Workout Specialist

UMB Financial Corporation

Base: $120,750.00 - $257,250.00; bonus/equity: ann...
7 years relevant experience
Distressed debt workout experience
Corporate trust administration
The position involves managing a portfolio of distressed and defaulted bond and loan accounts for which UMB serves as indenture trustee or loan agent

Job Summary

  • The position involves managing a portfolio of distressed and defaulted bond and loan accounts for which UMB serves as indenture trustee or loan agent.
  • Workout Specialists must investigate breaches and defaults to develop case-specific strategies that may include negotiation, foreclosure, litigation, and bankruptcy proceedings.
  • UMB offers competitive benefits including paid time off, 401(k) matching, annual incentive pay, and comprehensive health insurance coverage.

Matching Summary

The position involves managing a portfolio of distressed and defaulted bond and loan accounts for which UMB serves as indenture trustee or loan agent.

Salary

Base: $120,750.00 - $257,250.00; Bonus/Equity: Annual incentive pay included; Benefits: Comprehensive medical, dental, vision, 401(k) match, and wellness programs

Skills & Requirements

Must-have

  • 7 years relevant experience
  • distressed debt workout experience
  • corporate trust administration
  • litigation and bankruptcy participation
  • foreclosure of collateral

Nice-to-have

  • collaborative team environment
  • strategic business development
  • high level integrity
  • relationship building skills

Key Requirements

  • Bachelor's degree or equivalent experience
  • At least 7 years of relevant experience
  • Corporate Trust administration background
  • Default workout experience

Work Rights

Not specified

Tailored Resume

Cover Letter