Executive Director - Financial Restructuring Officer

Financial Restructuring OfficerThe Financial Restructuring Officer will manage specific assets, including the negotiation and implementation of restructuring/workout strategies, review of documentation, analytical review, preparation of internal memoranda, management of Bank owned assets and detailed knowledge of pertinent legal issues. The FR Officer must be a self-starter (pro-active vs. reactive), be able to comprehend and summarize complex structures and effectively communicate status and strategies.Our Shared Future:“This role offers opportunities to collaborate with our clients to address challenges they face during times of financial stress and work together to find optimal solutions for both the client and Rabobank.”You and Your JobAs a Restructuring Officer for the Wholesale line of business, you will be successful by delivering guidance and management to relationship managers and credit officers on early detection of problem loans, steps to remedy such conditions, and delivering lessons learned from distressed credits.Develop, execute and manage a restructuring/workout strategy for classified assets to minimize losses and maximize recoveries in a cost-effective manner. Consideration must be given to reputational and operational risks. This role will involve the coordination of activities on Complex Transactions. They will serve in an advisory role with the existing Relationship Management assessing credit fundamentals, undertaking steps to minimize future deterioration in the credit while safeguarding the Bank’s interest.Job Responsibilities• Develop, execute and manage a restructuring/workout strategy. This may include Chapter 11, out of court restructurings, loan sales and other restructuring alternatives.• Management of Classified Assets.• Coordination with senior management, head office, legal, finance and back office through-out the case.• Advisory role on accounts classified as Early Warning /Special Mention / OLEM to provide guidance and assistance to Account Managers in developing a strategy to prevent further deterioration.• Effectively handle multiple matters in a fast paced, high-pressure environment. These may include bilateral, multi bank and agent deals.• Personally review loan documents, business plans and financial statements.• Produce a high-quality work product while effectively managing internal and external resources.• Key Relationships: Financial Restructuring Officer must be familiar with the use and retention of law firms, financial consultants and investment bankers. Knowledge of other financial institution Financial Restructuring departments, law firms, financial consultants and investment bankers is critical.Your Promise to Us:To be considered for the Financial Restructuring Officer role, you must have:• 15+ years of proven experience in related roles and responsibilities• Bachelor’s Degree or equivalent experience• Ability to travel regionally and Globally, up to 35%Our Commitment to you – cultivating your way beyond pay:Rabobank embraces diversity and welcomes employees and applicants of all backgrounds. Our goal is to always create an environment that is inclusive, drawing upon the strengths of the diversity of our workforce to exceed the expectation so four clients and customers.We view your well-being as much more than a paycheck. We continually evaluate and evolve our benefit offerings to be comprehensive, competitive and to give you the options and the flexibility you need. We focus our employee benefits on three main components:• Physical Well-Being includes our commitment to your Health and Wellness. Medical, Dental and Vision plan coverages are effective on your date of hire. Rabo offers multiple plan options and a full network of providers to best meet your needs.• Financial Well-Being provides for your Retirement + Savings + Security. We love seeing your retirement plan balance grow just as much as you do! That’s why you can start participating in the 401(k) plan on your date of hire. Plus we match 50% of the first 6% you contribute to your 401(k) plan for US Employees. Rabo also contributes an additional 3% of your eligible pay in Safe Harbor contribution and up to 3% in annual Discretionary Profit Sharing contributions.• Emotional Well-Being ensures your Work + Life balance. We offer a generous paid time off program to full time employees: up to 20 days of vacation time, 5 days of additional time off plus 7 sick days and 11 US holidays annually (based on hire date during the calendar year). In addition, Growing a Better World Together requires wanting the best for our employees and their families and our communities. To do that, we offer both the time and financial support to give back to the community through our Dollars for Doers, Helping Hands and Gift Matching programs. (All paid time off is subject to company accrual and carryover policies.)Our Organization:Rabobank North America is a valued financial partner to food and agricultural companies, farmers and ranchers, renewable energy developers and investors, Dutch companies doing business in the U.S., and select institutions. We support the entire value chain from farm to fork, and connect our clients and team members to the global reach of one of the world’s leading food and agriculture banks.With our food and agricultural expertise and global network, we work with our clients to support and ensure the transition to a sustainable food, fiber and energy supply to meet the needs of our growing planet. We are Growing a Better World Together.Salary Expectations:Target Hiring Range: $200,000.00 - $260,000.00This position is subject to the terms of RDS’s compensation plans and policies. It is anticipated that the position will pay within the target hiring range. The range is reflective of the desired primary physical work location and may be adjusted outside of the projected range based on geographical differentiation if the actual work location of the hired candidate differs from the desired primary location, or for other lawful reasons. Further, all full-time regular positions include all other benefits provided to RDS employees, including healthcare benefits, 401k matching, vacation, sick leave, parental leave, possible discretionary bonuses and all other benefits that are all governed by and subject to ERISA plan documents and eligibility.Rabo provides equal opportunity in employment to all employees and applicants and does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other basis protected by applicable law. Rabo also prohibits harassment of any individuals on any of the bases listed above.At Rabobank, we strive to grow a better world together. In order to achieve that, we have to have the right people in the right jobs. Are you ready to join our team?This job posting has no fixed application deadline. We will accept resumes until a qualified applicant pool is identified.#LI-Hybrid