Bank Special Assets Officer

Beyond TalentEdge has a direct hire opportunity for a Special Assets Officer. Our client is a leader in banking industry.

The Special Assets Officer Directs and supervises the Special Asset Department, including loan collection and foreclosure activities.

Responsible for maintenance, security and sale of real estate obtained through foreclosure; negotiates rental, lease or sales agreements.

Responsibilities:

• Participates in the financial institution’s development of collection policies and procedures for foreclosure, credit for payment of delinquent accounts, and other default procedures.
• Reviews the delinquent loan status for the financial institution, may make contact with delinquent account holders through telephone calls, letters and personal visits.
• Approves subordinate personnel collection activities regarding workouts of loan payments on delinquent accounts, assisting in procedures when necessary.
• Manages reports of current and recently closed residential mortgage and commercial loans ensuring that the information is accurate and in compliance with fair credit reporting regulations.
• Directs foreclosure of delinquent accounts determined to be unresolvable, ensuring that all proper documentation is accounted for and all data are properly entered.
• Works with financial institution legal counsel regarding litigation and foreclosure activities and attends court hearings as required.
• Oversees foreclosed properties for proper management and regular inspections, as well as tax and insurance payments.
• Performs other duties as assigned.

Desired Skills and Qualifications:

• Bachelor’s degree in related field,
• At least six years related experience and/or training, equivalent combination of education and experience.
• Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
• Knowledge of business and management principles involved in strategic planning, resource allocation, leadership technique, and coordination of people and resources. Strong organizational and analytical skills.
• Knowledge of principle and methods for promoting and selling products or services.
• Talking to others to convey information effectively.
• Communicating effectively in writing as appropriate for the needs of the audience.
• Intermediate computer skills including electronic mail, routine database activity, word processing, spreadsheet, etc.
• Knowledge of administrative and clerical procedures and systems such as managing files and records, and other office procedures and terminology.
• Knowledge of accounting principles and practices, banking and the analysis and reporting of financial data.
• Knowledge of financial industry and bank dynamics, and a thorough knowledge of bank’s products and services, and bank security and transaction policies.
• Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Monitoring/assessing your performance to make improvements or take corrective action.
• Knowledge of banking laws and regulations.
• In the performance of all the respective tasks and duties, employee will maintain knowledge of Bank Secrecy Act regulations and all other regulatory, security and bank policies and procedures.

Salary:

$90,000 - $125,000

“Beyond TalentEdge is an Equal Opportunity Employer. It is the policy of Beyond TalentEdge to provide equal opportunity in employment and conditions of employment to all individuals regardless of age, race, color, religious beliefs, national origin, sexual orientation, gender identity, sex, veteran or military status, disability, pregnancy-related condition, predisposing genetic characteristics, genetic information, marital status, familial status, prior arrest, domestic violence victim status, non-job related convictions, participation in lawful activities outside of our workplace, or any other status protected by law.”