Special Assets Associate

The Special Assets Associate is responsible for managing, monitoring, and recovering high-risk, delinquent, or otherwise problematic loans across Archwest's business purpose lending portfolio, including bridge, fix-and-flip, and ground-up construction loans. This role plays a direct part in protecting asset quality and portfolio performance over the life of the loan, working cross-functionally with Legal, Credit, Capital Markets, Accounting and Operations to mitigate losses and maximize recovery outcomes.

• Loan Review & Analysis
  :
  Examine and analyze loans for errors, risks, and performance issues; identify and report discrepancies in loan or collateral documentation
• Problem Loan Management
  :
  Oversee and monitor bridge, fix-and-flip, and ground-up construction loans secured by real estate, including those in default or under legal action
• Collection & Workout Strategies
  :
  Negotiate with borrowers, third parties, and vendors to restructure loans, modify terms, or reach repayment agreements
• Collateral Management
  :
  Assess, preserve, and liquidate real estate collateral, including REO property management, in a way that minimizes liability and maximizes recovery
• Legal & Dispute Resolution
  :
  Initiate and monitor legal actions, work with outside professionals, and coordinate with legal counsel on enforcement and foreclosure timelines
• Bankruptcy Monitoring: Monitor borrower bankruptcy filings and coordinate with legal counsel on automatic stay compliance and case implications
• Cross-Functional Coordination: Partner with Capital Markets and warehouse lenders on defaulted or non-performing loans that may impact financing facility compliance or reporting
• Reporting & Compliance
  :
  Prepare and submit regular reports (e.g., monthly status logs, REO reports, charge-off/recovery logs) to management
• Documentation & Recordkeeping
  :
  Maintain accurate, complete records of all loan-related documents and transactions
• Training & Supervision
  :
  Assist in training junior staff and supporting team leadership
• Data & System Use
  :
  Update loan information in databases, use office software (Excel, Word, Outlook, PowerPoint) and approved AI tools to support daily tasks, and comply with lender’s security and data protection policies

• Education
  :
  Bachelor’s degree in finance, accounting, economics, or a related field
• Experience
  :
  Prior experience in loan servicing, loan workout, special assets, or credit administration is preferred , ideally gained at a bank, credit union, trust company, loan servicing firm, or asset management firm
• Skills
  :
  Strong analytical and problem-solving abilities, attention to detail, mathematical aptitude are required. Preferred qualifications include knowledge of state foreclosure laws (particularly judicial vs. non-judicial foreclosure states) and familiarity with loan servicing platforms.
• Soft Skills
  :
  Excellent communication, negotiation, and customer service skills; ability to work under pressure and manage complex cases.

• Setting
  :
  On-site at Archwest's Irvine, CA headquarters, working closely with Legal, Credit, Capital Markets, Accounting, and Operations teams
• Work Hours
  :
  Full-time, often with overtime due to case deadlines.
• Travel
  :
  May require site visits to borrowers or collateral locations (0–10% travel in some roles)