What are the responsibilities and job description for the Senior Loan Workout Specialist - VP (Houston, Texas) position at Broadgate?
Senior Loan Workout Specialist – Vice President (Houston, TX)
Are you an experienced finance professional with a passion for managing distressed loan portfolios? If you're ready to navigate complex credit situations and drive successful restructuring efforts, we have a fantastic opportunity for you in Houston, TX.
We are collaborating with a prestigious financial institution to find a Senior Loan Workout Specialist. In this influential role, you will oversee and resolve distressed corporate loans, applying your expertise to deliver optimal recovery outcomes and minimize potential losses. You'll work on intricate, high-profile deals and be a key player within a dynamic, forward-thinking team.
Key Responsibilities:
- Manage a portfolio of distressed loans, including syndicated credits and project finance transactions, taking the lead in resolving complex situations.
- Analyze financial statements, cash flows, and key performance indicators to develop effective restructuring and workout strategies.
- Lead negotiations with borrowers, legal teams, and external stakeholders to maximize recoveries and minimize losses.
- Develop and implement tailored action plans to address underperforming credits, including loan sales, asset liquidation, or refinancing options.
- Represent the organization in strategic meetings and steering committees to ensure the company’s interests are prioritized.
- Provide regular updates to senior management on portfolio performance, borrower ratings, and regulatory changes, offering recommendations for action.
- Mentor junior team members, guiding their growth and ensuring they thrive in a high-performing environment.
What We’re Looking For:
- Bachelor’s degree in Business Administration, Finance, Accounting, or related discipline (MBA preferred).
- At least 7 years of experience in wholesale banking, credit risk management, loan workouts, or turnaround consulting.
- Strong knowledge of financial statement analysis, distressed credit management, and loan restructuring.
- Proven track record in successfully managing distressed loan portfolios and leading complex restructuring initiatives.
- Excellent negotiation skills, with the ability to work effectively with both internal teams and external partners.
- Advanced proficiency in financial analysis tools such as Bloomberg, Moody’s, and Excel.
- Ability to manage multiple priorities and solve problems effectively in a fast-paced environment.
Why You Should Apply:
- Competitive base salary of $155K - $200K, based on experience.
- Discretionary performance-based bonuses and a robust benefits package.
- A collaborative environment that supports your professional growth and development.
This is an exceptional opportunity to make a significant impact within a leading financial institution. If you have the expertise and drive to manage complex distressed loans, we want to hear from you!
Apply Today!
Salary : $150,000 - $200,000