Credit Risk & Special Assets Officer

First National Bank; Annapolis (MD); On-site; USD 62,000 - 118,000; Full time

Job summary

First National Bank is seeking a Special Assets Officer in the Credit unit. This role manages a portfolio of problem loans, develops strategies to improve repayment likelihood, and works with Commercial Banking to address weaknesses while preserving bank capital and ensuring compliance with policy.

You will meet with customers, negotiate workout agreements, coordinate with in-house and outside counsel, and prepare clear, timely reports for management.

Qualifications

• BA or BS required.
• 3+ years of related experience.
• Experience related to Special Assets preferred and familiarity with loan documentation.

Responsibilities

• Manages an assigned portfolio of problem loans.
• Negotiates workout agreements with customers with management oversight.
• Engages and directs in-house and outside counsel and vendors.
• Reviews loans for proper rating and accrual status.
• Prepares data and reports for the supervisor and Credit Committee.
• Supports risk management and compliance within policy.

Skills

Project management

Communication skills

Organizational skills

Analytical skills

Interpersonal skills

Customer service

Personal computer skills

MS Word

MS Excel

MS PowerPoint

Special Assets experience

Education

BA or BS

Tools

MS Word

MS Excel

MS PowerPoint

Job description

First National Bank is seeking a Special Assets Officer in the Credit unit. This role manages a portfolio of problem loans, develops strategies to improve repayment likelihood, and works with Commercial Banking to address weaknesses while preserving bank capital and ensuring compliance with policy.

You will meet with customers, negotiate workout agreements, coordinate with in-house and outside counsel, and prepare clear, timely reports for management.