Special Assets Officer

Job Title :

Special Assets Officer

Location : CityScape

What youll do :

As a Special Assets Officer youll recommend and manage internal and external action plans to resolve adversely graded loans minimize bank loss and maximize recovery and return to performing status. Youll be responsible for engaging in direct meetings and negotiations with the Borrower and related parties as well as other 3rd party professionals and vendor.

• Responsible for supporting the Special Assets team by preparing organizing and maintaining working files on assigned assets requiring knowledge of all loan and real estate documentation. Communicate with borrowers to identify reasons for problem and negotiates acceptable terms and conditions for reinstatement or curing default.
• Calculate amounts owed on loans; prepares / reviews reinstatement and payoff statements default notices bankruptcy Proofs of Claim. Perform loan and borrower research on loan servicing systems. Prepares loan assumption forbearance and loan modification documents. Order and track all necessary third-party reports such as : appraisals Broker Opinions of Value environmental inspections property profiles title reports invoices etc.
• Act as the Banks Loan Recovery Officer. Initiates Trustee and Attorney engagement packages for foreclosure receivership bankruptcy or other legal actions. Coordinate collection efforts on adversely graded credits with other institutions such as banks title companies and the Small Business Administration while maintaining the Banks best interest.

What youll need :

Benefits youll love :

We offer all the important things youd want like competitive salaries an ownership stake in the company medical and dental insurance time off a great 401k matching program tuition assistance program an employee volunteer program and a wellness addition youll have the opportunity to bolster your business knowledge learning the ins and outs of how successful companies operate and manage their finances giving you invaluable hands-on experience to help grow your career!

About the company :

Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona Alliance Association Bank Bank of Nevada Bridge Bank First Independent Bank and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race sex color religion age nation origin marital status disability protected veteran status sexual orientation gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and / or need an alternative method of applying please email or call . When contacting us please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation

Required Experience :

Unclear Seniority

Key Skills

Computer Science,Continuous Integration,Fraud,Intake Experience,Law Enforcement,Usability,Analysis Skills,Computer Forensics,Driving,Teaching,Counterintelligence,Sass

Employment Type : Full-Time

Experience : years

Vacancy : 1