SAM Loan Officer - Location Flexible

Overview

This position manages an assigned high-risk portion of the Association’s loan portfolio. The role involves assembling and evaluating borrower financial information and restructuring plans to determine the least cost alternative for the Association’s collection efforts, identifying accounts for legal collection action, and coordinating activities on loans in litigation with counsel. Location for this position is flexible.

Responsibilities

Substandard Credit / Non-Earning Assets

• Manage an assigned high-risk loan portfolio and ensure compliance with all Borrower Rights regulations and Association policies and procedures.
• Resolve nonaccrual, acquired property, and other adversely classified accounts in a manner resulting in the least cost alternative for the Association.
• Handle all servicing on adversely classified accrual accounts as assigned.
• Develop a plan for each account to either upgrade to acceptable status or implement a liquidation plan.

Collections

• Supervise all assigned delinquent accounts.
• Work with assigned account officers to ensure timely collection action is implemented and appropriate classifications are assigned to past due loans.
• Coordinate with the Association Attorney to monitor progress of legal proceedings to collect debts, including any post-judgment collection, for assigned accounts.
• Oversee and direct the borrower rights/distressed notice process.
• Become directly involved with restructure applications.

Other Property Owned

• Manage acquired property, including acquisition, maintenance, and disposition.
• Ensure compliance with all FCA regulations, state law, and ACA policies and procedures related to acquisition and disposition of properties.
• Develop strategic marketing plans for each property to generate the highest return in the shortest timeframe.

Requirements

• Education and/or experience equivalent to a Bachelor’s degree.
• 5–7 years related work experience preferred.
• Ability to communicate effectively with all levels of the organization.
• Ability to be assertive and decisive in arriving at sound business decisions that serve the best interest of the borrower and the Association.
• Ability to travel within the assigned territory and occasionally travel across the Association.
• Ability to work independently and as a team member under minimal supervision.
• Excellent computer skills.
• Strong problem-solving skills with solutions-driven results.
• Current awareness of economic developments and production technology affecting agriculture in the region.

Compensation & Benefits

• Competitive pay, including paid vacation, holidays and sick leave, as well as paid time off for volunteering.
• Corporate incentive plan with spot bonuses for top-notch work.
• Medical, dental and vision insurance, as well as life and disability insurance.
• Flexible spending and health savings accounts.
• Generous 401(k) matching contributions, as well as additional employer contributions.
• Reimbursement for approved higher education pursuits.
• Wellness program for employees.
• Corporate learning programs for professional development.
• Other perks, such as employee discounts on select cell phone providers and computers.

Location

• Location is flexible.

Equal Opportunity

• Equal opportunity employer, including veterans and individuals with disabilities.