Assist with the day-to-day handling and management of all assigned Special Asset loans (whether active or charged off). Assist the Special Assets Department (“SAD”) manager in maintaining contact with all obligors, as well as all related third parties, monitoring, servicing, restructuring, collecting, liquidating, reporting, properly accounting, pursuing legal action and seeking government guaranties. Work with borrowers and lenders to develop and implement workout plans that are designed to bring the loans current and prevent foreclosure. Perform site visits as needed. 

• Assess and analyze problems and causes of problems on loans at time of assignment. Make timely business site visitations, interviewing obligors and reviewing loan files.
• Develop strategies for less complex restructures, workout plans and changes in terms and refer loan modification recommendations to management for approval.
• Assist with the creation of various reports such as the criticized asset and cash flow reports for trouble debt restructured loans.
• Communicate directly with legal counsel and Management to provide information on account activities.
• Process and monitor insurance claims as needed.
• Assist Department with the supervision of the Bank’s Other Real Estate Owned (“REO”). Ensure logs are maintained on all REO expenses and files, and update action plans quarterly for all REO files.
• Review new charge-offs for potential problems and outstanding collateral.
• Monitor payment arrangements and contact customers for delinquency.
• Obtain required documents to initiate suit through appropriate court venue. Attend sheriff's sales and any other required court appearances.

• High school diploma or equivalent required.
• Minimum 3-5 years of related experience required.
• MS Office proficiency required.
• Fiserv experience preferred.
• Excellent written and verbal communication skills.
• Excellent customer service skills.
• Strong negotiation and problem-solving skills.
• Thorough working knowledge of loan workout policies and procedures required.
• High level of proficiency with mortgage loan processing and underwriting systems preferred.
• Strong credit and risk analysis skills required.

WORKING CONDITIONS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Regular attendance and punctuality are essential functions of every job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential functions.

Perform routine and typical tasks of an office such as typing, taking notes, reading/reviewing, computer work, filing, copying, answering phones, etc. that may require employee to view, stand, stoop, kneel, or crouch and lift. Position requires flexibility and willingness to travel to other locations/ branches for training, attending meetings and meeting clients.

The successful candidate will be required to prove on the first day of work that they are legally authorized to work in the U.S. The Bank will not sponsor a candidate for a visa or for work authorization.\

COMPENSATION:  $80,000 TO $120,000 annually