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Special Assets Jobs (NOW HIRING)

The Symicor Group

Special Assets Officer

Schaumburg, IL · On-site

$155K/yr

About the Job Special Assets Officer - To $155K - Schaumburg, IL - Job # 3764-6264 Who We Are: The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our ...

The Symicor Group

Special Assets Officer

Schaumburg, IL · On-site

$155K/yr

About the Job Special Assets Officer - To $155K - Schaumburg, IL - Job # 3764-6264 Who We Are: The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our ...

Third Coast Bank

Special Assets Officer

Austin, TX · On-site

$80 - $100/hr

Special Assets Officer Full Time Austin, TX, US 7 days ago Requisition ID: 1470 Third Coast Bank is an equal opportunity employer and does not discriminate against applicants or employees based on ...

Secunm

AVP Special Assets

Santa Fe, NM · On-site

$103 - $129/hr

AVP Special Assets REPORTS TO: Chief Lending Officer JOB STATUS: Exempt JOB GRADE 16: $102,856.00 - $128.564.80 Targeted Annual Salary JOB SUMMARY Reporting to the Chief Lending Officer, the AVP of ...

Exchange Bank

Special Assets Officer

Santa Rosa, CA · On-site

The Special Assets Officer is responsible for managing complex, at-risk and problem loans to resolution to ensure maximum recovery for the Bank Essential Functions * Collections, Bankruptcy, SBA and ...

Exchange Bank

Special Assets Officer

Roseville, CA · On-site

The Special Assets Officer is responsible for managing complex, at-risk and problem loans to resolution to ensure maximum recovery for the Bank Essential Functions * Collections, Bankruptcy, SBA and ...

Exchange Bank

Special Assets Officer

Roseville, CA

The Special Assets Officer is responsible for managing complex, at-risk and problem loans to resolution to ensure maximum recovery for the Bank Essential Functions * Collections, Bankruptcy, SBA and ...

Exchange Bank

Special Assets Officer

Roseville, CA · On-site

The Special Assets Officer is responsible for managing complex, at-risk and problem loans to resolution to ensure maximum recovery for the Bank Essential Functions * Collections, Bankruptcy, SBA and ...

Flagstar Bank

Special Assets Officer

New York, NY · On-site

$102K - $158K/yr

Position Title Special Assets Officer Location New York, NY 10018 Job Summary The Special Assets Officer manages a portfolio of distressed commercial real estate/multifamily loans and assists with ...

Flagstar Bank

Special Assets Officer

New York, NY · On-site

$102K - $158K/yr

Position Title Special Assets Officer Location New York, NY 10018 Job Summary The Special Assets Officer manages a portfolio of distressed commercial real estate/multifamily loans and assists with ...

Exchange Bank

Special Assets Officer

Santa Rosa, CA · On-site

The Special Assets Officer is responsible for managing complex, at-risk and problem loans to resolution to ensure maximum recovery for the Bank Essential Functions * Collections, Bankruptcy, SBA and ...

THIRD COAST BANK

Special Assets Officer

Dallas, TX · On-site

Voting member of Special Assets Committee * Treats people with respect; keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts ...

THIRD COAST BANK

Special Assets Officer

Austin, TX · On-site

Voting member of Special Assets Committee * Treats people with respect; keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts ...

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How much do special assets jobs pay per year?

As of Sep 7, 2026, the average yearly pay for special assets in the United States is $67,955.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,500.00 and $86,000.00 per year, depending on experience, location, and employer.

What is a special assets?

A Special Assets job typically involves managing and mitigating risks associated with non-performing or distressed loans within a financial institution. Professionals in this role work to restructure, recover, or liquidate troubled assets to minimize financial losses. They analyze borrower financials, negotiate repayment terms, and collaborate with legal teams on foreclosure or bankruptcy proceedings. Strong financial acumen, problem-solving skills, and knowledge of loan regulations are essential for success in this role.

What are the key skills and qualifications needed to thrive in the special assets position, and why are they important?

To thrive in a Special Assets role, you need a strong background in commercial lending, credit analysis, and risk management, typically supported by a degree in finance, accounting, or a related field. Proficiency with loan management software, financial modeling tools, and regulatory compliance systems is often necessary. Advanced negotiation, problem-solving, and interpersonal skills set outstanding candidates apart, as these roles involve working with distressed borrowers and internal teams. These competencies are vital for efficiently managing non-performing loans, minimizing losses, and supporting the organization's financial health.

What are the primary challenges faced by professionals working in special assets departments?

Professionals in Special Assets often encounter the challenge of managing high-risk or distressed loan portfolios, which requires balancing risk mitigation with client relationship management. They must assess complex financial situations, negotiate restructuring terms, and collaborate closely with legal counsel, credit officers, and borrowers to find workable solutions. Tight deadlines, regulatory compliance requirements, and occasionally difficult negotiations can also add pressure to the role. However, these challenges offer valuable opportunities for skill development, cross-departmental collaboration, and paving the way for advancement into leadership positions within credit or risk management.

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Cities with the most Special Assets job openings:

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Special Assets jobs near you
Infographic showing various Special Assets job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 19% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $67,955 per year, or $32.7 per hour.

Special Assets Officer

The Symicor Group

Schaumburg, IL • On-site

$155K/yr

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

About the Job

Special Assets Officer - To $155K - Schaumburg, IL - Job # 3764-6264

Who We Are:

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position:

Our client is seeking to fill a Special Assets Officer role in the Schaumburg, IL area. The position is responsible for overseeing portfolios that are distressed, delinquent, or high-risk commercial loans, developing strategies to maximize recovery and minimize losses.

This position comes with a generous salary of up to $155K and full benefits package. (This is not a remote position).

Special Assets Officer responsibilities include:

  • Develop and implement a workout plan to rehabilitate loans or facilitate orderly exits.
  • Prepare Credit Reviews to assess asset quality, including performance against original underwriting expectations.
  • Work with legal counsel on bankruptcies, foreclosure actions, and debt restructurings.
  • Experience writing policies and procedures for collateral monitoring, workouts, and periodic loan reviews.
  • Report on the assigned portfolio, including asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis.
  • Draft memos for any substantial changes in a borrower's financial stability or ownership structure.

Who Are You?

You're someone who wants to influence your own development. You're looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

  • 7+ years in commercial banking, credit analysis, or special assets/loan workout.
  • Deep experience with financial analysis.
  • College degree preferred.
  • Working knowledge of commercial lending, e.g. commercial real estate, construction and C&I products.

The next step is yours. Email us your current resume along with the position you are considering to: resumes@symicorgroup.com.

Apply