Critical Senior Workout Officer needed for well respected organization

Would you like to be part of a workout group where the focus is on working out the deals and preserving relationships, rather than getting rid of the assets? Do you have a passion for this kind of work and want to be part of a very well run group where you will be an integral part of the bank’s success and very visible to senior management? Our client is a well run and profitable group that is being proactive in staying ahead of their problem assets. The individual who runs this group was banker of the year for this bank because of his contributions and is a very well respected workout professional and mentor. As this bank believes in promoting from within, there is a terrific long-term career opportunity here. In this role, you will be responsible for working out a $50 million portfolio of all types of commercial and commercial real estate credits. There will be a bonus opportunity in the range of 20% of base salary. As this is a critical role in the success of the bank, you will be able to rub shoulders with senior management and your accomplishments will be noticed.  The bank will provide a relocation package. If this sounds like the opportunity for you, please reply for immediate consideration.    Minimum requirements:1)  Bachelors degree or equivalent work experience2)  Five years of commercial loan workout experience3)  Extensive knowledge of commercial lending law, bankruptcy law, and cash flow analysis.  Preferred experience: 1)  Commercial real estate experience Our Client offers:1)  Competitive compensation to include bonus program and 401k match. 2)  Medical and dental benefits and PTO We regret that we cannot accept applications from candidates who do not possess all of the specified minimum requirements. This position will be located in Salt Lake City. Relocation assistance will be provided.  For more details and immediate consideration, please email your resume in Word format to mgfresume@mrislc.com , noting the job title and id/refcode in the subject line. MRINetwork is the largest and most successful search organization in the world. Each MRINetwork office is a single point of contact to over 1,100 offices in more than 37 countries, our candidates have access to the right jobs virtually anywhere in the world. LOCATION: Salt Lake City, UT 84101 JOB CATEGORY: Banking/Real Estate/Mortgage Professionals TYPE: Full Time, Employee JOB REFCODE: mgf6882 COMPANY: MRINetwork CONTACT NAME: Mike Field EMAIL: Apply by Email