Special Asset Manager

SUMMARY:

Assist Loan Officers in identifying and managing non-performance loans. This associate will also manage bankruptcy customers, foreclosure and repossession processes, non-accrual loans, and OREO properties. The decisions made by this associate have a direct impact on the bank and the customers.

PRINCIPAL ACCOUNTABILITIES:

Time:   Description:

25%  On a daily basis, will assist Loan Officers in identifying and managing non-performing loans. This associate is responsible for guiding branch associates in the decision-making process surrounding these bad loans and assisting with the proper course of action.

10%  On a daily basis, manage the bankruptcy customers. Ensure bankruptcy customers are going through the proper Fidelity procedures.

15%  On a daily basis, manage the foreclosure and repossession process for all Fidelity Bank customers. Ensure all policies and procedures are being properly followed.

25%  Manage non-accruals and OREO properties.

25%  This position will require frequent contact with attorneys regarding the bankruptcies and foreclosures for the bank.

BASIC QUALIFICATIONS:

Bachelor's degree with 5 years of experience in Bank Special Assets department or an equivalent combination of education and experience.

ADDITIONAL QUALIFICATIONS:

• Prior attendance in business and finance courses preferred.
• Commercial and consumer loan underwriting training.
• Strong PC skills using MS Office Suite.
• Excellent customer service skills.
• Proven decision-making skills in a fast-paced environment.
• Ability to communicate effectively with attorneys.
• Presents him/herself with confidence.
• Possess excellent rapport building skills.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. 

They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. 

Affirmative Action/Equal Employer