CoBank · 11 hours ago
Special Assets Officer
Minneapolis, MN, US
Full-time
Hybrid
Mid, Senior Level
$90K/yr - $110K/yr
5+ years expCoBank is a cooperative bank serving vital industries across rural America, and they are seeking a Special Assets Officer. This role involves conducting credit investigations, managing receivables, and collaborating with stakeholders to ensure compliance and effective account servicing.
Banking
No H1B
Responsibilities
Conducts routine credit investigations following established methods, prepares and presents credit reports to senior staff or committee, and assists with account servicing, credit administration, and documentation
Collaborates with Special Assets Officers on shared strategic CoBank clients and coordinates complex account servicing with Farm Credit System Partners
Supports management and staff through research and statistical analysis and carries out collection and portfolio management duties in line with Farm Credit Leasing (FCL) and Farm Credit Administration (FCA) policies and regulations
Collects, maintains and manages receivables on assigned accounts. Responds to questions from customers and associates pertaining to invoices, contractual terms, restructures, extensions and payments on complex accounts
Manages control over assigned accounts, monitoring for payment progress, developing problems, trends, and compliance with covenants. Provides relevant and timely information to internal stakeholders including account officers, relationship managers, credit staff, and portfolio management staff
Manages all activities associated with assigned non-performing accounts within established standards and delegations, including restructures, repossessions, litigation and bankruptcy
Assists with credit administration, account servicing, development, packaging, closing, documentation, and monitoring
Assists management in the preparation of internal research and analysis, provides statistical reports, and verifies information. Prepares and delivers presentations on topics as assigned
Develops and utilizes computerized spreadsheets, programs, and other automated tools for credit analysis, special projects
Qualification
Required
5 years of commercial collection and account workout experience
5 years of relevant experience in banking or finance, preferable in credit
Microsoft Excel- Intermediate
Preferred
Bachelor's Degree in business, finance, or relevant discipline
Benefits
Careers with a purpose
Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
Competitive Compensation & Incentive
Hybrid work model: flexible arrangements for most positions
Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
Robust associate training and development with CoBank University
Tuition reimbursement for higher education up to $10k per year
Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
Associate Resource Groups: creating a culture of respect and inclusion
Recognize a fellow associate through our GEM awards
Company
CoBank
CoBank is a leading cooperative bank serving agribusinesses and rural infrastructure providers throughout the U.S.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
A
Andrew Jacob
Chief Operating Officer
Recent News
2026-01-16
TradingView
2025-12-13
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