Credit Workout Officer III

Northwest Bank

. Recommend the best loss-mitigation strategy to Northwest .

Posted 10/21/2026full-timeUnited StatesMid-LevelSeniorWebsite

Core Competencies

Role fit

Core Competencies

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

Demonstrates expertise in commercial lending, credit administration, and special assets management, with a strong focus on financial analysis, risk assessment, and compliance with regulations. Proven ability to build relationships, improve processes, and make informed decisions in a team-oriented environment.

Highest-signal resume keywords

Commercial Lending ExperienceFinancial Statement AnalysisRisk Assessment and ManagementSBA Standard Operating Procedures (SOP)Compliance with Regulations

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Financial AnalysisLoan ReviewCredit AdministrationUnderwritingData AnalysisWorkflow ImprovementLoan StructuringJudgment and Decision-MakingMacroeconomic MonitoringAsset Liquidation

Soft Skills

Effective CommunicationTeam CollaborationProblem SolvingOrganizational SkillsInterpersonal Skills

Tools & Technologies

Microsoft OfficeDepartment-Specific SoftwareWord Processing SoftwareSpreadsheet Software

Industry Keywords

Special AssetsCredit Risk ProfilesBankruptcy ProcessesForeclosure ProcessesSBA 7 and 504 LoansLoan RecapsWorkout ProceduresCollection Activity MonitoringCompliance and Audit ManagementJudgments and Demand Letters

About the role

Key responsibilities & impact

Recommend the best loss-mitigation strategy to Northwest
Improve the quality and processes of the Special Assets area
Meet with borrowers and evaluate management teams and business plans to determine whether to retain or exit credit
Prepare loan recaps
Spread, review, and analyze financial statements for new loans, maturity extensions, restructures, and renewals
Conduct annual reviews and assign risk ratings
Recommend appropriate loan structures
Identify credit strengths, weaknesses, and mitigating factors
Determine appropriate underwriting and due-diligence levels for credit risk profiles
Participate in joint calls with workout staff as needed
Monitor macroeconomic issues in local markets
Engage counsel on behalf of Northwest when appropriate
Discuss grades and workout procedures
Issue demand letters
Monitor collection activity and bankruptcies
Obtain judgments
Establish and report workout plans and agreed payment terms
Locate and inspect collateral
Partner with loan officers
Coordinate acquired-asset sales, asset liquidation, legal actions, and foreclosures
Order appraisals
Initiate charge-offs and write-downs
Work with minimal direct supervision using independent judgment and decision-making
Prepare management and litigation reports
Manage compliance and audit-related matters within the area of responsibility
Participate in special projects, quarterly SAG Watch Calls, and Crit Form preparation
Remain current on bank rules and Credit Administration regulations
Recommend procedure improvements
Build relationships with internal customers
Monitor, develop, and revise workflows and procedures to improve efficiency and minimize expenses
Manage the workout process for SBA 7 and 504 loans
Ensure compliance with Northwest policies, procedures, and federal/state regulations
Abide by safety and loss-prevention procedures and report workplace injuries or emergencies

Requirements

What you’ll need

Bachelor's Degree or related subject matter
5–6 years of experience in an area related to commercial lending, including special assets, loan review, credit administration and/or lending
Ability to establish effective working relationships among team members and participate in solving problems and making decisions
Ability to present and express ideas and information clearly and concisely, orally or in writing
Ability to actively listen, share information, and facilitate open exchange of ideas
Ability to establish courses of action, develop and use tracking systems, and effectively use time and information
Ability to make sound decisions using perceptive and analytical processes and good judgment
Team player
Strong organizational skills
Proven organizational and critical-thinking skills
Ability to analyze detailed financial data
Strong computer skills, including word processing and spreadsheets
Excellent interpersonal skills with a team-oriented approach
Ability to analyze data and understand bankruptcy, foreclosure, and repossession processes
Familiarity with and knowledge of SBA Standard Operating Procedures (SOP)
Ability to navigate Microsoft Office software, computer applications, and department-specific software
Ability to work with on-site equipment

Benefits

Comp & perks

Full-time employment
Equal opportunity employer
Inclusive work environment