Barclays · 23 hours ago
Distressed Closer
Whippany, NJ
Full-time
Onsite
Senior Level
$70K/yr - $133K/yrBarclays is a global financial services provider, and they are seeking an Assistant Vice President - Distressed Closer to support the end-to-end closing of distressed loans. The role involves managing a dynamic pipeline of trades, ensuring accurate settlements, and collaborating with various stakeholders to meet tight deadlines.
BankingConsumerFinancial ServicesWholesale
Responsibilities
Support with day-to-day Wholesale Lending initiatives including processing, reviewing, reporting, trading and issue resolution through lending technical expertise
Monitoring the bank’s lending operations to ensure that they are conducted in an efficient and effective manner and comply with relevant regulatory requirements
Collaboration with teams across the bank to align and integrate Wholesale Lending processes
Identification of areas for improvement and providing recommendations for change in Wholesale Lending processes
Development and implementation of Wholesale Lending procedures and controls to mitigate risks and maintain operational efficiency
Development of reports and presentations on Wholesale Lending performance and communicate findings to internal senior stakeholders
Identification of industry trends and developments to implement best practice in Wholesale Lending Services
Participation in projects and initiatives to improve Wholesale Lending efficiency and effectiveness
Qualification
Required
Extensive Loans Closing experience with PAR/Distressed/Equity
The ability to read and interpret highly detailed loan documents, identify discrepancies
High client service experience
Preferred
Being proficient in using Microsoft Office applications, Clearpar, Loan IQ
Being a collaborative partner with a remarkable work ethic and attention to detail
Good people skills, written and verbal communication
The ability to work with minimal guidance and take full responsibility of defined tasks
The aptitude to learn new software / applications
Benefits
Medical, dental and vision coverage
401(k)
Life insurance
Other paid leave for qualifying circumstances
This position is eligible for an incentive award.
Company
Barclays
Barclays is a transatlantic consumer and wholesale bank with global reach, offering products, and services.
Founded in 1690
10001+ employees
H1B Sponsorship
Barclays has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (621)
2024 (610)
2023 (639)
2022 (720)
2021 (571)
2020 (448)
Funding
Current Stage
Public CompanyTotal Funding
unknown1986-09-09IPO
Leadership Team
Geoffrey Belsher
Chief Executive Officer for Canada
David Morris
Head of Engineering, Colleague Platforms
Recent News
2026-01-17
2026-01-16
Company data provided by crunchbase