Senior Loan Workout Specialist - Vice President (Los Angeles, CA)
Are you an experienced finance professional with a strong background in managing distressed loan portfolios? If you're ready to take on complex credit situations and lead impactful restructuring efforts, this opportunity in Los Angeles, CA, could be the perfect next step in your career.
We're partnering with a leading financial institution to find a Senior Loan Workout Specialist. In this key role, you will manage distressed corporate loans, leveraging your expertise to maximize recoveries and reduce losses. You'll play a central role in driving solutions on high-profile, intricate financial transactions while collaborating with a talented and dynamic team.
What You'll Be Doing:
- Oversee and manage a portfolio of distressed corporate loans, including syndicated credits and project finance deals, with a focus on resolving complex situations.
- Conduct in-depth financial statement analysis, cash flow assessments, and corporate valuations to guide restructuring decisions and workouts.
- Take charge of negotiations with borrowers, legal teams, and external partners to ensure successful outcomes and optimal recovery strategies.
- Develop and execute action plans to resolve troubled credits, considering loan sales, refinancing, and asset liquidations as needed.
- Represent the company in steering committee discussions and key negotiations, ensuring our interests are well-represented.
- Keep senior management informed with regular updates on portfolio performance, borrower ratings, and regulatory changes, offering strategic recommendations.
- Mentor and support junior team members, ensuring their development and success within the organization.
What We're Looking For:
- Bachelor's degree in Finance, Business Administration, Accounting, or related field (MBA preferred).
- At least 7 years of experience in wholesale banking, credit risk management, loan workouts, or turnaround consulting.
- Strong expertise in financial statement analysis, distressed credit management, and loan restructuring.
- A proven track record in managing complex loan portfolios and driving successful restructuring initiatives.
- Excellent negotiation and communication skills, with the ability to work well with both internal and external stakeholders.
- Advanced proficiency in financial analysis tools such as Bloomberg, Moody's, Excel, and others.
- Ability to manage multiple competing priorities and problem-solve effectively in a fast-paced environment.
Why You Should Apply:
- Competitive salary ranging from $150K - $200K, based on experience.
- Discretionary performance bonuses and a comprehensive benefits package.
- A dynamic, supportive work environment where your contributions are recognized, and your career growth is a priority.
If you're ready to take on high-level challenges and work with a leading financial institution, we want to hear from you. This is a fantastic opportunity to make a significant impact while advancing your career in the heart of Los Angeles.
Apply Now.