VP, Special Assets
Kapitus
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $130,300 - $209,000 per year
Job Level
About the role
- Develop and implement sophisticated workout strategies for collections, loss mitigation, and special asset management.
- Lead negotiations with debtors, borrowers and guarantors to structure and implement complex workout solutions.
- Ensure all recovery efforts comply with legal requirements and internal policies.
- Collaborate with counsel with major account litigation, bankruptcies and state law insolvency proceedings.
- Conduct comprehensive analysis and review of financial statements and other business financial records.
- Monitor and track the performance of troubled accounts, analyze trends, and prepare reports for senior management.
- Partner with in house counsel, major accounts, risk, underwriting, operations, and senior management to monitor risk.
- Implement escalation protocols for all key risks and controls.
- Coach, mentor, and train staff in recovery risk mitigation protocols and processes.
Requirements
- Bachelor’s degree required, MBA preferred with a focus in Business, Management, Quantitative field (statistics, data engineering, finance, etc.).
- CPA or CTA (Certified Turnaround Professional) highly desirable.
- 7+ years of experience in managing portfolios of high-risk and non-performing commercial financings.
- 7+ years of experience negotiating complex restructurings, settlements, forbearance and workout agreements.
- 7+ years of experience supporting counsel with major account litigation, bankruptcy and state law insolvency proceedings.
- Deep understanding of commercial financing including traditional loans and revenue based financings.
- Knowledge and understanding of evolving regulatory environments and governance processes including bankruptcy and UCC filings.
- Proficiency in financial modeling and analysis.
- Strong analytical, negotiation, and communication skills.
Benefits
- Competitive Base Salary Range of $130,300-$209,000 Kapitus is providing this as a good faith salary range to comply with applicable law.
- Quarterly Legal Bonus
- Health Insurance: We offer comprehensive medical, dental, and employer-paid vision plans through UnitedHealthcare (UHC).
- 100% Company Paid Insurances: Kapitus fully covers the cost of basic short-term and long-term disability insurance, as well as vision insurance.
- Voluntary Insurance: Supplemental life insurance and enhanced short- and long-term disability coverage are available through Mutual of Omaha.
- Paid Maternity and Parental Leave
- LifeBalance Program: Enhance your lifestyle with our LifeBalance membership.
- Plum Benefits Discount Program: Access exclusive discounts on shows, travel, car rentals, and more.
- Tuition Reimbursement: Up to $5,000 annually in tuition reimbursement.
- Transit Reimbursement: We also offer transit reimbursement for all work-related travel.
- Paid Time Off and Sick Time.
- Retirement Benefits: 401K plan managed through Fidelity with a 25% match on employee contributions.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial modelingfinancial analysisworkout strategiesnegotiationrisk mitigationportfolio managementcomplex restructuringssettlementsforbearance agreementsbankruptcy proceedings
Soft Skills
analytical skillscommunication skillscoachingmentoringcollaborationleadership
Certifications
Bachelor's degreeMBACPACTA