Campus Pride Jobs

Mobile Campus Pride Logo

Job Information

First Interstate BancSystem Special Assets Senior Officer in Denver, Colorado

**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position can be located at our Billings, MT Downtown, Boise, ID W. Overland, Denver, CO Cherry Creek, Des Moines, IA E. Euclid Ave., Omaha, NE 93rd & W. Dodge and Sioux Falls, SD Downtown branch.

What's Important to You We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible. Generous Paid Time Off (PTO) in addition to paid federal holidays. Student debt employer repayment program. 401(k) retirement plan with a 6% match. The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve, and why we want YOU to be a part of it. We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

SUMMARY Manages an assigned portfolio of problem assets focusing on the restructuring, rehabilitation, prompt collection, and if necessary, the liquidation of assets. This position will be responsible for managing the most complex credit relationships within the Special Asset Group (SAG). In addition, this position may have direct supervisory responsibilities of other e

ESSENTIAL DUTIES & RESPONSIBILITIES include the following: other duties may be assigned. Responsible for the management, rehabilitation and/or disposition of all assigned assets. Establishes workout strategies and goals for assigned credits. Prepares comprehensive quarterly Problem Loan Reports. Negotiates with borrowers regarding restructuring, collection, and enforcement activities. Works with inside/outside legal counsel and third parties in resolving problems. Properly assigns risk ratings, potential loss exposure, and accrual status on managed portfolio. Effectively communicates with assigned clients and documents the credit file. Approves credit requests and charge-offs within the assigned lending limit. Maintains compliance with all state and federal banking laws and regulations and internal lending policies and procedures. Ability to travel to borrower's place of business and/or construction sites, limited to less than 10%.

EDUCATION and/or EXPERIENCE BA or equivalent from a college or university in Accounting, Finance or other appropriate business- related field; more than 10 years related experience and /or training; or equivalent combination of education and experience; previous special asset experience preferred.

OTHER SKILLS & REQUIREMENTS

LANGUAGE SKILLS Ability to read, analyze, and interpret the most complex documents. Ability to respond effectively to the most sensitive inquiries or complaints. Ability to effectively communicate both orally and in writing with a diverse audience. Excellent negotiation skills along with strong technical writing.

MATHEMATICAL SKILLS Advanced financial, credit and collateral analysis skills. Well versed on foreclosure processes and bankruptcy laws. Ability to independently analyze and resolve problems involving complex credit relationships. Capable of establishing effective recovery plans which limit loss exposure.

REASONING ABILITY Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. Ability to deal with complex problems, protect the bank's interests, and resolve problem credit relationships within a reasonable timeframe. Proven ability to work independently.

PHYSICAL DEMANDS While performing the duties of this job, the employee is regularly required to walk and talk or hear. The employee frequently is required to stand and sit. The emplo ee is occasionally required to use hands to finger, handle, or feel; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision.

WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

COMPENSATION & BENEFITS We offer a competitive total compensation package including base salary and benefits. The pay range for this position is $124,430 to $205,309 per year in CO and depends on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills and experience, education, and geographic location. Benefits include, but are not limited to, medical, dental, vision, short- term and long-term disability benefits and life insurance, flexible spending accounts, health savings account, employee assistance program, 401(k), Paid Time Off... For

DirectEmployers