Special Asset Officer bei Horizon Farm Credit
Horizon Farm Credit · Saint Petersburg, Vereinigte Staaten Von Amerika · Onsite
- Professional
- Optionales Büro in Saint Petersburg
We are currently hiring for a Special Asset Officer to join our Team!
The Special Asset Officer will manage a loan portfolio of high-risk assets and work to appropriately manage risk with a view toward the desired outcome of improving the borrower’s financial performance, maintaining the relationship, and managing risk reduction.
Responsibilities:
- Evaluating loan strengths and weaknesses, determining the appropriate collect or correct strategy.
- Implementing and executing these strategies in an efficient and effective manner within the parameters set by applicable policies, procedures and guidelines as directed by SAF Management.
- Utilizing negotiating skills to resolve problem cases prior to legal action when appropriate and in the best interest of the Association.
- Complying with Borrower Rights for distressed assets in accordance with FCA and the Association regulations.
- Coordinating and managing, in conjunction with Association retained legal counsel, foreclosures and bankruptcy-related litigation activities of the Association.
- Responsible for overseeing foreclosure and bankruptcy cases to secure Association assets and recover outstanding balances.
- Ensures legal actions are resolved efficiently to reduce costs and limit financial exposure.
- Ensuring that proper and complete accounting records are maintained as prescribed by policy, procedure and GAAP, including but not limited to Charge Off’s, Specific Reserves, and Quarterly FASB 114 reporting.
- Timely and accurate reporting of potential properties moving to OPO.
To qualify for this position, you should possess the following:
Education: Bachelor’s degree in Business Administration, Agriculture, Economics, Finance or related field or equivalent work experience. Farm Credit experience, is a plus.
Experience: A minimum of five (5) to seven (7) years of agricultural and /or commercial lending experience or related experience.
Other Skills & Abilities:
- Skilled and experienced in negotiating workout strategies, troubled debt restructuring and ability to communicate effectively with the borrowers.
- Excellent customer contact skills.
- Accounting skills are essential for credit analysis.
- Strong knowledge of basic laws governing commercial lending (including the foreclosure process).
- Capability of handling high stress situations in a business and professional manner.
- Ability to negotiate complex transactions.
Farm Credit of Florida is an Affirmative Action/Equal Opportunity employer, including veterans and individuals with disabilities. Drug free workplace.