VP, Special Assets Officer at Pathfinder Bank

Oswego, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

23 Dec, 25

Salary

0.0

Posted On

24 Sep, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Negotiation, Deal Structuring, Client Relationship Building, Financial Analysis, Credit Analysis, Strategic Portfolio Management, Collaborative Leadership, Market Insight, Risk Management, Loan Documentation, Problem-Solving, Communication, Collaboration

Industry

Banking

Description

Description Why Join Us? Impactful Work: Play a critical role in managing and recovering distressed assets. Career Growth: Opportunities for professional development and leadership within the organization. Competitive Compensation: Attractive salary and benefits package, including health insurance, employer matched retirement plan, and performance-based incentives. Collaborative Environment: Work alongside experienced financial professionals in a dynamic, results-driven setting. Summary/Objectives As a Vice President Special Assets Officer (VPSAO), you’ll play a pivotal role in implementing strategic recovery plans while maintaining strong relationships with borrowers by assessing distressed loans, negotiating repayment structures, and collaborating with internal teams and external stakeholders to mitigate risk and maximize recovery. This is more than a job—it’s an opportunity to leverage your expertise in commercial lending and credit risk to influence key decisions, collaborate with top financial minds, and contribute to the long-term success of both our clients and the bank. If you're looking for a dynamic role where challenges turn into opportunities and strategic thinking is valued, we invite you to be part of our team. Essential Functions Negotiation & Deal Structuring – Lead negotiations with borrowers, restructuring loans or identifying alternative repayment solutions that align with both bank and borrower interests. Client Relationship Building – Work directly with distressed commercial borrowers to understand their financial situations, negotiate repayment solutions, and create pathways for financial stability. Financial & Credit Analysis – Collaborate with analysts to evaluate loan structures, assess risk, and determine the best course of action for recovery and asset resolution. Strategic Portfolio Management – Take charge of a portfolio of classified commercial assets, assessing business viability and repayment sources to develop tailored recovery strategies. Collaborative Leadership – Serve as a mentor and resource for Commercial Lenders, Portfolio Managers, Credit Analysts, and other bank professionals, helping to strengthen overall risk management strategies. Market & Economic Insight – Stay ahead of regional and national economic trends, financing shifts, and industry developments to make informed lending and recovery decisions. Legal & Risk Management Coordination – Work closely with bank counsel to navigate complex loan proposals, commitment letters, and legal issues to secure optimal outcomes. Precision & Compliance in Loan Documentation – Oversee and verify that loan agreements are accurate, complete, and in full compliance with policy requirements. Requirements Education: Bachelor’s degree in Finance, Business, Economics, or a related field Experience: 3-5 years of experience in loan structuring, credit analysis, and financial statement review, with a focus on special assets or distressed debt resolution. Financial Expertise: Proven ability to assess borrower financial health, identify risks, and develop strategic recovery plans. Analytical & Technical Skills: Proficient in financial modeling, data analysis, and loan structuring using industry-standard tools and software. Negotiation & Problem-Solving: Demonstrated experience negotiating loan modifications, restructures, and workout agreements to drive positive outcomes. Regulatory Knowledge: Strong understanding of loan workout regulations, compliance guidelines, and banking policies related to distressed assets. Communication & Collaboration: Excellent written and verbal communication skills, with the ability to effectively engage with borrowers, legal counsel, internal stakeholders, and executive leadership

Responsibilities

As a VP Special Assets Officer, you will manage distressed assets by implementing recovery plans and maintaining relationships with borrowers. You will negotiate repayment structures and collaborate with internal and external stakeholders to mitigate risk and maximize recovery.