Special Assets Officer I

4 weeks ago

Jefferson City, United States First Mid-Illinois Bancshares Full time

Responsible for managing a portfolio of Classified Assets within established bank policies and procedures to minimize losses and maximize recoveries on loans, repossessed assets and Other Real Estate Owned. Applying those collection efforts in a fair and ethical manner, consistent with applicable regulation and law is critical to the bank and minimizes the inherent risks. The Special Assets Officer I generally works with small to mid-size loans with low to medium complexity.

Responsibilities include, but are not limited to:

  • Responsible for identifying and minimizing potential losses and maximizing recoveries on assigned loan portfolios, through collection activities, developing/negotiating/execution of workout action plans including proposing loan restructures, managing negotiations and legal actions, evaluating bank collateral and documentation, and recommending alternative solutions as well as judgment/foreclosure litigation, asset liquidation and bankruptcy. Make recommendations for additional approval where necessary.
  • Determine and report the appropriate risk classification and recommended reserve for problem loans where applicable.
  • Review delinquency, maturity and unpaid tax reports and follow up with borrowers and loan officers as necessary.
  • Responsible for assigned monthly and quarterly reports such as Delinquent Mortgage Loan Reports, Bankruptcy Reports, and Problem Loan Reports, as applicable.
  • Maintain client contact records.
  • Monitor and manage accounts in bankruptcy, engage bank attorney when necessary, and oversee preparation of bankruptcy proof of claims when prompted by the courts.
  • Prepare documents for repossessions and legal actions against debtors.
  • Engage bank attorney to foreclose or repossess collateral, when necessary, execute required documents, coordinate foreclosure or repossession process, review and maintain legal records.
  • Maintain bank-owned property according to bank policy, review and execute sale documents, and participate in the closing of the asset.
  • Recover past due balances, judgments or in the alternative, negotiate recovery with the appropriate approval.
  • Assist with routine audits.
  • Completed required training associated with job function.
  • All other duties as assigned.
Qualifications

Education/Experience:
  • Bachelor's degree or equivalent of two to four years related experience and/or training; or equivalent combination of education and experience.
Skills:
  • Good communication skills, both verbal and written, are preferred.
  • Ability to meet tight deadlines, work independently, problem solve, set and achieve priorities and goals.
  • Analytical skills sufficient to conduct analysis of problem loans and make recommendations and/or act upon the workout plan.
  • High level interpersonal skills to interact with customers, other departments, and bank attorneys in a professional manner.
  • High working knowledge of both internal policies and procedures and the laws and regulations governing departmental functions to ensure performance of individual job duties within the proper control environment.
  • Thorough understanding of loans and loan systems.
  • Strong computer skills and proficient knowledge of word processing and spreadsheet functions.


First Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

#LI-POST

  • Special Assets Officer I

    4 weeks ago

    Jefferson City, Missouri, United States First Mid Bank & Trust Full time

    Job SummaryWe are seeking a highly skilled Special Assets Officer I to join our team at First Mid Bank & Trust. This role will be responsible for managing a portfolio of classified assets, minimizing losses, and maximizing recoveries on loans and repossessed assets.Key ResponsibilitiesIdentify and mitigate potential losses on assigned loan portfolios through...

  • Special Assets Officer I

    4 weeks ago

    Jefferson City, United States First Mid Bank & Trust Full time

    Position: Special Assets Officer I Location: Jefferson City, MO Job Id: 3811 # of Openings: 1 Responsible for managing a portfolio of Classified Assets within established bank policies and procedures to minimize losses and maximize...

  • Special Assets Officer I

    4 weeks ago

    Jefferson City, United States First Mid-Illinois Bancshares Full time

    Responsible for managing a portfolio of Classified Assets within established bank policies and procedures to minimize losses and maximize recoveries on loans, repossessed assets and Other Real Estate Owned. Applying those collection efforts in a fair and ethical manner, consistent with applicable regulation and law is critical to the bank and minimizes the...

  • Special Assets Officer

    4 weeks ago

    Jefferson City, United States First Mid Bank & Trust Full time

    Position: Special Assets Officer I Location: Jefferson City, MO Job Id: 3811 # of Openings: 1 Responsible for managing a portfolio of Classified Assets within established bank policies and procedures to minimize losses and maximize...

  • Special Assets Officer

    4 weeks ago

    Jefferson City, United States First Mid Bank & Trust Full time

    Position: Special Assets Officer I Location: Jefferson City, MO Job Id: 3811 # of Openings: 1 Responsible for managing a portfolio of Classified Assets within established bank policies and procedures to minimize losses and maximize...

  • Special Assets Officer

    4 weeks ago

    Jefferson City, Missouri, United States First Mid Bank & Trust Full time

    Job SummaryFirst Mid Bank & Trust is seeking a highly skilled Special Assets Officer to join our team. As a Special Assets Officer, you will be responsible for managing a portfolio of Classified Assets within established bank policies and procedures to minimize losses and maximize recoveries on loans, repossessed assets, and Other Real Estate Owned.Key...

  • Special Assets Portfolio Manager

    4 weeks ago

    Jefferson City, Missouri, United States First Mid Bank & Trust Full time

    Job SummaryThe Special Assets Officer I is responsible for managing a portfolio of classified assets within established bank policies and procedures to minimize losses and maximize recoveries on loans, repossessed assets, and other real estate owned. This role requires a fair and ethical approach to collection efforts, consistent with applicable regulations...

  • Special Assets Recovery Specialist

    4 weeks ago

    Jefferson City, Missouri, United States First Mid Bank & Trust Full time

    Job SummaryFirst Mid Bank & Trust is seeking a highly skilled Special Assets Officer to join our team. As a Special Assets Officer, you will be responsible for managing a portfolio of classified assets within established bank policies and procedures to minimize losses and maximize recoveries on loans, repossessed assets, and other real estate owned.Key...

  • Special Assets Portfolio Manager

    4 weeks ago

    Jefferson City, Missouri, United States First Mid Bank & Trust Full time

    Job SummaryWe are seeking a highly skilled Special Assets Officer to join our team at First Mid Bancshares, Inc. The successful candidate will be responsible for managing a portfolio of classified assets, minimizing losses, and maximizing recoveries on loans, repossessed assets, and other real estate owned.Key ResponsibilitiesIdentify and minimize potential...

  • Portfolio Manager I

    3 weeks ago

    Jefferson City, Missouri, United States First Mid-Illinois Bancshares Full time

    As a Portfolio Manager I at First Mid-Illinois Bancshares, you will be responsible for managing a portfolio of classified assets within established bank policies and procedures to minimize losses and maximize recoveries on loans, repossessed assets, and other real estate owned. This role requires a fair and ethical approach to collection efforts, consistent...

  • Commercial Loan Officer

    2 weeks ago

    Jefferson City, United States gpac Full time

    Job Description Commercial Loan Officer Commercial Loan Officers, or Commercial Lenders, work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more. Commercial Lending is more than cold-calling prospects and attending community meetings. The right individual will need to meet with business owners...

  • Commercial Loan Officer

    5 months ago

    Jefferson City, United States Gpac Full time

    Commercial Loan OfficerCommercial Loan Officers, or Commercial Lenders, work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more. Commercial Lending is more than cold-calling prospects and attending community meetings. The right individual will need to meet with business owners face-to-face to build...

  • Security Officer

    4 weeks ago

    Jefferson City, Missouri, United States Securitas Security Services USA, Inc. Full time

    Job Title: Security OfficerWe are seeking a highly skilled and dedicated Security Officer to join our team at Securitas Security Services USA, Inc. As a Security Officer, you will play a critical role in ensuring the safety and security of our clients' assets and people.Key Responsibilities:Patrol designated areas to deter and detect potential security...

  • Asset Protection Officer

    4 weeks ago

    Kansas City, Missouri, United States Home Depot Full time

    Job Title: Asset Protection SpecialistAt Home Depot, we're committed to protecting our assets and ensuring a safe and secure environment for our customers and employees.Key Responsibilities:Prevent financial loss caused by theft and fraudSupport safety and environmental program compliance in assigned storesIdentify incidents of theft and fraud, review CCTV...

  • Office Specialist I Position

    4 weeks ago

    Yuba City, California, United States Yuba City Unified School District Full time

    Job Summary: We are seeking a highly organized and detail-oriented Office Specialist I to join our team at Yuba City Unified School District. As an Office Specialist I, you will provide administrative support to our staff and students, ensuring the smooth operation of our office. Key Responsibilities: Provide administrative support to staff and students ...

  • Special Education Teacher

    1 day ago

    Jefferson, United States ProCare Therapy Full time

    Job DescriptionJob DescriptionMinimum 1+ years special education experience required.Special Education Teachers needed in Jefferson, GA for the 2024-2025 School YearNew job opportunity! A great school district in Jefferson, Georgiais seeking MultipleSpecial Education Teachers for the upcoming School year. Submit your resume today!Description:Fulltime( 40...

  • Special Education Teacher

    1 day ago

    Jefferson, United States ProCare Therapy Full time

    Job DescriptionJob DescriptionMinimum 1+ years special education experience required.Special Education TeacherPositionProCare Therapy is seeking a dedicated Special Education Teacher for a full time contract role in the Jefferson, GA area for the upcoming school year. If this opportunity excites you, we would love to connect and encourage you to apply now!...

  • Software Asset Analyst

    3 weeks ago

    Kansas City, United States Optomi Full time

    Software Asset Analyst Hybrid in Kansas City, MO!The Software Asset Analyst will assist in managing and optimizing the company's software assets, assigning licenses, ensuring compliance with licensing agreements, and supporting the overall software asset management (SAM) processes. Responsibilities of the right candidate: Process new software license...

  • Special Education Teacher

    2 weeks ago

    Jefferson, United States ProCare Therapy Full time

    Job DescriptionJob DescriptionMinimum 1+ years special education experience required.ProCare Therapy is seekingdedicated Special Education Teachers for the upcoming school year! This position is with one of our exceptional partner school districts in the Jefferson, GA area. As a ProCare employee, you will have access to competitive compensation, high-quality...

  • Manufacturing Engineering Technician I

    3 weeks ago

    Arizona City, Arizona, United States Special Devices Full time

    Job SummaryThe Manufacturing Engineering Technician I supports all aspects of automated manufacturing equipment set up, calibration, and preventative maintenance procedures on production equipment. This role assists in all aspects of the day-to-day maintenance support of the production areas, working under direct supervision.Key ResponsibilitiesEnsures...