Truist ยท 2 hours ago
Commercial Problem Loan officer III (special assets)
Alpharetta, GA
Full-time
Onsite
Senior Level
7+ years expTruist is a financial services company, and they are seeking a Commercial Problem Loan Officer III to manage and maximize returns on a portfolio of Small Business Criticized and Classified loans. The role involves negotiating resolutions, underwriting borrowers, and preparing credit request packages while ensuring compliance with bank policies and procedures.
BankingFinanceFinancial Services
Responsibilities
Manage a portfolio of CSBB Small Business problem loans including those with complex credit structures in CSBB
Negotiate effective resolution plans with borrowers in accordance with an appropriate case strategy. Negotiations may require working with external legal counsel. They may also incorporate credit analysis when a modification or forbearance is considered. Asset Manager will drive recommendations that address the accrual status, loan to value (LTV), as well as Bank policy and regulatory guidance to mitigate and reduce losses to the Bank
Independently complete underwriting of borrowers/guarantors for renewal/modification in order to justify accrual status, risk rating or adequacy of collateral
Prepare accurate and thorough credit request packages for co-approval or exercise individual loan authority, when applicable
Manage relationships with Small Business Banking Service Delivery and/or external counsel used in development, drafting, execution and enforcement of documentation needed to achieve workout goals. Work closely with clients, Relationship Managers, and external counsel, when appropriate, to ensure loan closings are completed in an accurate and timely manner
Work effectively with partners such as SBDS Support Specialist and Commercial Fulfillment Specialist to ensure all client-related documentation is sound and any issues are resolved in an accurate and timely manner
Provide accurate and timely monthly forecasting for non-performing assets and charge-offs
Complete reporting as required for impairment analysis, accrual justification, CCAR, and Criticized Loan Asset Reports (or equivalent)
When required, work cooperatively and effectively in a consultative or shadowing role with teammates from other Business Lending Units throughout the Bank in order to assess and mitigate risk
Keep abreast of changing Bank policy and procedures, as well as business and economic developments which impact the loan portfolio and banking in general
Qualification
Required
Bachelor's degree in business, finance, or banking or comparable education and related training
A minimum of 7 years commercial banking, loan workout or equivalent experience
Exceptional negotiation, communication, interpersonal, financial analysis and problem-solving skills. Ability to deliver messages and interact effectively in a sometimes tense or adversarial environment
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Preferred
Master's degree in business administration, finance, or banking
10 years of experience in commercial banking, loan workout, and/or relationship management
Benefits
Medical
Dental
Vision
Life insurance
Disability
Accidental death and dismemberment
Tax-preferred savings accounts
401k plan
Vacation
Sick days
Paid holidays
Defined benefit pension plan
Restricted stock units
Deferred compensation plan
Company
Truist
Truist is the sixth-largest commercial bank in the U.S.
10001+ employees
H1B Sponsorship
Truist has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (313)
2024 (247)
2023 (288)
2022 (275)
2021 (278)
2020 (270)
Funding
Current Stage
Late StageTotal Funding
unknown2021-01-01Seed
Leadership Team
Michael Maguire
Chief Financial Officer
James Cordovana
SVP of Cloud Security Enterprise Architect
Recent News
2025-12-18
2025-12-16
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