First Interstate · 8 hours ago
Special Assets Officer II
Omaha, NE
Full-time
Hybrid
Entry, Mid Level
$91K/yr - $151K/yr
1+ years expFirst Interstate BancSystem is seeking a Special Assets Officer II to manage an assigned portfolio of problem assets. This role focuses on the restructuring, rehabilitation, prompt collection, and liquidation of assets while managing credit relationships within the Special Asset Group.
BankingCredit CardsFinancial ServicesWealth Management
Responsibilities
Manages, rehabilitates, and/or dispositions of all assigned assets
Establishes workout strategies and goals for assigned credits
Prepares comprehensive quarterly Problem Loan Reports
Negotiates with borrowers regarding restructuring, collection, and enforcement activities
Works with inside and outside legal counsels and third parties in resolving problems
Assigns risk ratings, potential loss exposures, and accrual statuses on managed portfolios
Communicates with assigned clients and documents on the credit file
Approves credit requests and charge-offs within the assigned lending limit
Maintains compliance with all state and federal banking laws and regulations and internal lending policies and procedures
Qualification
Required
Ability to read, analyze, and interpret documents
Ability to respond effectively to sensitive inquiries or complaints
Ability to effectively communicate both orally and in writing with a diverse audience
Strong negotiation skills along with strong technical writing
Financial, credit, and collateral analysis skills
Working knowledge on foreclosure processes and bankruptcy laws
Ability to independently analyze and resolve problems involving credit relationships
Capable of establishing effective recovery plans which limit loss exposure
Ability to deal with complex problems, protect the Bank's interests, and resolve problem credit relationships within a reasonable timeframe
Proven ability to work independently
Bachelor's Degree in Accounting, Finance, or related field required
1-3 years related experience, training, and/or equivalent combination of education and experience required
Preferred
Commercial and/or agricultural credit experience preferred
Benefits
Generous Paid Time Off (PTO) in addition to paid federal holidays.
Student debt employer repayment program.
401(k) retirement plan with a 6% match.
Medical, dental, vision, short- term and long-term disability benefits and life insurance
Flexible spending accounts
Health savings account
Employee assistance program
Paid Time Off (new hires accrue at .069 per hours worked which equates to approximately 18 days per year inclusive of paid sick time)
Up to 11 paid Federal holidays
Company
First Interstate
At First Interstate, we meet people where they are—helping them get to where they want to be.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Kevin Riley
President and Chief Executive Officer
BRITTNEY BAUER
REAL ESTATE LOAN PROCESSOR/CLOSER
Recent News
2025-10-03
Corridor Business Journal
2025-06-28
2025-06-02
Company data provided by crunchbase