VP, Special Assets Officer

Position Overview

Genesis Capital seeks a VP, Special Assets Officer to assist the SVP, Manager of Special Assets and Credit/Risk Management teams in resolving complex and troubled loan situations. The role maximizes recovery value and minimizes risk across work‑with and workout strategies.

• Provide comprehensive guidance to Credit Risk and the Credit Committee on early identification and resolution of troubled loans, including foreclosure and OREO strategies aligned with market conditions.
• Lead and actively participate in Troubled Loan Review processes.
• Serve as the primary servicing officer for complex troubled loans, including commercial, multifamily, and construction assets.
• Expertise in foreclosure processes, restructuring loans through forbearance agreements, and managing note‑sale networks.
• Build and maintain strong, solution‑oriented borrower relationships.
• Conduct complex financial, collateral, and legal analysis; perform cash‑flow and valuation analysis of multifamily properties nationwide, construction budgets, and borrower/guarantor financial capacity.
• Deliver clear written and verbal recommendations to leadership.
• Maintain strong internal communication across multiple teams.
• Partner with internal and external legal counsel on foreclosure and litigation strategies in U.S. jurisdictions.
• Consistently and accurately monitor borrower performance; adjust strategies and communicate accordingly.
• Track loan performance and conduct impairment with gain/loss analysis using Excel and internal systems.
• Support origination teams with complex loan issue resolution.
• Expertise in loan servicing, tracking collateral, and processing partial releases.

• Bachelor’s degree required;
  Master’s preferred.
• 10+ years in CRE loan workouts and credit risk.
• Experience with complex commercial, multifamily, and construction loans.
• Knowledge of multi‑state foreclosure laws and regulatory environment strongly preferred.
• Advanced Excel and financial modeling skills required.
• Exceptional oral and written communication skills.
• Strong relationship management and negotiation abilities.
• Ability to analyze complex situations and make independent recommendations.
• Effective multitasking and prioritization skills.
• High attention to detail in data tracking and reporting.
• Advanced Excel proficiency.
• Strong collaboration and stakeholder communication skills.
• Confidence in managing difficult borrower conversations.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

$140,000 - $185,000 per year.

On‑site required; this is not a remote role.

We are an equal opportunity employer and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status.