Managed Assets Officer - SBA Liquidation & Workout
Berkshire Bank • Boston, MA • Posted May 07, 2026
About the Role
Department: Loan Workout
Reports to: Director of Managed Assets
Status: Exempt
Grade: 9
Pay Range: $52,000-$90,498
Salary range updated 4/10/2026. Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.
Location: MA, RI, NY, CT
Purpose/Objective:
Under the general supervision of the Director of Managed Assets, the individual will be responsible for managing a portfolio of Small Business Administration (SBA) and commercial criticized and classified loan relationships, and for implementing timely workout strategies to minimize losses for the Bank.
They will collaborate with the Director of Managed Assets, the Managed Assets Team Leader, and Credit Risk colleagues with the goal of improving the overall corporate asset quality by developing sound strategies for minimizing ...
Reports to: Director of Managed Assets
Status: Exempt
Grade: 9
Pay Range: $52,000-$90,498
Salary range updated 4/10/2026. Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.
Location: MA, RI, NY, CT
Purpose/Objective:
Under the general supervision of the Director of Managed Assets, the individual will be responsible for managing a portfolio of Small Business Administration (SBA) and commercial criticized and classified loan relationships, and for implementing timely workout strategies to minimize losses for the Bank.
They will collaborate with the Director of Managed Assets, the Managed Assets Team Leader, and Credit Risk colleagues with the goal of improving the overall corporate asset quality by developing sound strategies for minimizing ...