Special Assets Senior Officer

The Special Assets Senior Officer manages an assigned portfolio of problem assets focusing on the restructuring, rehabilitation, prompt collection, and liquidation of assets.

Requirements

• Manages, rehabilitates, and/or dispositions all assigned assets.
• Establishes workout strategies and goals for assigned credits.
• Prepares comprehensive quarterly Problem Loan Reports.
• Negotiates with borrowers regarding restructuring, collection, and enforcement activities.
• Works with inside and outside legal counsel and third parties in resolving problems.
• Assigns risk ratings, potential loss exposure, and accrual statuses on managed portfolio.
• Communicates with assigned clients and documents the credit file.
• Approves credit requests and charge-offs within the assigned lending limit.
• Maintains compliance with all state and federal banking laws and regulations and internal lending policies and procedures.

Benefits

• Generous Paid Time Off
• Student debt employer repayment program
• 401(k) retirement plan with a 6% match