Special Assets - Senior Special Assets Officer

NBH Bank • Dallas, TX

3d • Onsite

About The Position

As a Senior Special Assets Officer, you will develop and implement workout plans with loan clients to resolve problems loans with minimal or no credit loss, and when necessary, dispose of collateral and bank owned real estate. You will be responsible for a variety of tasks including discussing intended workout plans with the borrower, legal counsel and provide overview to SAG Director, work closely with outside counsel during default, litigation, foreclosure, bankruptcy, and pursuit of guarantor, and prepare written reports regarding disposition plan for problem loans and bank owned real estate. You will schedule site visits to inspect bank loan collateral and bank owned real estate to better understand the asset and underlying market condition. Additionally, a Special Asset Officer is expected to retain and address more difficult portfolio issues, including legal, accounting and asset complexity, dissemination of department policies and practices to internal partners. Additionally, you are expected to build a great rapport with clients and fellow associates, and treat others with respect and consideration regardless of their status or position.

Requirements

• Bachelor’s degree or equivalent combination of education and related work experience.
• 10+ years related experience and/or training.
• Commercial and/or Real Estate lending background or applicable workout experience.

Nice To Haves

• Master’s degree in Finance, Accounting or related field.
• 15+ years related experience and/or training.
• Extensive Commercial and/or Real Estate background including Lending, Brokerage, Legal or other applicable work out experience.
• Proficient in MS Office applications which include Outlook, Word, and Excel.
• Ability to prioritize competing demands and effectively manage multiple tasks and/or projects.
• Possess strong verbal, written and interpersonal communication skills with the ability to write reports, correspondence, and procedures, and communicate effectively with senior leadership and bank personnel.
• Have knowledge of bank operation systems, compliance, and regulatory standards.
• Must be able to deal with ambiguity, think critically, solve problems creatively, plan and meet deadlines; demonstrate strong sense of personal accountability.
• Strong analytical ability to synthesize and communicate complex information, to achieve desired results.

Responsibilities

• Develop and implement workout plans with loan clients to resolve problem loans with minimal or no credit loss.
• Dispose of collateral and bank owned real estate when necessary.
• Discuss intended workout plans with the borrower and legal counsel.
• Provide overview of workout plans to SAG Director.
• Work closely with outside counsel during default, litigation, foreclosure, bankruptcy, and pursuit of guarantor.
• Prepare written reports regarding disposition plan for problem loans and bank owned real estate.
• Schedule site visits to inspect bank loan collateral and bank owned real estate to better understand the asset and underlying market condition.
• Retain and address more difficult portfolio issues, including legal, accounting and asset complexity.
• Disseminate department policies and practices to internal partners.
• Build a great rapport with clients and fellow associates.
• Treat others with respect and consideration regardless of their status or position.

Benefits

• The Bank is committed to providing qualified applicants and associates reasonable accommodation, when necessary, to enable the individuals to complete the application process and/or perform the essential functions of the job.
• The Bank's policy is to provide equal opportunity to all people without regard to race, color, religion, national origin, ancestry, marital status, veteran status, age, disability, pregnancy, genetic information, citizenship status, sex, sexual orientation, gender identity or any other legally protected category.
• The Bank is proud to be a drug-free workplace.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree