Manager, Special Assets (1139143)

Location: Sacramento, CA

Salary: $125,000.00 USD Annually - $155,000.00 USD Annually

Description: Manager, Special Assets

Location: Sacramento, CA (Hybrid – 3 days onsite, 2 days remote)

Compensation: $124,700 – $155,000 annually

About The Opportunity

The Manager, Special Assets is responsible for developing and executing workout strategies that minimize losses, preserve collateral value, and support the long-term financial health of the organization.

The ideal candidate brings strong expertise in commercial real estate (CRE), commercial and industrial (C&I) lending, loan restructures, recoveries, and special assets management. Candidates with substantial experience in Credit Administration will also be considered.

Responsibilities

• Manage a portfolio of criticized, classified, and non-performing CRE and C&I loans.
• Develop and implement workout strategies, including restructures, repayment plans, settlements, collateral liquidation, and exit strategies.
• Negotiate loan modifications, forbearance agreements, and settlements with borrowers, guarantors, and legal counsel.
• Coordinate foreclosure actions, bankruptcy proceedings, litigation, receiverships, and collateral disposition efforts.
• Analyze borrower financial statements, guarantor strength, cash flow, and collateral performance to determine appropriate risk ratings and action plans.
• Recommend risk grade changes consistent with internal policy and regulatory expectations.
• Prepare portfolio reporting for management, committees, auditors, and regulatory examiners.
• Support CECL reserve forecasting, impairment analysis, and charge-off recommendations.
• Partner with Business Lending, Credit Administration, Finance, Legal, and third-party vendors to identify and mitigate emerging credit risks.
• Provide leadership, coaching, and technical guidance to analysts and support staff while contributing to process improvements and best practices.
  
  

Qualifications

Required

• Bachelor's degree in Finance, Accounting, Business, Economics, or a related field, or an equivalent combination of education and experience.
• Seven or more years of experience in commercial lending, special assets, workout management, credit administration, or related functions.
• Experience managing criticized, classified, and non-performing commercial loan portfolios.
• Demonstrated success executing restructures, workouts, settlements, and collateral liquidation strategies.
• Experience working with legal counsel, third-party vendors, and internal stakeholders to resolve complex commercial credit situations.
  
  

Preferred

• Prior supervisory experience or demonstrated leadership of analysts, portfolio managers, or support staff.
• Knowledge of CECL, reserve methodologies, impairment analysis, and regulatory examination processes.
• Familiarity with foreclosure proceedings, bankruptcy claims, litigation support, and receivership actions.
  
  

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Contact: slee@judge.com

This job and many more are available through The Judge Group. Find us on the web at www.judge.com