Special Assets Recovery Specialist

BankWest - South Dakota; Pierre (SD); On-site; USD 65,000 - 100,000; Full time

Job summary

BankWest - South Dakota is seeking a Special Assets professional to manage troubled consumer loans and depository relationships, focusing on maximizing recoveries while minimizing risk. You may oversee less complex ag/commercial credits and support the broader Special Assets team.

The role involves maintaining files, coordinating collections, mediations, and court representations as needed, and ensuring compliance with policy, regulatory requirements, and timely reporting.

Qualifications

• Bachelor's degree in a related field required.
• 3 years' lending experience in consumer or ag/commercial lending.
• Experience managing special asset relationships through collection activity.

Responsibilities

• Collections of depository accounts closed with negative balances.
• Manage special assets including troubled consumer loans and less complex ag/commercial relationships.
• Provide guidance to branches on collection and repossession needs, and ensure policy compliance.
• Coordinate workouts, negotiations, and potentially mediations or court appearances.
• Maintain loan files and required reports for timely processing.

Education

Bachelor's Degree in a related field

Job description

BankWest - South Dakota is seeking a Special Assets professional to manage troubled consumer loans and depository relationships, focusing on maximizing recoveries while minimizing risk. You may oversee less complex ag/commercial credits and support the broader Special Assets team.

The role involves maintaining files, coordinating collections, mediations, and court representations as needed, and ensuring compliance with policy, regulatory requirements, and timely reporting.