# Special Assets Officer - To 155K - Schaumburg, IL - Job 3764-6264

**Company:** [The Symicor Group](http://jobs.workable.com/companies/pu1MkKsFFgTUpmf53CMTna.md)
**Location:** Schaumburg, United States
**Workplace:** on site
**Employment type:** Full-time

[Apply for this job](http://jobs.workable.com/view/8beee071-a0ff-48d4-ba03-78c8d539b2bf)

## Description

### Special Assets Officer  – To $155K – Schaumburg, IL – Job # 3764-6264

### Who We Are

### The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

### We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

### The Position

### Our client is seeking to fill a Special Assets Officer role in the Schaumburg, IL area. The position is responsible for overseeing portfolios that are distressed, delinquent, or high-risk commercial loans, developing strategies to maximize recovery and minimize losses.

### This position comes with a generous salary of up to $155K and full benefits package. (This is not a remote position).

### Special Assets Officer responsibilities include:

-   ### Develop and implement a workout plan to rehabilitate loans or facilitate orderly exits.
    
-   ### Prepare Credit Reviews to assess asset quality, including performance against original underwriting expectations.
    
-   ### Work with legal counsel on bankruptcies, foreclosure actions, and debt restructurings.
    
-   ### Experience writing policies and procedures for collateral monitoring, workouts, and periodic loan reviews.
    
-   ### Report on the assigned portfolio, including asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis.
    
-   ### Draft memos for any substantial changes in a borrower’s financial stability or ownership structure.
    

### Who Are You?

### You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

### You also bring the following skills and experience:

-   ### 7+ years in commercial banking, credit analysis, or special assets/loan workout.
    
-   ### Deep experience with financial analysis.
    
-   ### College degree preferred.
    
-   ### Working knowledge of commercial lending, e.g. commercial real estate, construction and C&I products.
    

### The next step is yours. Email us your current resume along with the position you are considering to:

### resumes@symicorgroup.com