Commercial Special Assets Officer

We need to output HTML fragment with sections: About the role? Actually we have Position Summary, Duties & Responsibilities, Education & Experience, Compensation And Benefits. Also maybe "Knowledge Of" and "Ability To" are part of Education & Experience? The posting includes "Education & Experience" then bullet-like list of knowledge and ability. We'll treat those as part of Education & Experience section. We need to use

for section headings: e.g., About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. But we should only include sections that have real content. The posting includes Position Summary (could be About the role). Duties & Responsibilities (Responsibilities). Education & Experience (Qualifications/Requirements). Compensation And Benefits (Pay and Benefits). There's no explicit Schedule. So we will include sections: About the role (from Position Summary), Responsibilities (Duties & Responsibilities), Qualifications (Education & Experience), Benefits (Compensation And Benefits). Also maybe Pay (Pay) we can include salary range within Benefits or separate Pay section. The instruction: Use headings for Benefits, Pay, Schedule. But we should only include if posting actually states them. The posting includes salary range and benefits description. So we could have a Pay section for salary range, and a Benefits section for benefits. Or combine? The instruction: Prefer a few substantive sections over many thin ones. But we need to follow heading usage: Use

for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). It says use those headings. It doesn't forbid using both Benefits and Pay. It says include a section ONLY when the posting has real, specific content for it. So we can have both Pay and Benefits sections if content exists. The posting includes salary range and benefits description. So we can split: Pay: base pay range. Benefits: list of benefits. We also need to not repeat job title as heading. Not include Job ID etc. Remove boilerplate: Equal Opportunity, Unsolicited Resumes, etc. Also remove navigation/legal/EEO etc. So we will omit those. We need to preserve all substantive information. So we need to include the Position Summary text, duties list, education/experience details (knowledge and ability), compensation and benefits details. We need to format lists with

• . For prose use

  . For headings use

  . Let's extract content. Position Summary: "The Special Assets Officer is responsible for managing and monitoring a portfolio of complex commercial loans. Responsibilities include developing collection strategies, action plans, negotiating, and implementing plans to maximize the bank’s recovery." We can put that as About the role. Duties & Responsibilities: list items: - Develop collection strategies and action plans for problematic loans. - Prepare detailed analysis and provide recommendations of the collection and action plans. - Negotiate with borrowers, attorneys, and companies to review and re-structure credit and repayment terms. - Implement recovery plans that minimize risk and loss to the bank. - Provide timely and accurate reporting to Special Assets Manager. - Interact with the spectrum of commercial bank customers experience financial distress; displaying tact and persuasiveness. - Interact frequently with lawyers and other outside professionals, both those retained by the Bank and those representing our debtors, setting and pursing the Bank’s agenda. - Seek to minimize out-of-pocket legal and non-legal expenses from debtors whenever possible; maximizes loan recoveries and fee income. - Ensure BSA Compliance. We need to keep each as

  . Education & Experience: The section includes "Education & Experience" then a list of knowledge and ability items. Also includes "Education and Training: Requires Bachelor’s degree in Accounting or Finance or equivalent experience. Requires formal credit training. Requires 5+ years of direct special assets experience. Pursuant to the Secure and Fair Enforcement for Mortgage Licensing Act (“SAFE Act”), all associates (if lending) are required to maintain current registration with the Nationwide Mortgage Licensing System & Registry (“NMLS”). If such registration is not active as of the hire date, the associate must immediately attain active registration upon employment. Personal Bankers who fail to maintain an active and current registration will be unable to lend and may be subject to disciplinary action, up to and including termination of employment. Requires knowledge of Microsoft Office." We need to preserve all that. We'll format as

  • for each bullet? The knowledge and ability are not bullet but sentences separated by semicolons? Actually they are listed as: Knowledge Of Strong oral and written communication skills Commercial, real estate, and consumer lending; particularly credit structure and loan policy Complex credits and strong knowledge of collateral valuation/liquidation Regulatory agencies, third party loan review, and internal/external auditors Legal/regulatory requirements pertaining to banking and collections Regulatory guidelines regarding appraisal/re-appraisal and all other regulatory policies affecting classified/criticized assets Strong negotiation skills Ability To Analyze credit and develop and negotiate repayment terms with companies and high net worth individuals Work independently and prioritize daily workflow Analyze and solve problems for which there are not precedents Maintain visual attention and mental concentration for extended periods of time Perform duties and make decisions under frequent time pressures Then Education and Training: ... etc. We could treat Knowledge Of and Ability To as subheadings? But we only allowed headings from list; we could include them as

    ? Not allowed. Better to keep them as part of the Qualifications section as prose or list items. We can make each line a

