Special Assets Loan Workout Manager

F.N.B. Corporation; Wyomissing (Berks County); On-site; USD 62,000 - 118,000; Full time

Job summary

F.N.B. Corporation is seeking a Special Assets Officer in Wyomissing, PA to manage a portfolio of problem loans and coordinate with Commercial Banking teams. The role focuses on developing strategies to resolve weaknesses, protect bank capital, and minimize loss, with oversight from management.

Responsibilities include negotiating workouts, reviewing loan statuses, and presenting clear loan strategies to the credit committee while ensuring compliance and timely reporting.

Qualifications

• BA or BS degree required.
• 3+ years of related experience preferred in special assets or loan workout context.
• Experience with commercial loan documentation is a plus.

Responsibilities

• Manages an assigned portfolio of problem loans and works with management to improve repayment likelihood.
• Negotiate workout agreements and coordinate with in-house and outside counsel and vendors.
• Review loans for accrual/non-accrual status and recommend impairments or charge-offs.
• Provide data and reports to supervisor and bank personnel on a schedule.
• Present loan strategies to the Special Attention Credit Committee with recommendations.
• Coordinate tasks across departments to ensure smooth information flow.
• Uphold risk management responsibilities and regulatory compliance.

Skills

Excellent project management

Excellent communication

Organizational, analytical, and Interp

Customer service skills

Ability to use a personal computer

Special Assets experience

Education

BA or BS

Tools

MS Word

MS Excel

MS PowerPoint

Job description

F.N.B. Corporation is seeking a Special Assets Officer in Wyomissing, PA to manage a portfolio of problem loans and coordinate with Commercial Banking teams. The role focuses on developing strategies to resolve weaknesses, protect bank capital, and minimize loss, with oversight from management.

Responsibilities include negotiating workouts, reviewing loan statuses, and presenting clear loan strategies to the credit committee while ensuring compliance and timely reporting.