Special Assets Manager: Turnaround & Recovery Leader

Wilsonbank; Lebanon (TN); On-site; USD 75,000 - 110,000; Full time

Job summary

Wilson Bank & Trust in Lebanon, TN seeks a Special Assets Manager to lead the resolution of distressed loans, mitigate losses, and drive recovery strategies across the credit portfolio. You will partner with underwriting, legal, and collections teams to evaluate collateral, structure modifications, and pursue foreclosure when necessary.

This role requires strong analytical and communication skills, a solid understanding of the lending process, and a commitment to integrity and client

Qualifications

• Bachelor’s degree in business, finance, or related field preferred.
• High School diploma or GED required or equivalent experience.
• Subject matter expertise in collections and special assets preferred.
• Strong knowledge of the lending process from origination to recovery.

Responsibilities

• Manage and resolve loans in default or at risk of default.
• Minimize potential losses and evaluate recovery options.
• Review distressed loans and identify risks; coordinate collateral evaluations.
• Communicate with borrowers to explore restructuring and repayment options.
• Develop workout strategies and oversee collateral liquidation.
• Collaborate with legal and management on foreclosures, lawsuits, or bankruptcy as needed.
• Maintain accurate documentation of workout activities and borrower communications.

Skills

Verbal and written communication

Analytical skills

Lending process knowledge

Microsoft Office

Self-motivated

Team collaboration

Urgent-call handling

Education

High School diploma or GED

Bachelor’s degree in business or finance preferred

Tools

Microsoft Office

Job description

Wilson Bank & Trust in Lebanon, TN seeks a Special Assets Manager to lead the resolution of distressed loans, mitigate losses, and drive recovery strategies across the credit portfolio. You will partner with underwriting, legal, and collections teams to evaluate collateral, structure modifications, and pursue foreclosure when necessary.

This role requires strong analytical and communication skills, a solid understanding of the lending process, and a commitment to integrity and client