The posting
Job Description
We are seeking a Special Assets Loan Officer to join our Farm Credit family! This position manages an assigned high-risk portion of the Association’s loan portfolio. Assembles and evaluates borrower financial information and restructuring plans to determine a cost alternative of collection for the Association and identifies accounts for legal collection action and coordinates activities on loans in litigation with counsel. The location for this position is flexible.
Responsibilities:
Substandard Credit/Non-Earning Assets: Manage assigned high risk loan portfolio and 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. Responsible for all servicing on adversely classed accrual accounts as assigned. Develop plan for each account to upgrade to acceptable status or a liquidation plan.
Collections: Responsible for supervision of 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. Work with association Attorney to monitor progress on legal proceedings to collect debts and any post judgment collection for assigned accounts. Oversee and direct borrower rights/distressed notice process and become directly involved with any restructure applications
Other Property Owned: Responsible for all acquired property, its acquisition, maintenance, and disposition. Ensure compliance with all FCA regulations, state law and ACA policies and procedures with respect to acquisition and disposition of all properties. Develop strategic marketing plans for each property to generate 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 which serve the best interest of the borrower and the Association
- Ability to travel within the assigned territory and occasional travel across the association
- Ability to work independently and as a team member under minimal supervision
- Excellent computer skills
- Focus on problem solving skills with solutions-driven results
- Current awareness of economic developments and production technology affecting agriculture in the region
Other Details:
AgSouth is an Equal Opportunity Employer, including veterans and individuals with disabilities.
Why AgSouth?
When you work here, you have an opportunity to make a difference for agriculture and rural communities. Part of the national Farm Credit System, we are an agricultural lending cooperative that provides loans for land, production agriculture, farm equipment, crop insurance, leasing, and home mortgages. Our $4 billion portfolio of customers and strong presence in local communities across North Carolina, South Carolina, and Georgia allow us to effectively serve our member-borrowers as the largest agricultural lender in the southeast.
At AgSouth, we value our employees and provide them room to grow both personally and professionally. If you’re looking for more than just a job, consider joining the AgSouth family!
What can we offer you?
- Competitive pay, with 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
- A wellness program for employees, which includes resources for a healthier lifestyle
- Corporate learning programs for professional development
- Other perks, such as employee discounts on select cell phone providers, computers, etc.
About Us
ABOUT US
We are an Equal Employment/Affirmative Action employer, including veterans and individuals with disabilities. We do not discriminate in hiring on the basis of age, race, color, national origin, sex, sexual orientation, gender identity, pregnancy (including childbirth or related medical condition), religion, disability, protected veteran status, or any other characteristic protected by federal, state or local law.
If you need a reasonable accommodation for any part of the employment process, please contact us by email at [email protected] or by phone at (912) 764-9091 and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this e-mail address.
Why AgSouth?
When you work here, you have an opportunity to make a difference for agriculture and rural communities. Part of the national Farm Credit System, we are an agricultural lending cooperative that provides loans for land, production agriculture, farm equipment, crop insurance, leasing, and home mortgages. Our $4 billion portfolio of customers and strong presence in local communities across North Carolina, South Carolina, and Georgia allow us to effectively serve our member-borrowers as the largest agricultural lender in the southeast.
At AgSouth, we value our employees and provide them room to grow both personally and professionally. If you’re looking for more than just a job, consider joining the AgSouth family!
What can we offer you?
· Competitive pay, with 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.
· A wellness program for employees, which includes resources for a healthier lifestyle.
· Corporate learning programs for professional development.
· Other perks, such as employee discounts on select cell phone providers, computers, etc.
