Special Loans Manager

Job Description

Responsible for restructuring large and very complex problem loans. Independently analyzes loans and determines the most effective strategy to secure the repayment and/or collection of the debt.

Negotiates with debtors or their representatives to secure repayment agreements and monitors adherence to the terms of repayment agreements.

Provides technical advice and assistance to lenders regarding the early identification and evaluation of deteriorating loan situations in order to minimize losses and maximize recoveries.

Maintains current knowledge of all laws, regulations, and rulings concerning insolvency, bankruptcy, etc.

Collaborates closely with a team of workout professionals.

Basic Qualifications
:

• Bachelor's degree in Business or related field, or equivalent work experience.
• Seven to ten years of experience in commercial lending and loan services activities.

Preferred Skills/Experience
:

• Expert knowledge of specialized lending collections.
• Proficient in navigating complex, sensitive, and challenging situations.
• Advanced knowledge of commercial lending, loan services and credit policy/procedure.
• Advanced knowledge of loan collections and workout, loan processing/documentation and credit analysis.
• Excellent problem‑solving and decision‑making skills.
• Strong interpersonal and verbal and written communication skills.

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer‑funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet‑based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.

U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

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