Kapitus
We believe business owners should be able to focus on running their business, while we take care of the financing.
VP, Special Assets
Location
United States
Posted
30 days ago
Salary
$130.3K - $209K / year
Bachelor Degree7 yrs expEnglish
Job Description
• 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.
Job 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.
