Distressed Loan Recovery Manager

Wilson Bank & Trust; Lebanon (TN); Presencial; USD 70.000 - 110.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Personal days

Sick time

Short-term disability

Employee Assistance Program

Employee Care Fund

Peer awards

Digital rewards platform

Descripción de la vacante

Wilson Bank & Trust in Lebanon, TN seeks a Special Assets Manager to lead the recovery of distressed loans and guide workout strategies across the credit portfolio. You will partner with collections, legal, and operations to minimize losses while providing outstanding customer service.

The role requires strong lending knowledge, excellent communication, and the ability to manage complex cases with urgency. The position reports to Consumer & Small Business Credit Administration and collaborates

Formación

• High School diploma or GED
• Bachelor’s degree in business, finance, or a related field preferred
• 3 years of experience in a similar role
• Subject matter expertise in collections and special assets
• Strong knowledge of the lending process as a whole
• Proficient with Microsoft Office and other standard software applications
• Excellent verbal and written communication skills
• Superior analytical and problem-solving skills, with a strategic and business-focused mindset
• Excellent interpersonal skills with the ability to influence, inspire, and align teams
• High standards for integrity, honesty, professionalism, and work ethic
• Commitment to service excellence
• Demonstrate flexible and efficient time management and ability to prioritize workload
• Ability and willingness to work with purpose and a strong sense of urgency
• Self-motivated, positive, and enthusiastic
• Self-starter with a strong desire to exceed expectations
• Maintain confidentiality discretion
• Ability to effectively work in collaboration with others to achieve business objectives
• Willing to grow and be challenged

Responsabilidades

• Manage and resolve distressed loans
• Minimize potential losses; evaluate recovery options
• Assist in managing troubled credits
• Review distressed loans and identify risks
• Evaluate collateral and verify collateral documentation
• Communicate with borrowers to return loans to a performing status
• Recommend modifications and forbearance agreements
• Develop workout strategies to maximize recovery
• Oversee recovery and liquidation of collateral
• Partner with legal for foreclosure, litigation, or bankruptcy as needed
• Manage REO properties
• Maintain accurate workout documentation
• Verify compliance with lending laws and internal policies
• Prepare detailed loan status reports
• Collaborate with credit, legal, and loan operations
• Maintain professional borrower communications
• Attend training and grow knowledge
• Adhere to BSA/AML regulations
• Participate in outside community activities
• Perform other duties

Conocimientos

Verbal and written communication

Analytical skills

Interpersonal skills

Time management

Self-motivated

Collaboration

Integrity and professionalism

Work ethic

Urgency and drive

Self-starter

Educación

Bachelor’s degree in business/finance/related field

High School diploma or GED

Herramientas

Microsoft Office

Descripción del empleo

Wilson Bank & Trust in Lebanon, TN seeks a Special Assets Manager to lead the recovery of distressed loans and guide workout strategies across the credit portfolio. You will partner with collections, legal, and operations to minimize losses while providing outstanding customer service.

The role requires strong lending knowledge, excellent communication, and the ability to manage complex cases with urgency. The position reports to Consumer & Small Business Credit Administration and collaborates