Description. The Special Assets Officer will work with the Special Assets Manager to monitor and maintain criticized assets assigned to the Special Assets Department. This will include inspecting properties and other forms of collateral, monitoring performance of negotiated settlements, initiating litigation when necessary, and marketing bank owned assets. The SA Officer will be assigned a portfolio of loan relationships. It will be their respons...
The Special Assets Officer will work with the Special Assets Manager to monitor and maintain criticized assets assigned to the Special Assets Department. This will include inspecting properties and other forms of collateral, monitoring performance of negotiated settlements, initiating litigation when necessary, and marketing bank owned assets. The SA Officer will be assigned a portfolio of loan relationships. It will be their responsibility to mo...
Primary contact for both internal and external communications for the loans in the assigned portfolio, including ongoing monitoring and developing and recommending collection strategies to mitigate credit losses to the Bank. Manage Consumer, Community Banking and SBA problem loans and develop and recommend workout and work-through strategies. Engage and direct the actions of outside counsel and other vendors in an efficient and timely manner. Eva...
This position is responsible for managing complex, at-risk and problem loans to resolution to ensure maximum recovery for the Bank. The position is split into two levels, Special Assets Officer I and II. Only one position is open, and based on qualifications, candidates will fit into one of the two levels. ESSENTIAL FUNCTIONS. Special Assets Officer I. Collections, Bankruptcy, SBA and Foreclosure: 60%. Manage all aspects of loans within an assig...
