The Adam Corporation/Group · 3 hours ago
Special Assets Officer (25-105)
College Station, TX, US
Full-time
Onsite
Mid, Senior Level
5+ years expThe Adam Corporation/Group is seeking a Special Assets Officer primarily responsible for managing the bank’s portfolio of non-performing and classified assets utilizing workout strategies and recovery efforts to minimize credit losses. The role involves assessing problem loans, managing specific problem loan accounts, and maintaining Other Real Estate Owned properties.
Financial Services
Responsibilities
Assess problem loans and develop, negotiate, and execute resolution strategies to emphasize rapid resolution and minimization of credit losses. Ensures proper risk rating, accrual status, and other management reporting is maintained timely and accurately
Assess collateral adequacy and potential impairments by ordering and reviewing appraisals, title searches, and other due diligence to assess recovery potential
Directly manage all aspects of specific problem loan accounts as well as assist loan officers with assessing and managing credit quality. Provide oversight and management of accounts in bankruptcy, foreclosure, and collection. Responsible for reporting on delinquencies, watchlists, charge-offs, and recoveries
Maintain Other Real Estate Owned properties, including maintenance, marketing, and disposition, as well as oversee general facilities maintenance for all branches and administrative offices
Other duties as assigned
Qualification
Required
Five years or more of special assets collection, or related experience and/or training or equivalent combination of education or experience
Strong knowledge of Commercial, Commercial Real Estate, SBA, Mortgage, and general lending processes and regulations
Strong knowledge of credit underwriting
Solid understanding of collateral and loan documentation
Knowledgeable in financial institution operating policies and procedures as well as state and federal banking regulations
Strong skill set in the use of computer software applications
Effective/strong written and verbal communication skills
Strong negotiation skills
Ability to establish and maintain interpersonal relationships
Ability to write reports and business correspondence
Effective time management and organizational skills
Willingness to work flexible hours and travel periodically
Company
The Adam Corporation/Group
The Adam Corporation/Group is a company based out of One Momentum Blvd., Suite 1000, College Station, TX, United States.
11-50 employees
H1B Sponsorship
The Adam Corporation/Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
Funding
Current Stage
Early StageCompany data provided by crunchbase