Special Assets Recovery Officer I

First Mid-Illinois Bancshares, Inc.; Paris (IL); Sur place; USD 65 000 - 90 000; Plein temps

Avantages offerts par ce poste

Health coverage

401(k) match

PTO & holidays

Tuition reimbursement

Résumé du poste

First Mid Bancshares, Inc. is seeking a Special Assets Officer I to manage a portfolio of classified assets and maximize recoveries while adhering to bank policies and applicable laws.

You will lead workout plans, coordinate with counsel, report on delinquency and bankruptcy, and maintain accurate client and loan records.

A bachelor's degree or equivalent experience is required; the role includes comprehensive benefits as part of our Total Rewards program.

Qualifications

• Bachelor's degree or equivalent of two to four years related experience and/or training; or equivalent combination of education and experience.
• Good communication skills, both verbal and written, are preferred.
• Ability to meet tight deadlines, work independently, problem solve, set and achieve priorities and goals.

Responsabilités

• Identify and minimize potential losses and maximize recoveries on assigned loan portfolios through collection activities and workout plans.
• Determine and report risk classifications and reserves for problem loans.
• Review delinquency, maturity and unpaid tax reports and follow up with borrowers and loan officers.
• Prepare loss mitigation documents in compliance with guidelines.
• Engage bank attorneys for foreclosure or repossession when needed.
• Maintain bank-owned property and assist with closing of the asset.
• Recover past due balances or negotiate recovery with approvals.
• Assist with routine audits and training.

Connaissances

Communication skills

Deadline management

Problem solving

Interpersonal skills

Policy knowledge

Loans knowledge

Computer literacy

Formation

Bachelor's degree or equivalent

Outils

Word processing

Spreadsheet

Description du poste

First Mid Bancshares, Inc. is seeking a Special Assets Officer I to manage a portfolio of classified assets and maximize recoveries while adhering to bank policies and applicable laws.

You will lead workout plans, coordinate with counsel, report on delinquency and bankruptcy, and maintain accurate client and loan records.

A bachelor's degree or equivalent experience is required; the role includes comprehensive benefits as part of our Total Rewards program.