Special Assets Officer

We need to output HTML fragment with headings

for sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections that have real specific content. We must not repeat job title as heading. Must not include Job ID etc. Must preserve all substantive info, no invented details. Remove boilerplate like EEO, etc. Also remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. We need to parse the posting. Given text: Position: Special Assets Officer | Division: Commercial Credit | Work Days: Monday - Friday | Hours of Operation: 8:00am - 5:00pm Why Broadway Bank We are one of the largest independently owned banks in Texas with offerings in personal and private banking, wealth management, business banking and mortgage lending. Position Overview The Special Assets Officer is responsible for the strategic management, resolution, and disposition of the Bank’s most complex and high-risk troubled assets, including non-performing loans and foreclosed properties (OREO). Reporting directly to the Chief Credit Officer, this role serves as a subject matter expert in credit remediation, loan restructuring, and recovery strategies, with a focus on minimizing losses, reducing past dues and charge-offs, and preserving asset value. This role actively manages a diverse portfolio of distressed credits across Commercial, Commercial Real Estate (CRE), and Consumer portfolios, applying advanced credit analysis, legal insight, and negotiation strategies. The position partners closely with Legal, Credit, Enterprise Risk Management (ERM), Compliance, Audit, and external stakeholders to develop and execute comprehensive workout strategies, including restructures, settlements, and foreclosure actions. Essential Functions Manage and resolve a portfolio of complex and high-risk troubled assets, ensuring timely identification, evaluation, and resolution strategies that minimize financial loss. Perform comprehensive financial and credit analysis of distressed loans, including borrower cash flow, collateral valuation, guarantor strength, and market conditions. Develop and execute customized workout strategies, including restructures, forbearance agreements, settlements, note sales, or liquidation strategies. Negotiate directly with borrowers, guarantors, and legal counsel to secure favorable repayment terms and recovery outcomes. Monitor compliance with workout agreements, ensuring adherence to restructured terms and proactively addressing covenant breaches or performance deterioration. Lead and coordinate foreclosure actions, bankruptcy proceedings, and other legal remedies in partnership with internal and external counsel. Attend legal proceedings, hearings, and mediations, providing strategic input and representing the Bank’s interests in complex credit matters. Oversee the management and disposition of Other Real Estate Owned (OREO), including valuation analysis, marketing strategy, broker selection, and sales execution. Prepare detailed financial analysis and reporting packages for OREO assets to support disposition strategies and risk assessment. Coordinate with third-party vendors including appraisers, brokers, title companies, tax authorities, and insurance providers to support asset resolution efforts. Collaborate with Credit Administration, ERM, Compliance, and Audit teams to ensure alignment with internal policies, regulatory requirements, and risk management practices. Identify early warning signs of credit deterioration and recommend proactive strategies to mitigate potential losses. Support and contribute to Special Assets Committee discussions, providing insight, recommendations, and guidance on complex or escalated credits. Advise lending officers and business line leaders on problem loan identification, risk mitigation strategies, and restructuring options. Conduct borrower meetings to assess financial condition, negotiate repayment strategies, and evaluate collateral or guarantor support. Maintain current knowledge of market conditions, economic trends, and industry developments that may impact asset recovery and credit quality. Ensure compliance with all applicable local, state, and federal banking regulations, including those related to collections, foreclosure, and bankruptcy. Promote continuous process improvement by identifying inefficiencies and recommending enhancements to special assets workflows and procedures. Foster a collaborative, risk-aware culture by partnering across lines of business and reinforcing sound credit practices. Provide leadership support, including mentoring junior staff, contributing to team development, and participating in departmental initiatives. Assist with departmental meetings, reporting, and special projects as assigned. This position may require travel within the Bank’s geographic area. Experience & Education 10+ years of experience in Banking, with a focus on Risk Management, Credit Administration, Compliance, or Audit. 5+ years of experience in Special Assets, including demonstrated expertise in managing and resolving distressed loan portfolios. 4–5 years of supervisory experience preferred. Demonstrated proficiency in legal and bankruptcy concepts, workout strategies, foreclosure processes, and collateral liquidation. Strong experience in credit analysis, financial statement interpretation, and risk assessment across Commercial, CRE, and Consumer portfolios. Bachelor’s Degree in Business Administration with a concentration in Finance or Accounting. Preferred: MBA, CPA, or J.D. Skills & Qualifications Advanced knowledge of credit risk management, loan structuring, and asset recovery strategies. Strong understanding of banking regulations, including those governing collections, bankruptcy, and foreclosure processes. Expertise in evaluating collateral, including real estate valuation, appraisal review, and liquidation strategies. Exceptional analytical and problem-solving skills with the ability to assess complex financial situations and recommend effective solutions. Strong negotiation skills with proven ability to influence outcomes with borrowers, attorneys, and third-party stakeholders. Ability to manage multiple complex credits simultaneously while maintaining attention to detail and accuracy. Strong interpersonal skills with the ability to build collaborative relationships across internal and external stakeholders. Demonstrated sound judgment and decision-making capabilities in high-risk and time-sensitive situations. High level of professionalism, discretion, and ethical standards. Proficiency in Microsoft Office Suite, including advanced Excel skills for financial analysis and reporting. Experience with banking systems and reporting tools; preferred experience with MicroStrategies and Informnt. Other Requirements Ability to travel locally for borrower meetings, property inspections, court appearances, and asset evaluations as needed. Ability to attend legal proceedings, mediations, and hearings outside of standard business hours when required. Commitment to maintaining confidentiality and safeguarding sensitive customer information. Requires the ability to lift, carry, push, pull weights or otherwise move objects weighing as much as 10 lbs. on a regular basis and/or for extended periods of time during the workday. Occasional overtime or extended hours may be required. We’re a culture that offers resources to benefit your overall health and well-being: Career Development and Mentorship Programs Generous paid time off, minimum 4 weeks Employee recognition, awards, and events Free vision insurance Retirement matching Tuition reimbursement Then there is a disclaimer about job description not comprehensive, etc. Then EEO etc. We need to remove boilerplate: EEO, drug-free, etc. Also remove "This job description is not designed to be a comprehensive listing..." and the EEO block. Now we need to map content to sections. We have: - About the role: Could be the "Why Broadway Bank" paragraph plus maybe Position Overview? Actually "Why Broadway Bank" is a short paragraph about the bank. Position Overview is more about role. The instruction: use

