13 Jobs in Abbeville, LA
Gulf Coast Bank is Hiring a SPECIAL ASSETS MANAGER (COLLECTIONS MANAGER) Near Abbeville, LA
Summary:The Special Assets Manager is responsible for overseeing the Collections Department within the bank, ensuring efficient and compliant collection processes while minimizing credit losses. This role involves managing a team of collection professionals, implementing effective strategies to recover outstanding debts, and collaborating with other departments to mitigate risks associated with non-performing loans. The Special Assets Manager must possess a deep understanding of banking regulations, legal compliance, and negotiation techniques to successfully resolve complex collection cases.
Primary Responsibilities:Management and supervision of the Loan Servicing Team.
Collection of bankruptcy – handles all phases of bankruptcy matters on behalf of the bank.
- Collection of accrual loans
- Collection of 11 – 24 day delinquency
- Collection of 25 – 999 delinquency
- Collection of Charged Off Deposit accounts
Work with Loan Dept on collecting Forced Placed Insurance premiums
Provide past due reports and documented collection efforts to the Board
Conducts regularly scheduled staff meetings; provide daily supervision to the staff.
Maximizes service levels through scheduling, employee coaching and performance management.
Provides guidance to the staff in customer service and operational areas, including daily activities and complex operational issues.
Contacts problem customers.
- Conducts face-to-face interviews.
- Devises plans for collecting.
- Proposes new sources of funds.
- Restructures loan terms.
- Manages liquidations of collateral.
- Initiates legal proceedings to affect loan collections.
- Accepts and logs payments.
- Monitors accounts to ensure that payments are being made.
- Documents collection efforts.
Collaborates with Loan Officers and or pertinent personnel regarding collection efforts, payment histories, etc. Determines the bank’s collateral position.
Protects/inspects collateral.
Accepts garnishment servings – answers interrogatories and monitors until money is sent to seizing party.
Backup support to the SBA Lending function. Files all Guaranty Purchase requests.
Performs other related duties as assigned.
Requirements:
- Bachelor’s degree in Finance, Business, or related field, OR equivalent experience.
- Several years of experience in a similar role within the banking or financial industry.
- Strong understanding of banking regulations, compliance requirements, and legal aspects related to debt collection.
- Exceptional leadership and team management skills.
- Excellent communication, negotiation, and problem-solving abilities.
- Proficiency in using collection software and MS Office Suite.
- Ability to work under pressure and handle challenging situations with professionalism and tact.
Job Summary
Full Time
Banking
$68k-102k (estimate)
06/01/2024
07/30/2024
gcbank.com
LAFAYETTE, LA
50 - 100
1971
Private
CHARLES A PATOUT
$10M - $50M
Banking
Related Companies
The job skills required for SPECIAL ASSETS MANAGER (COLLECTIONS MANAGER) include Customer Service, Leadership, Team Management, Problem Solving, etc. Having related job skills and expertise will give you an advantage when applying to be a SPECIAL ASSETS MANAGER (COLLECTIONS MANAGER). That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by SPECIAL ASSETS MANAGER (COLLECTIONS MANAGER). Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for SPECIAL ASSETS MANAGER (COLLECTIONS MANAGER) positions, which can be used as a reference in future career path planning. As a SPECIAL ASSETS MANAGER (COLLECTIONS MANAGER), it can be promoted into senior positions as a Risk Modeling Senior Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary SPECIAL ASSETS MANAGER (COLLECTIONS MANAGER). You can explore the career advancement for a SPECIAL ASSETS MANAGER (COLLECTIONS MANAGER) below and select your interested title to get hiring information.
Similar Jobs
Popular Articles
