Special Assets Officer

We are seeking a full-time Special Assets Officer with a strong background in commercial banking and loan workouts to manage a complex portfolio of commercial and government-guaranteed loans, with a particular emphasis on SBA 7A structures. The ideal candidate will bring a bachelor’s degree in business or a related field (preferred) or a minimum of seven years of hands-on experience in commercial banking, specifically focused on loan workouts and special assets. Extensive experience with SBA 7A liquidation and repurchase processes is essential, along with a deep understanding of real estate terms, concepts, and market dynamics. Candidates must demonstrate strong analytical and problem-solving abilities, excellent written and verbal communication skills, and the capacity to effectively negotiate with distressed borrowers while preserving the Bank’s position. Proficiency in Microsoft Word, Excel, Outlook, and Adobe is required, as is the ability to manage multiple priorities in a fast-paced, detail-oriented environment. This role requires a high level of independence, sound judgment, and the ability to work with minimal supervision in an office setting. Responsibilities include managing loan workouts, bankruptcies, foreclosures, litigation coordination, and asset liquidation, while ensuring full compliance with all bank policies and regulatory requirements. The position also involves monitoring loan performance, preparing internal risk reports, and supporting recovery efforts on charged-off loans, making it critical for candidates to have a strong grasp of credit risk and regulatory standards. Equal Opportunity Employer / Disabled / Protected Veterans The Know Your Rights poster is available here: https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf The pay transparency policy is available here: https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf For temporary assignments lasting 13 weeks or longer, AppleOne is pleased to offer major medical, dental, vision, 401k and any statutory sick pay where required. We are committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please contact your staffing representative who will reach out to our HR team. AppleOne participates in the E-Verify program in certain locations as required by law. Learn more about the E-Verify program. https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf We also consider for employment qualified applicants regardless of criminal histories, consistent with legal requirements, including, if applicable, the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance. Pursuant to applicable state and municipal Fair Chance Laws and Ordinances, we will consider for employment-qualified applicants with arrest and conviction records, including, if applicable, the San Francisco Fair Chance Ordinance. For Los Angeles, CA applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.