    . That would preserve info. Thus Qualifications section will have

    • for each knowledge item, each ability item, each education/training requirement. We need to ensure we don't lose any detail. Let's list knowledge items: - Strong oral and written communication skills - Commercial, real estate, and consumer lending; particularly credit structure and loan policy - Complex credits and strong knowledge of collateral valuation/liquidation - Regulatory agencies, third party loan review, and internal/external auditors - Legal/regulatory requirements pertaining to banking and collections - Regulatory guidelines regarding appraisal/re-appraisal and all other regulatory policies affecting classified/criticized assets - Strong negotiation skills Ability items: - Analyze credit and develop and negotiate repayment terms with companies and high net worth individuals - Work independently and prioritize daily workflow - Analyze and solve problems for which there are not precedents - Maintain visual attention and mental concentration for extended periods of time - Perform duties and make decisions under frequent time pressures Education/Training: - Requires Bachelor’s degree in Accounting or Finance or equivalent experience. - Requires formal credit training. - Requires 5+ years of direct special assets experience. - Pursuant to the Secure and Fair Enforcement for Mortgage Licensing Act (“SAFE Act”), all associates (if lending) are required to maintain current registration with the Nationwide Mortgage Licensing System & Registry (“NMLS”). - If such registration is not active as of the hire date, the associate must immediately attain active registration upon employment. - Personal Bankers who fail to maintain an active and current registration will be unable to lend and may be subject to disciplinary action, up to and including termination of employment. - Requires knowledge of Microsoft Office. We could combine some sentences but keep as separate li. Now Compensation And Benefits: We need Pay and Benefits sections. Pay: "Base Pay Range: $103,000 - $134,000/year" plus maybe mention that salary offered based on factors, bonus eligibility. We can include that as Pay section. Benefits: list of benefits: "Busey provides a competitive Total Rewards package ... includes a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts." We can make a
      • for each benefit item. Let's extract benefit items: - 401(k) match - profit sharing - employee stock purchase plan - paid time off - medical - dental - vision - company-paid life insurance - long-term disability - supplemental voluntary life insurance - short-term disability - wellness incentives - employee assistance program - pre-tax health savings accounts - flexible spending accounts Also mention "competitive Total Rewards package" but we can keep as prose. We'll output:

        About the role

        The Special Assets Officer is responsible for managing and monitoring a portfolio of complex commercial loans. Responsibilities include developing collection strategies, action plans, negotiating, and implementing plans to maximize the bank’s recovery.

        Responsibilities

        • Develop collection strategies and action plans for problematic loans.
        • Prepare detailed analysis and provide recommendations of the collection and action plans.
        • Negotiate with borrowers, attorneys, and companies to review and re-structure credit and repayment terms.
        • Implement recovery plans that minimize risk and loss to the bank.
        • Provide timely and accurate reporting to Special Assets Manager.
        • Interact with the spectrum of commercial bank customers experience financial distress; displaying tact and persuasiveness.
        • Interact frequently with lawyers and other outside professionals, both those retained by the Bank and those representing our debtors, setting and pursing the Bank’s agenda.
        • Seek to minimize out-of-pocket legal and non-legal expenses from debtors whenever possible; maximizes loan recoveries and fee income.
        • Ensure BSA Compliance.

        Qualifications

        • Strong oral and written communication skills
        • Commercial, real estate, and consumer lending; particularly credit structure and loan policy
        • Complex credits and strong knowledge of collateral valuation/liquidation
        • Regulatory agencies, third party loan review, and internal/external auditors
        • Legal/regulatory requirements pertaining to banking and collections
        • Regulatory guidelines regarding appraisal/re-appraisal and all other regulatory policies affecting classified/criticized assets
        • Strong negotiation skills
        • Analyze credit and develop and negotiate repayment terms with companies and high net worth individuals
        • Work independently and prioritize daily workflow
        • Analyze and solve problems for which there are not precedents
        • Maintain visual attention and mental concentration for extended periods of time
        • Perform duties and make decisions under frequent time pressures
        • Requires Bachelor’s degree in Accounting or Finance or equivalent experience.
        • Requires formal credit training.
        • Requires 5+ years of direct special assets experience.
        • Pursuant to the Secure and Fair Enforcement for Mortgage Licensing Act (“SAFE Act”), all associates (if lending) are required to maintain current registration with the Nationwide Mortgage Licensing System & Registry (“NMLS”).
        • If such registration is not active as of the hire date, the associate must immediately attain active registration upon employment.
        • Personal Bankers who fail to maintain an active and current registration will be unable to lend and may be subject to disciplinary action, up to and including termination of employment.
        • Requires knowledge of Microsoft Office.

        Pay

        Base Pay Range: $103,000 - $134,000/year. Salary offered is based on factors including job duties, required qualifications, relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

        Benefits

        • 401(k) match
        • profit sharing