and credit risk implications.
• Proven ability to apply sound judgment in ambiguous or judgment‑intensive credit situations.
• Credit analysis and underwriting skills, including risk rating, structuring, and covenant assessment.
• Strong communication skills; ability to communicate vertically, horizontally, and externally.

• Knowledge of Business Law, contracts, and bankruptcy law.
• Ability to work independently on complex transactions while exercising sound credit judgment.
• Knowledge of ancillary banking products, such as credit products, treasury services, derivatives, commercial cards, and deposits.
• Knowledge of Commercial Credit Structure.
• Strong negotiation skills and strategic thinking with attention to detail.

• Adaptability
• Collection Management
• Critical Thinking
• Problem Solving
• Risk Management
• Credit and Risk Assessment
• Decision Making
• Financial Analysis
• Legal Structures and Legal Forms
• Underwriting
• Client Management
• Loan Structuring
• Negotiation
• Oral Communications
• Written Communications

Shift: 1st shift (United States of America)

Hours per week: 40

Annual salary: $ – $ (based on experience, education, and skill set). Eligible for annual discretionary incentive plan. Benefits include industry‑leading benefits, paid time off, and support for physical, emotional, and financial well‑being.

Privacy Statement: