Asset Recovery Strategist

Peoples Security Bank & Trust Company; Moosic (Lackawanna County); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Medical Plans

College Tuition Reimbursement

401(K) Plan

Paid Time Off

Job summary

A regional community bank is seeking a skilled Loan Workout Specialist in Lackawanna County, Moosic. This role analyzes problem loans, negotiates repayment terms, and develops strategies for maximizing recoveries. Candidates should have a B.S. or B.A. degree and at least five years of experience in lending or financial recovery practices. Strong communication, interpersonal relations, and financial statement analysis skills are essential. This position offers a collaborative environment focused on professional growth.

Qualifications

• A minimum of five years’ related experience normally required.
• Thorough knowledge of bank lending principles, policies, and practices.

Responsibilities

• Analyzes assigned problem loans to maximize financial recovery.
• Negotiates restructuring of credit and repayment terms.
• Monitors adherence to workout agreements.

Skills

Strong communication skills

Proficient interpersonal relations

Financial statement analysis

Education

B.S. or B.A. degree in a related field

Job description

A regional community bank is seeking a skilled Loan Workout Specialist in Lackawanna County, Moosic. This role analyzes problem loans, negotiates repayment terms, and develops strategies for maximizing recoveries. Candidates should have a B.S. or B.A. degree and at least five years of experience in lending or financial recovery practices. Strong communication, interpersonal relations, and financial statement analysis skills are essential. This position offers a collaborative environment focused on professional growth.