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Special Assets Officer (Consulting)
- SolomonEdwards (Helena, MT)
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About Us
SolomonEdwardsGroup, LLC (“SolomonEdwards”) is a full-service professional services firm offering financial, operational, and technology consulting and operations support. We work with some of the world’s most prominent companies to help them envision and achieve a better future. We know that our consulting services are only as meaningful as the people and talent behind them, and we are committed to recruiting incredibly talented, committed, and collaborative individuals who can help us deliver exceptional client service. For more information, visit SolomonEdwards
Position Summary:
We are seeking a Special Assets Officer to join a leading U.S.-based regional bank focused on community development, affordable housing, and mission-driven lending. This remote role involves managing high-risk and defaulted multifamily and commercial real estate loans, many supported by Federal Home Loan programs, through proactive workout strategies, collections, restructures, and legal resolutions. This position supports the bank’s social impact mission by improving performance across distressed lending portfolios.
Essential Duties:
• Manage a portfolio of criticized, classified, and non-performing multifamily, CRE, and commercial loans, including Freddie Mac loans.
• Develop and execute tailored workout strategies (restructures, extensions, forbearance agreements, repayment plans, and collateral liquidation).
• Conduct detailed financial, collateral, property performance, and guarantor analyses to assess risk and recommend action plans.
• Lead initiative-taking collection efforts and negotiate directly with borrowers and guarantors to improve recovery outcomes.
• Partner with Legal on foreclosure, bankruptcy, receivership, litigation, and enforcement actions.
• Prepare clear, comprehensive credit memos, impairment analyses, and updates for senior leadership and credit committees.
• Collaborate with internal partners across credit administration, operations, compliance, finance, and servicing.
• Maintain accurate records, documentation, risk ratings, and reporting to support audits and regulatory reviews.
• Stay current with Federal Home Loan Bank standards and all applicable regulatory requirements.
Qualifications:
• Bachelor’s degree in finance, Accounting, Business Administration, Real Estate, or related field.
• 8–10 years of experience in commercial loan workouts, special assets, commercial credit, or related functions.
• Experience managing commercial real estate loans.
Skills and Job-Specific Competencies:
• Strong commercial credit and financial analysis skills, including property evaluation.
• Advanced negotiation skills with the ability to navigate complex borrower conversations.
• Deep knowledge of CRE structures, collateral valuation, foreclosure, bankruptcy, and legal recovery processes.
• Ability to develop and execute sound workout strategies in high-pressure scenarios.
• Excellent communication and presentation skills, including executive-level documentation.
• Strong organization and prioritization skills with the ability to manage a high-volume distressed portfolio.
• Proficiency in Microsoft Office and familiarity with banking systems and credit/risk platforms.
**Travel Requirements:** No travel will be required, unless at the client's discretion.
**Physical Requirements:** The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be provided to qualified applicants or candidates with disabilities upon request to enable them to perform essential functions. This role may require mobility to attend in-person meetings, sitting or standing for extended periods, and the use of telephone, computer, or other electronic communication devices.
**Salary Range:** SolomonEdwards values your unique and individual experience and background. As such, we take a comprehensive approach when determining compensation for our roles. The compensation for this specific role is based on a wide range of factors, including but not limited to education, licensure and certifications, location, experience, and training. A reasonable estimate for the current hourly range for this role is $75+.
**Benefits:** We are committed to providing health and financial stability by offering a comprehensive suite of benefits. Benefits include access to top-tier employers and job opportunities, health insurance, sick leave, and 401(k).
**Inclusion and Diversity Statement:** SolomonEdwards is an Equal Opportunity/Affirmative Action employer. We firmly believe in fostering an inclusive and diverse workplace environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, veteran status, or any other characteristic protected by applicable laws. All employees, including managers and supervisors, are responsible for upholding our EEO and diversity principles. Discrimination or harassment of any kind will not be tolerated.
We value the contribution and wisdom of the team. At SolomonEdwards, we have built a vibrant and inclusive community. Our team members are curious, committed, and diverse. In keeping with our mission to build value through people, we cultivate a culture where differences are celebrated, and all members are treated fairly and equitably. Employees, business partners, and our extended stakeholder family are empowered to share their experiences, ideas, and perspectives and to be their whole selves.
**Privacy:** We adhere to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. Copy/paste this URL to learn more about your rights: SolomonEdwards' Privacy Policy.
**Our Recruiter Promise:** Our talent acquisition team prioritizes integrity, professionalism, and transparency in every interaction. When you engage with SolomonEdwards, you can trust a respectful, secure experience from verified contacts. Copy/paste this URL to learn more about how we protect your candidate experience: Recruiter Promise.
### Place of Work
Remote
### Requisition ID
30
### Job Type
Contract
### Application Email
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