for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). So we need to decide which sections to include based on content. We have content for: - About the role: Could combine "Why Broadway Bank" and "Position Overview". That's substantive. - Responsibilities: The "Essential Functions" list is responsibilities. - Requirements: Experience & Education section. - Qualifications: Might be similar to Skills & Qualifications? Actually "Skills & Qualifications" heading present. Could treat as Skills section. But we also have "Skills" as a possible heading. The instruction list includes Skills as a possible heading. So we could put Skills & Qualifications under Skills heading. - Benefits: The "We’re a culture that offers resources..." paragraph lists benefits: Career Development and Mentorship Programs, Generous paid time off, minimum 4 weeks, Employee recognition, awards, and events, Free vision insurance, Retirement matching, Tuition reimbursement. That's benefits. - Pay: Not mentioned. No salary info. So we should NOT include Pay section. - Schedule: The posting includes Work Days: Monday - Friday | Hours of Operation: 8:00am - 5:00pm. That's schedule info. So we can include Schedule section. Also there is "Other Requirements" like travel, ability to lift, etc. Could be part of Requirements or Qualifications? Might be considered "Other Requirements". Could be included under Requirements or maybe a separate section but not in list. Since we only have allowed headings, we could fold into Requirements or Qualifications. Probably include under Requirements (Experience & Education) plus maybe other requirements. But we need to preserve all substantive info. So we can include a

under Requirements that includes both experience/education and other requirements (travel, lifting, etc). Or we could create a separate section "Other Requirements" but not allowed heading; we could incorporate into Requirements. Similarly, "Other Requirements" includes ability to travel locally, attend legal proceedings outside standard business hours, confidentiality, lift 10 lbs, occasional overtime. We'll include those. Now we need to avoid boilerplate: remove EEO etc. Also remove duplicated lines. There's no duplication apparent. Now produce HTML fragment: only the sections we decide. We need to use

for each section heading. Then under each heading, use

for prose,

• for lists. We need to decide what is list vs prose. For About the role: we have two paragraphs: "Why Broadway Bank" and "Position Overview". Could combine into one

  or two

  s. Probably two

  s. For Responsibilities: the Essential Functions is a long list of duties. Each sentence starts with a verb. Could be formatted as

  • each duty. We'll split by sentences. Need to preserve all substantive info; we can break into list items each duty. Let's extract duties from Essential Functions: - Manage and resolve a portfolio of complex and high-risk troubled assets, ensuring timely identification, evaluation, and resolution strategies that minimize financial loss. - Perform comprehensive financial and credit analysis of distressed loans, including borrower cash flow, collateral valuation, guarantor strength, and market conditions. - Develop and execute customized workout strategies, including restructures, forbearance agreements, settlements, note sales, or liquidation strategies. - Negotiate directly with borrowers, guarantors, and legal counsel to secure favorable repayment terms and recovery outcomes. - Monitor compliance with workout agreements, ensuring adherence to restructured terms and proactively addressing covenant breaches or performance deterioration. - Lead and coordinate foreclosure actions, bankruptcy proceedings, and other legal remedies in partnership with internal and external counsel. - Attend legal proceedings, hearings, and mediations, providing strategic input and representing the Bank’s interests in complex credit matters. - Oversee the management and disposition of Other Real Estate Owned (OREO), including valuation analysis, marketing strategy, broker selection, and sales execution. - Prepare detailed financial analysis and reporting packages for OREO assets to support disposition strategies and risk assessment. - Coordinate with third-party vendors including appraisers, brokers, title companies, tax authorities, and insurance providers to support asset resolution efforts. - Collaborate with Credit Administration, ERM, Compliance, and Audit teams to ensure alignment with internal policies, regulatory requirements, and risk management practices. - Identify early warning signs of credit deterioration and recommend proactive strategies to mitigate potential losses. - Support and contribute to Special Assets Committee discussions, providing insight, recommendations, and guidance on complex or escalated credits. - Advise lending officers and business line leaders on problem loan identification, risk mitigation strategies, and restructuring options. - Conduct borrower meetings to assess financial condition, negotiate repayment strategies, and evaluate collateral or guarantor support. - Maintain current knowledge of market conditions, economic trends, and industry developments that may impact asset recovery and credit quality. - Ensure compliance with all applicable local, state, and federal banking regulations, including those related to collections, foreclosure, and bankruptcy. - Promote continuous process improvement by identifying inefficiencies and recommending enhancements to special assets workflows and procedures. - Foster a collaborative, risk-aware culture by partnering across lines of business and reinforcing sound credit practices. - Provide leadership support, including mentoring junior staff, contributing to team development, and participating in department