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Vp Commercial Lender/special Assets Manager

United States, Minneapolis · Job Posted March 22, 2026
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Job Description

We are looking for an experienced VP Commercial Lender/Special Assets Manager to join our team in Minneapolis, Minnesota. In this role, you will focus on managing and developing commercial lending relationships, while strategically addressing special assets and loan workouts. This position requires strong expertise in credit risk assessment, portfolio management, and business development to ensure the bank’s financial success and compliance with regulatory standards.

Job Responsibility

  • Develop, propose, and execute effective workout and liquidation strategies for problem loans, aiming to mitigate risk and maximize recovery
  • Analyze loan documents, borrower financials, and collateral details to assess repayment capacity and recovery potential
  • Collaborate with commercial bankers to resolve problematic loans and ensure successful outcomes
  • Manage and oversee the sale and liquidation of bank-owned properties to optimize returns
  • Present detailed workout proposals to the Bank Credit Committee for approval, while ensuring minimal losses and maximum recoveries
  • Partner with external professionals such as appraisers, attorneys, and realtors to maximize the value of collateral-secured loans
  • Travel as needed to meet clients or inspect collateral, ensuring thorough oversight of loan assets
  • Prepare and deliver regular reports to senior management on the status and progress of special assets
  • Build and expand client relationships through proactive networking and outreach efforts
  • Conduct reviews of financial analysis and credit materials to identify opportunities for structured finance and specialized lending programs

Requirements

  • Bachelor’s degree in Business, Finance, Economics, or a related field is preferred
  • Minimum of 5 years of experience in commercial credit, with a focus on lending and portfolio management
  • Proven expertise in managing special assets and loan workouts
  • Strong knowledge of regulatory requirements, credit policies, and risk-rating standards
  • Demonstrated ability to analyze complex financial statements and loan documentation
  • Experience with commercial real estate and SBA lending is highly desirable
  • Proficiency in banking credit analysis and credit administration processes
  • Excellent communication and interpersonal skills for client relationship management

What we offer

  • medical, vision, dental, and life and disability insurance
  • eligible to enroll in our company 401(k) plan

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