Special Assets Officer

Position Overview:
The Bank is seeking a seasoned Special Assets Officer to join its credit team. This individual will be responsible for managing a portfolio of criticized and classified loans, with a focus on maximizing recovery while maintaining strong customer relationships. The role requires deep knowledge across multiple lending areas, including SBA, Commercial Real Estate (CRE), Commercial & Industrial (C&I), and Agricultural lending (preferred).

As a large community bank that operates with the culture and values of a smaller institution, the Bank prioritizes personal connections, long-term relationships, and solutions tailored to the unique needs of its borrowers.

Key Responsibilities:

• Manage a portfolio of criticized, classified, and non-performing loans.

• Develop and implement workout strategies, including restructures, forbearances, and repayment plans.

• Monitor collateral positions, borrower performance, and covenant compliance.

• Collaborate with lenders, credit administration, and senior management to mitigate risk while preserving customer relationships.

• Negotiate with borrowers and third parties (attorneys, accountants, SBA representatives, etc.) to achieve mutually beneficial solutions.

• Prepare reports and updates for loan committees and regulators as required.

• Provide expertise in SBA, CRE, C&I, and Agricultural credits, with the ability to navigate complex loan structures.

• Ensure compliance with all regulatory requirements, internal policies, and industry best practices.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Business, or related field.

• Minimum of 5–7 years of experience in loan workout, special assets, or credit risk management.

• Strong knowledge of SBA programs and regulations; expertise in CRE, C&I, and Agricultural lending preferred.

• Proven ability to manage complex borrower relationships with professionalism and tact.

• Exceptional analytical, negotiation, and problem-solving skills.

• Strong written and verbal communication skills; ability to present findings to senior leadership.

• Commitment to the Bank’s culture of relationship-driven, community-focused banking.

Why Join the Bank?

• Be part of a large community bank with the heart of a small one—where decisions are local, culture matters, and relationships drive success.

• Opportunity to work closely with executive leadership and play a critical role in shaping credit and workout strategies.

• Competitive compensation and benefits, with a team-oriented environment that values integrity, collaboration, and long-term success.