SAG Workout Officer IV

General Function

Works in the Special Assets Group Corporate & Investment Banking Vertical Specialty Lending team to assist and direct in the orderly liquidation/exit and rehabilitation of the very large and complex credits with a high dollar impact to the organization. Collaborates with the Portfolio Manager to maintain the portfolio by monitoring credits, formulating, and driving strategic plans to maximize returns to the Bank.

• Collection of past‑due accounts
• Formulate and execute exit strategies on the largest and most complex administrative loans
• Recommend/negotiated best course of action on the largest and most complex administrative loans
• Collaborate with Portfolio Managers to obtain necessary financial information required to properly track financial covenants, exceptions, and prepare approvals
• Work closely with and assist the CIB Verticals on potential trouble credits
• Identify potential loss on administrative credits
• Complete required reporting, such as ALSR’s on administrative credits
• Maintain adequate credit/collateral files
• Identify when legal counsel is required given transaction complexity
• Serve as coach and mentor to junior workout officers
• Attend admin loan meetings to present collection updates and strategy
• Other duties as assigned

• Bachelor’s Degree in accounting, finance or economics preferred; equivalent work experience required
• Typically requires 10 years workout or related banking experience
• Deep understanding of credit policies, procedures and decisioning tools
• Knowledge of bankruptcy law and related legal proceedings
• Strong oral, written communication and negotiation skills
• Ability to access, analyze and recommend the best course of action in difficult credit situations
• Analytical and problem‑solving skills
• PC proficiency with Windows‑based word processing and spreadsheet applications

• Normal office environment with little exposure to dust, noise, temperature and the like
• Extended viewing of a CRT screen
• Travel required

Base salary range: $ – $ USD annually. Eligible to participate in an incentive compensation plan based on company, line of business, and/or individual performance. Comprehensive benefits program supports physical, financial, emotional, and social well‑being. Details at

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.