Special Assets Officer

Frost; Fort Worth (TX); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Medical, dental, vision, long-term disability, and life insurance

401(k) matching

Generous holiday and paid time off schedule

Tuition reimbursement

Extensive health and wellness programs

Referral bonus program

Job summary

A leading banking institution in Fort Worth is seeking a Special Assets Officer to manage a portfolio of adversely graded loans. The role involves analyzing loans, monitoring financial conditions, and developing collection strategies with integrity and excellence. Candidates should have a Bachelor's Degree in a related field and 3 years of experience in credit administration or lending. The position offers various benefits, including medical, dental, and a 401(k) matching plan.

Qualifications

• 3 years of experience in Credit Administration, Loan Review, or Lending.

Responsibilities

• Analyze and review each assigned loan to determine the proper collection actions that needs to be taken.
• Monitor the financial conditions of borrowers.
• Keep in contact with attorneys regarding legal issues.
• Develop and implement collection strategies.
• Collect payments and liquidate collateral.

Skills

Proficient in Microsoft computer applications

Excellent written and oral communication skills

Education

Bachelor's Degree - Business, Accounting, Finance or equivalent work experience

Job description

Job Description

It’s about interactions more than transactions.

Have others complimented you on your attention to detail and exceptional organizational skills? Are you known for your ability to adapt in everchanging fast paced environments? Are you ready to facilitate all the moving pieces to help deliver a top-quality experience? If so, being a Special Assets Officer with Frost could be for you.

At Frost, it’s about more than a job. It’s about having a flourishing career where you can thrive, both in and out of work. At Frost, we’re committed to fostering an environment that reflects our values and encourages team members to be the best they can be. In joining our adaptable, integrity-driven team, you’ll become part of Frost’s over 150-year legacy of providing unparalleled banking services.

Who You Are

As a Special Assets Officer with Frost, you will be responsible managing a portfolio of adversely graded loans. More than that, this role is about providing top-quality support and doing it with our signature all-win approach in mind.

What You’ll Do

• Analyze and review each assigned loan to determine the proper collection actions that needs to be taken
• Monitor the financial conditions of borrowers
• Keep in contact with attorneys regarding legal issues
• Develop and implement collection strategies
• Collect payments and liquidate collateral
• Always take action using Integrity, Caring, and Excellence to achieve all-win outcomes

What You’ll Need

• Proficient in Microsoft computer applications
• Bachelor's Degree - Business, Accounting, Finance or equivalent work experience
• Excellent written and oral communication skills
• 3 years of experience in Credit Administration, Loan Review, or Lending

Our Benefits

• Medical, dental, vision, long-term disability, and life insurance
• 401(k) matching
• Generous holiday and paid time off schedule
• Tuition reimbursement
• Extensive health and wellness programs, including our Employee Assistance Program
• Referral bonus program + more!

Since 1868, Frost has dedicated their expertise to provide exceptional banking, investment, and insurance services to businesses and individuals throughout Texas. Frost is one of the 50 largest U.S. banks by asset size and is a leader in banking customer satisfaction. At Frost, it’s about being part of something bigger. If this sounds like you, we encourage you to apply and see what’s possible at Frost.