Distressed Asset Manager — Agricultural Lending

MidAtlantic Farm Credit Inc.; Mechanicsburg (Cumberland County); On-site; USD 70,000 - 86,000; Full time

Benefits offered by this job

Medical insurance and vision care

401(k) with employer matching

Paid time off and holidays

Tuition reimbursement

Student loan reimbursement

Leadership and career development

Paid maternity and bonding leave

Job summary

Horizon Farm Credit seeks a Special Assets Officer to manage a portfolio of high-risk assets and guide customers through challenging circumstances while protecting Association assets. The role focuses on analysis, recovery strategies, and collaborative problem solving in a rural credit context.

Ideal candidates have a Bachelor’s degree and 1–3 years of agricultural lending experience, with strong analytical, negotiation, and relationship-management skills.

Qualifications

• Bachelor's degree or equivalent in Business, Agriculture, Economics or Finance.
• 1–3 years of agricultural lending experience.

Responsibilities

• Manage a portfolio of high-risk assets, including loans in bankruptcy, foreclosure, nonaccrual status, and other distressed loan relationships.
• Collaborate with lending staff and leadership to develop and implement effective servicing, collection, and recovery strategies for complex accounts.
• Analyze borrower financial information and evaluate restructuring, collection, and recovery alternatives to determine the least-cost resolution strategy for the Association.
• Develop and document servicing plans for assigned accounts and monitor progress toward resolution objectives.
• Negotiate repayment solutions, restructuring arrangements, and other servicing options with borrowers when appropriate.
• Coordinate legal collection efforts with counsel and assist in managing litigation-related activities involving assigned accounts.
• Manage and facilitate the liquidation of acquired property to maximize recovery for the Association.
• Maintain accurate loan file documentation, CRM records, and portfolio reporting to ensure timely and complete account management.
• Develop knowledge of bankruptcy laws, borrower rights regulations, and collection practices while serving as a resource to colleagues on special assets topics.
• Build productive relationships with distressed customers while balancing customer needs and sound business decision-making.

Skills

Analytical skills

Financial analysis

Negotiation

Communication

Relationship management

Team collaboration

Education

Bachelor's degree

Job description

Horizon Farm Credit seeks a Special Assets Officer to manage a portfolio of high-risk assets and guide customers through challenging circumstances while protecting Association assets. The role focuses on analysis, recovery strategies, and collaborative problem solving in a rural credit context.

Ideal candidates have a Bachelor’s degree and 1–3 years of agricultural lending experience, with strong analytical, negotiation, and relationship-management skills.