Special Assets Officer (Hybrid Eligible*)

About the role

The Special Credits Officer manages troubled commercial banking relationships and/or adversely graded commercial loans within the Bank's portfolio. This role may also include providing advisory services to Relationship Managers managing their own problem loans.

Responsibilities

• Manage troubled, commercial banking relationships and/or adversely graded commercial loans.
• Obtain and review financial information and collateral valuations.
• Analyze and negotiate modification and/or forbearance terms.
• Provide recommendations for appropriate action plans.
• Mitigate losses through active engagement and administration of approved action plans.
• Monitor and report on risk ratings and impairments.
• Communicate with borrowers, Bank employees, and others professionally.
• Work with attorneys and manage legal and collection activities.
• Avoid conflicts of interest and maintain client privacy.
• Complete eLearning courses and certifications as required.
• Adhere to and enforce bank policies and procedures.
• Prepare and submit Currency Transaction Reports, Suspicious Activity Reports, and other recordkeeping requirements.
• Complete special projects as assigned.

Requirements

• Strong experience with loan documentation, closing documentation, title reports, appraisals, and supporting underwriting criteria.
• Experience in managing complex CRE and C&I relationships.
• Knowledge and experience with bankruptcy and foreclosure laws and processes.
• Experience in managing and disposing of business and income property assets.
• Excellent analytical and organizational skills.
• Ability to work independently and as part of a team.
• Strong working knowledge of Microsoft Office and data management.

Skills

• Strong professional business communication and people skills.
• Demonstrated ability to work successfully with all layers of an organization.
• Strong organizational skills and decision-making abilities.

Qualifications

• Minimum of five years’ experience in commercial banking and problem loan administration.

Benefits

To learn more about our comprehensive benefits package, please visit our Benefits Summary page.