Special Assets Officer I
a day ago
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OnsiteFull-timeEntry
Summary
First Mid is seeking a Special Assets Officer I to join their team in Mattoon, IL. The role involves managing a portfolio of Classified Assets to minimize losses and maximize recoveries on loans and repossessed assets.
About the Role
As a Special Assets Officer I, you will be responsible for identifying and minimizing potential losses on assigned loan portfolios through collection activities, developing workout action plans, managing negotiations, and preparing legal documents. You will also review delinquency reports, maintain client contact records, and assist with audits while ensuring compliance with bank policies and regulations.
About You
Required:
- Bachelor’s degree or equivalent of two to four years related experience and/or training.
- Good communication skills, both verbal and written.
Preferred:
- Ability to meet tight deadlines and work independently.
- Analytical skills sufficient to conduct analysis of problem loans.
Benefits
- Comprehensive healthcare and well-being benefits.
- Paid family leave and generous paid time off.
- Banking perks, tuition reimbursement, and an Employee Stock Purchase Plan.
- 401K plan with company match.
First Mid
First Mid Bancshares, Inc. is a community-focused organization headquartered in Mattoon, Illinois. First Mid offers customers Banking, Insurance, Wealth Management, and Ag services throughout Illinois, Missouri, and Texas. Member FDIC | Equal Housing Lender Security products and/or insurance services are not insured by the FDIC, are not deposits or obligations of the bank, are not guaranteed and may lose value. https://www.firstmid.com/social-media-community-guidelines/
Mattoon, IL