Special Asset Group Credit Officer II

Bank of America

. Directly manage a high-risk/criticized or distressed commercial loan portfolio .

Posted 11/10/2026full-timeGlendale • California • United StatesSeniorLead💰 $100,000 - $156,600 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates extensive experience in managing distressed commercial loan portfolios, executing credit resolution strategies, and ensuring compliance with regulatory standards. Proven ability to negotiate complex credit situations and mentor associates while maintaining strong communication across various stakeholders.

Highest-signal resume keywords

Commercial LendingCredit RestructuringFinancial AnalysisNegotiation SkillsRisk Management

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Credit AnalysisCollateral EvaluationRepayment Capacity AssessmentEnterprise ValuationCash Flow AnalysisCommercial Loan DocumentationPortfolio ManagementLegal Recovery ActionsAdversarial Collection ActionsPortfolio Review

Soft Skills

Strong Communication SkillsIndependent WorkInfluencing OutcomesMentoring

Industry Keywords

High-Risk Portfolio ManagementRegulatory ComplianceDistressed Credit RelationshipsSAG Process ImprovementsStakeholder Engagement

About the role

Key responsibilities & impact

Directly manage a high-risk/criticized or distressed commercial loan portfolio
Develop, negotiate, and implement comprehensive credit resolution strategies
Manage and oversee adversarial collection actions, including litigation, foreclosures, bankruptcies, and receiverships
Ensure compliance with bank policies and regulatory standards
Oversee portfolio asset quality through effective risk management practices
Conduct periodic portfolio reviews
Manage complex criticized, classified, and distressed commercial credit relationships through all stages of resolution
Execute restructurings, repayment plans, settlements, discounted payoffs, collateral dispositions, note sales, and legal recovery actions
Assess distressed relationships by evaluating borrower performance, collateral, guarantor strength, industry conditions, and legal considerations
Negotiate with borrowers and key stakeholders and present recommendations and portfolio updates to senior leadership and risk partners
Monitor portfolio performance, recovery trends, and risk migration
Support forecasting, reserves, and criticized asset reporting
Mentor associates and serve as a resource on complex credit situations and SAG process improvements
Partner with senior leadership, Credit Risk, Legal, and line-of-business partners to maximize recoveries, minimize losses, and protect the Bank’s interests

Requirements

What you’ll need

7+ years of experience in corporate workout, credit restructuring, or related risk management
Extensive knowledge of commercial lending, credit analysis, commercial loan documentation, collateral analysis, and commercial credit structures
Proven negotiation skills and experience leading borrower, sponsor, legal, and lender discussions
Strong financial analysis skills, including cash flow analysis, collateral evaluation, repayment capacity assessment, and enterprise valuation concepts
Ability to exercise sound credit judgment and make decisions in complex, time-sensitive situations
Proven ability to work independently while influencing outcomes across multiple internal and external stakeholders
Strong communication skills; ability to communicate vertically, horizontally, and externally
Industry knowledge across multiple sectors
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
1st shift (United States of America)
Availability for 40 hours per week

Benefits

Comp & perks

Affordable, competitive and flexible benefits
Support for physical, emotional, and financial wellness
Opportunities to learn, grow, and build a career
Annual discretionary incentive award eligibility
Paid time off
Resources and support to employees