Special Assets Manager - Loan Workouts & Recovery

FNB Corporation; Wyomissing (Berks County); On-site; USD 62,000 - 118,000; Full time

Job summary

FNB Corporation seeks a Special Assets Officer in Wyomissing, PA to manage a portfolio of problem commercial loans. You will develop strategies with management to improve repayment and minimize risk, while coordinating with legal and vendor teams for timely actions.

Responsibilities include reviewing loans for rating and accrual status, presenting strategies to committees, and ensuring efficient information flow within the department. A BA/BS and 3+ years' experience are required.

Qualifications

• BA or BS required.
• 3+ years of job-related experience required.
• Excellent project management skills and communication abilities.
• Strong organizational, analytical and interpersonal skills.
• Excellent customer service and PC/software skills.

Responsibilities

• Manages an assigned portfolio of problem loans and works with management to improve repayment likelihood.
• Negotiates workout agreements to protect or improve repayment or minimize loss.
• Coordinates with inhouse/outside counsel and vendors for timely actions.
• Reviews loans for proper accrual/non-accrual status and recommends impairments/charge-offs.
• Reports information to supervisor and prepares data for committees.

Skills

Project management

Communication

Organizational skills

Analytical skills

Interpersonal skills

Customer service

PC literacy

Education

BA or BS

Tools

MS Word

MS Excel

MS PowerPoint

Job description

FNB Corporation seeks a Special Assets Officer in Wyomissing, PA to manage a portfolio of problem commercial loans. You will develop strategies with management to improve repayment and minimize risk, while coordinating with legal and vendor teams for timely actions.

Responsibilities include reviewing loans for rating and accrual status, presenting strategies to committees, and ensuring efficient information flow within the department. A BA/BS and 3+ years' experience are required.