Special Assets Commercial Banker

At VyStar, we offer competitive pay, an excellent benefit package that includes a 401(k) Plan, an extensive paid technical and on-the-job training program, and tuition reimbursement--available to all full and part time employees. Part time positions start at a minimum of 30 hours per week.

We encourage you to become a part of VyStar Credit Union's family of employees.

The Special Assets Commercial Banker is an individual contributor role responsible for the active management, resolution, and risk mitigation of a large, complex portfolio of criticized, classified, and non performing commercial credit relationships. The role is accountable for protecting the Bank’s loan assets, ensuring accurate and timely risk identification, and executing disciplined credit strategies consistent with regulatory expectations and internal credit policy.

This position requires independent credit judgment, advanced financial analysis, and the ability to lead complex borrower situations involving restructuring, enforcement, exit, or liquidation. The Special Assets Commercial Banker serves as the primary relationship owner for assigned credits and acts as a trusted advisor to senior leadership, Credit, Risk, Legal, and Commercial Banking partners.

• Manage a portfolio of complex special assets relationships, typically consisting of 10-50 borrowers with individual out standings generally ranging up $50 million per relationship.
• Maintain full accountability for assigned credits, including borrower strategy, risk rating integrity, documentation quality, monitoring cadence, and resolution outcomes.
• Serve as the primary point of contact for borrowers, guarantors, and internal stakeholders throughout the lifecycle of problem credit management.

• Perform comprehensive financial and enterprise-level analysis to assess borrower viability, liquidity, cash flow sustainability, collateral coverage, and guarantor strength.
• Ensure timely and accurate risk ratings, classifications, accrual decisions, and impairment assessments in accordance with regulatory guidance and internal credit policy.
• Identify emerging risks and deteriorating trends early and take decisive action to mitigate loss exposure.
• Maintain complete, well‑supported credit files suitable for regulatory examination, including clear articulation of risk, mitigants, and management’s strategy.

• Develop, document, and execute formal plans of action for criticized and non-performing credits, including restructures, forbearance agreements, amendments, exits, note sales, and liquidation strategies.
• Lead borrower negotiations involving covenant violations, defaults, collateral deficiencies, guarantor support, and sponsor engagement.
• Maintain deep working knowledge of loan documentation, including credit agreements, covenants, guaranties, collateral perfection, mortgages, and intercreditor agreements.
• Partner with Legal to manage enforcement actions, including UCC remedies, foreclosure, receivership, bankruptcy proceedings, and asset disposition.

• Act as a key resource to Commercial Bankers, Portfolio Managers, and Credit Officers regarding problem credits and transition into Special Assets.
• Serve as a "player-coach," personally managing the most complex relationships while providing guidance and mentoring to analysts and junior associates.
• Prepare and present executive-level credit memoranda and materials for senior management, problem loan committees, and regulatory examinations.
• Fulfill first-line-of-defense responsibilities by…