First Financial Bank · 1 week ago
Special Assets Relationship Manager II
Greensburg, IN
Full-time
Onsite
Entry, Mid Level
2+ years expFirst Financial Bank is committed to doing the right things for their clients. The Special Assets Relationship Manager is responsible for managing a portfolio of adversely rated credit relationships, developing action plans for restructuring and recovery, and ensuring compliance with loan agreements.
BankingCreditDebit CardsFinanceFinancial ServicesLending
Responsibilities
Responsible for the daily management of assigned commercial loan portfolio, which includes developing strategies and implementing those strategies to bring the problem loan to a satisfactory resolution within a reasonable time frame
Interacts with commercial borrowers, who are experiencing financial difficulties
Negotiate specific terms and conditions for substandard/non-performing loans; obtain additional/sufficient assets to collateralize loans; and restructure credit facilities to minimize risk
Coordinate the preparation, review and execution of loan documents and agreements
Monitor status of assigned portfolio to ensure compliance with action plans and terms and conditions of agreements
Obtain and review financial statements, perform financial analysis, and monitor collateral; take appropriate remedial action when needed
Coordinate the collection of financial statements, collateral valuations, business plans, and general business information to maintain the accuracy and timeliness of customer data and financial condition
Responsible for portfolio management, consistent review of loan file and status, ensuring that borrower is in compliance with terms and conditions
Managing delinquencies
Managing credit exceptions
Managing covenants
Credit file management
Collection of financial information
Prepares and presents Problem Loan Reports to management
Assists in the preparation of Credit Approval Memos and/or financial analysis
Advises market lenders as to strategies for resolving credit issues/problem borrowers still managed by the market. Market lenders manage problem credits also, so part of the responsibility is working with them in an advisory role
Manages and coordinates foreclosure actions through outside attorneys
Manages interaction with attorneys, receivers, appraisers, auctioneers
Adheres to Bank Policies
Qualification
Required
Bachelor's degree
2 years of proven special assets or commercial credit experience
Credit training, credit quality and underwriting fundamentals experience; including financial analysis required
Excellent interpersonal, written and verbal communication and presentation skills
Excellent organizational skills and ability to handle and prioritize multiple tasks
Well-developed analytical and problem-solving skills
Ability to work effectively with individuals and groups in and managing relationships
Preferred
Depending on the loan, the level of complexity will vary but most will be simple to moderately complex
Deal Type Focus – Small Business, Business Banking and some small Core C&I clients in both C&I and CRE
Has the ability to work more complex transactions with guidance from Managers
Benefits
We have relevant, thoughtful benefits and programs that support every aspect of our associates' holistic wellbeing.
Incentive Eligibility
All roles are incentive eligible with the exception of Co-Op, Intern, or Student positions.
Company
First Financial Bank
First Financial Bank has been in the business of client service and success for more than 150 years.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
$300M2025-11-06Post Ipo Debt· $300M
1983-12-30IPO
Leadership Team
Rick Dennen
Chief Corporate Banking Officer
Recent News
Retail Banker International
2026-01-05
2026-01-03
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