Special Assets Officer

Frost; Houston (TX); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) matching

Generous paid time off

Tuition reimbursement

Employee Assistance Program

Job summary

Frost in Houston is seeking a Special Assets Officer to manage a portfolio of adversely graded loans. This role involves analyzing loan circumstances and implementing effective collection strategies while maintaining communication with legal representatives.

The ideal candidate will have a Bachelor’s degree along with 3 years of experience in Credit Administration or Lending, coupled with strong proficiency in Microsoft applications and exemplary communication skills.

Qualifications

• 3 years of experience in Credit Administration, Loan Review, or Lending.
• Excellent written and oral communication skills.
• Competence in analyzing financial conditions.

Responsibilities

• Analyze and review loans for collection actions.
• Monitor financial conditions of borrowers.
• Develop and implement collection strategies.

Skills

Microsoft computer applications

Communication skills

Analytical skills

Education

Bachelor's Degree in Business, Accounting, or Finance

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

At Frost, we care about your health, your family, and your future and strive to have our benefits reflect that. This includes:

• 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!