Special Assets - Senior Special Assets Officer

NBH Bank; Dallas (TX); On-site; USD 110,000 - 190,000; Full time

Job summary

NBH Bank is seeking a Senior Special Assets Officer to develop and implement workout plans with loan clients, aiming to minimize credit loss and manage bank-owned real estate. You’ll coordinate with legal counsel and outside advisers, prepare disposition reports, and visit sites to assess collateral and market conditions.

The role emphasizes client rapport, accountability, and working through complex portfolio issues with senior leadership and internal partners.

Qualifications

• Bachelor's degree or equivalent combination of education and related work experience.
• 10+ years related experience and/or training.
• Commercial and/or Real Estate lending background or applicable workout experience.

Responsibilities

• Develop and implement workout plans with loan clients to resolve problem loans with minimal or no credit loss.
• Coordinate with legal counsel and SAG Director; assist outside counsel during default, litigation, foreclosure, or bankruptcy.
• Prepare reports on disposition plans for problem loans and bank-owned real estate.
• Inspect loan collateral via site visits to understand asset and market conditions.
• Maintain rapport with clients and associates and uphold professional standards.

Skills

Analytical thinking

Strategic planning

Effective communication

Problem solving

Team collaboration

Education

Bachelor's degree or equivalent

Tools

MS Office

Job description

It starts with our culture ...

Common sense has never been common.

If it were, the world would be a different place. Things would run smoothly and on time. People would do what they say and say what they do. Everything would be fair, without all the small talk. And banks would only sell you what you need. When a banker looked at a client, they wouldn't just see a number, they'd see a dad or a mom or a graduate or a business owner. Our Bankers understand the complexities of people's lives and offer simple solutions.

That's the basics of Relationships. Fairness. Simplicity. When you choose our Company, you have an opportunity to make an impact beyond the walls of our buildings.

We have a long-standing commitment to Equity, Diversity, and Inclusion. Through our banking relationships, investing, grants, and volunteerism, NBH Bank promotes the growth, revitalization, and sustainability of the communities we serve. We believe that these are important elements in building and sustaining a successful organization and a positive, results-driven culture. We strive for all associates to feel welcome and empowered at work.

As a Senior Special Assets Officer, you will develop and implement workout plans with loan clients to resolve problems loans with minimal or no credit loss, and when necessary, dispose of collateral and bank owned real estate. You will be responsible for a variety of tasks including discussing intended workout plans with the borrower, legal counsel and provide overview to SAG Director, work closely with outside counsel during default, litigation, foreclosure, bankruptcy, and pursuit of guarantor, and prepare written reports regarding disposition plan for problem loans and bank owned real estate. You will schedule site visits to inspect bank loan collateral and bank owned real estate to better understand the asset and underlying market condition. Additionally, a Special Asset Officer is expected to retain and address more difficult portfolio issues, including legal, accounting and asset complexity, dissemination of department policies and practices to internal partners. Additionally, you are expected to build a great rapport with clients and fellow associates, and treat others with respect and consideration regardless of their status or position.

Minimum Requirements:

To be considered for this position, you must possess the following qualifications.

• Bachelor's degree or equivalent combination of education and related work experience.
• 10+ years related experience and/or training.
• Commercial and/or Real Estate lending background or applicable workout experience.

Desired Qualifications:

To be considered an ideal candidate, you should possess some of the following qualifications:

• Master's degree in Finance, Accounting or related field.
• 15+ years related experience and/or training.
• Extensive Commercial and/or Real Estate background including Lending, Brokerage, Legal or other applicable work out experience.

Desired Skills:

Ideal candidates for this position should possess some or all of the following skills:

• Proficient in MS Office applications which include Outlook, Word, and Excel.
• Ability to prioritize competing demands and effectively manage multiple tasks and/or projects.
• Possess strong verbal, written and interpersonal communication skills with the ability to write reports, correspondence, and procedures, and communicate effectively with senior leadership and bank personnel.
• Have knowledge of bank operation systems, compliance, and regulatory standards.
• Must be able to deal with ambiguity, think critically, solve problems creatively, plan and meet deadlines; demonstrate strong sense of personal accountability.
• Strong analytical ability to synthesize and communicate complex information, to achieve desired results.

Work Environment:

We are a culture that believes that people are our greatest asset and are at the heart of everything we do. We take pride in bringing clarity and simplicity to our associates (employees) and clients. Our decisions are made efficiently, fairly, and locally. Our success is directly tied to the communities we serve. It is equally important for us to look through the lens of our applicants and associates to identify their individual needs. As such, we want to share the following:

• We are committed to our core value of meritocracy and supporting our associates in growing within their role.
• When completing certain tasks, an associate may need to be able to grasp, push, pull, lift, bend, raise and hold hands and arms overhead.
• An associate must be able to work overtime to the extent necessary.
• Must be able to travel - estimated at 10% of the time.

The Bank is committed to providing qualified applicants and associates reasonable accommodation, when necessary, to enable the individuals to complete the application process and/or perform the essential functions of the job. An applicant and/or associate requiring reasonable accommodation to perform any essential job function, should contact Human Resources. The Bank's policy is to provide equal opportunity to all people without regard to race, color, religion, national origin, ancestry, marital status, veteran status, age, disability, pregnancy, genetic information, citizenship status, sex, sexual orientation, gender identity or any other legally protected category. The Bank is proud to be a drug-free workplace.

Colorado Residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information. Selected candidate(s) for hire must complete the following prior to employment: a criminal history report, global screen, drug screen, employment credit report and if applicable, a driving record. Applicants must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire.