Senior Credit Workout Officer

Northwest Bank

. Meet with borrowers and evaluate management teams and business plans to determine whether to retain or exit credit .

Posted 10/21/2026full-timeUnited StatesSeniorWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in commercial lending, including special assets and loan review, with strong analytical skills to evaluate financial statements and develop effective workout strategies. Proficient in establishing relationships, negotiating agreements, and ensuring compliance with regulations.

Highest-signal resume keywords

Commercial Lending ExperienceFinancial Statement AnalysisNegotiation SkillsLoan Documentation IntegrityRelationship Building

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Credit AnalysisWorkout ProceduresBankruptcy ManagementForeclosure CoordinationData AnalysisJudgment AcquisitionCharge-Off InitiationAsset LiquidationLoan ReviewLoss Mitigation Strategies

Soft Skills

Effective CommunicationProblem SolvingTeam CollaborationOrganizational SkillsActive Listening

Tools & Technologies

Microsoft OfficeDepartment-Specific SoftwareOn-Site Equipment

Industry Keywords

Commercial LendingSpecial AssetsCredit GradesWorkout PoliciesFederal/State Regulations

About the role

Key responsibilities & impact

Meet with borrowers and evaluate management teams and business plans to determine whether to retain or exit credit
Negotiate with professionals to establish workout or exit plans
Ensure integrity of loan documentation and confirm perfection of collateral
Analyze financial statements and identify and resolve issues
Record agreements and conversations
Prepare correspondence, documentation, reviews, and quarterly reports
Discuss credit grades and workout procedures
Issue demand letters and monitor collection activity and bankruptcies
Obtain judgments, coordinate foreclosures, and prepare for litigation
Establish, report, and monitor workout or exit plans and agreed payment terms
Locate and inspect collateral and order appraisals
Coordinate liquidation and sale of assets with staff and counsel
Initiate charge-offs and write-downs
Interact with other financial institutions and examiners
Recommend loss mitigation strategies and improvements to workout policies and procedures
Partner with loan officers and build relationships with internal customers
Work with minimal direct supervision using independent judgment and decision-making
Maximize technology tools and minimize departmental costs
Work as part of a team and follow safety and loss prevention procedures

Requirements

What you’ll need

Bachelor's Degree in business, accounting, finance, or related subject matter
8–12 years of experience in an area related to commercial lending, including special assets, loan review, credit, and/or lending
Ability to establish effective working relationships 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 the open exchange of ideas
Ability to establish courses of action, develop tracking systems, monitor work progress, and effectively use time and information
Ability to make sound decisions using perceptive and analytical processes and good judgment in gray areas
Team player
Good organizational skills
Ability to analyze data, bankruptcy, foreclosures, and repossession
Ability to navigate Microsoft Office software, computer applications, and department-specific software
Ability to work with on-site equipment
Ability to comply with Northwest’s policies and procedures and federal/state regulations

Benefits

Comp & perks

Equal opportunity employer
Inclusive work environment
Reasonable accommodations for individuals with disabilities