Special Assets Specialist

Columbia Bank•Tigard, OR

1d•$23 - $33•Onsite

About The Position

This position is responsible for various servicing and support functions related to loans assigned to Special Assets. Primary responsibilities include loan accounting, reporting, reconciliation, payment processing, and account maintenance in accordance with Bank loan policy and procedures while providing exemplary customer service and support to all loan officers. Reconcile customer accounts and understand customer histories to evaluate payment and/or services issues. Perform administrative and office support activities, such as pulling daily and monthly reports for the department, and electronic filing of loan approvals. Gathers data and prepares regular or periodic reports pertaining to department functions and distributes to internal partners. Ensure operation practices follow standard operating procedures, Bank policies, and compliance requirements. Process loan charge off and recovery transactions and update lending platform with coding related to charge off. Manages complex projects, analysis, and other responsibilities as directed. Perform daily/monthly reconciliation of charge off and recoveries. Receive and distribute bankruptcy notices on loans assigned to Special Assets. Update lending core as applicable per type of notice received. Non performing loan general ledger expense tracking and reconciliation. Review Credit Memos for authorized approval authority, distribute and code loan as appropriate. Prepare monthly general ledger and DDA certifications. Complete a wide variety of requests received within a shared Outlook account. Book OREO (Other Real Estate Owned) accounts, post write downs, gain/loss on sale transactions. Maintain, balance, and distribute the OREO reconciliation report. Maintain dashboard reporting of loans assigned to Special Assets for distribution to Special Assets leadership. May assist with department audits and merger activities. Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes. Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training. Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description. May be asked to coach, mentor, or train others as subject matter expert. Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words. Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become Business Bank of Choice May perform other duties as assigned. Works on assignments that are complex in nature where considerable judgment and initiative is required in resolving problems and making recommendations. Normally receives little or no instruction on routine work. May determine methods and procedures on new assignments.

Requirements

HS Diploma or GED (preferred)
5+ years — Back-office accounting and/or banking experience (Preferred)
Ability to work independently with little supervision.
Strong analytical skills and ability to review data and prepare reports.
Recognize problems and determine best approach and/or recommendations.
Working knowledge and experience with Microsoft Office suite (Word, Excel, Outlook)
Strong communication skills, verbal and written.
Strong reading, writing and math skills.
Ability to read and interpret loan documents.
Proficient keyboard skills.
Requires the ability to analyzes problems, determine best approach, compile, and analyze data, prepare reports/recommendations as well as reading, writing, and arithmetic skills, knowledge of department procedures, practices, and policies.
Ability to use office software (i.e., Excel, Word, Outlook, spreadsheets, etc.) and equipment.
Completion of high school, vocational training, or equivalent

Responsibilities

Loan accounting, reporting, reconciliation, payment processing, and account maintenance.
Reconcile customer accounts and understand customer histories to evaluate payment and/or services issues.
Perform administrative and office support activities, such as pulling daily and monthly reports for the department, and electronic filing of loan approvals.
Gathers data and prepares regular or periodic reports pertaining to department functions and distributes to internal partners.
Ensure operation practices follow standard operating procedures, Bank policies, and compliance requirements.
Process loan charge off and recovery transactions and update lending platform with coding related to charge off.
Manages complex projects, analysis, and other responsibilities as directed.
Perform daily/monthly reconciliation of charge off and recoveries.
Receive and distribute bankruptcy notices on loans assigned to Special Assets.
Update lending core as applicable per type of notice received.
Non performing loan general ledger expense tracking and reconciliation.
Review Credit Memos for authorized approval authority, distribute and code loan as appropriate.
Prepare monthly general ledger and DDA certifications.
Complete a wide variety of requests received within a shared Outlook account.
Book OREO (Other Real Estate Owned) accounts, post write downs, gain/loss on sale transactions.
Maintain, balance, and distribute the OREO reconciliation report.
Maintain dashboard reporting of loans assigned to Special Assets for distribution to Special Assets leadership.
May assist with department audits and merger activities.
Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities.
Keeps up to date on regulation changes.
Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
May be asked to coach, mentor, or train others as subject matter expert.
Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
Takes personal initiative and is a positive example for others to emulate.
Embraces our vision to become Business Bank of Choice
May perform other duties as assigned.
Works on assignments that are complex in nature where considerable judgment and initiative is required in resolving problems and making recommendations.
Normally receives little or no instruction on routine work.
May determine methods and procedures on new assignments.

Benefits

Comprehensive healthcare coverage (medical, dental, and vision plans)
401(k)-retirement savings plan with employer match for qualifying associate contributions
Employee assistance program
Life insurance
Disability insurance
Tuition assistance
Mental health resources
Identity theft protection
Legal support
Auto and home insurance
Pet insurance
Access to an online discount marketplace
Paid vacation
Sick days
Volunteer days
Holidays