We are accepting applications for a Special Assets Support Specialist to join the team.
- Provides support to the special assets group and loan workout officers in the administration of the special assets portfolio, processes and functions.
- Assist with completing analytical reporting and research related functions required in the servicing, liquidating and restructuring of problem loan relationships and assets.
- Assist with all other real estate owned (OREO) responsibilities relating to the acquisition of foreclosed property including reporting to management and accounting.
- Maintain documentation control and credit files for the loan transfer process.
- Responsible for tracking covenant compliance, tickler system, public record filings, client correspondence, loan payments/extensions processing and the tracking and following of collateral insurance.
- May be responsible for ordering appraisals, broker price opinions, environmental and foreclosure reports, track and follow collateral insurance.
- Maintains files, inputs data, follows, monitors and clears exception reports
- Prepares loan presentation as needed.
- Other duties as required.
Qualifications:
- Requires a High School diploma or equivalent
- 2-4+ years experience with loans, credit review, credit and lending analysis, policies, procedures and reporting or other directly related experience.
- A combination of education and experience may meet job requirements.
- Proficient knowledge of loans, credit reviews, foreclosures, taxes, insurance, appraisals and analyzing commercial, consumer and business situations.
- Working knowledge of loss potential, lender liability, financial statements and settlement procedures.
- Requires strong written and verbal communication skills.
- Ability to work under pressure to meet deadlines and work constructively and cooperatively as a team member.
- Must have solid judgment, time management, customer service and problem resolution skills.
- Knowledge of various computer software including spreadsheets and word processing.
