Letter of Credit Officer jobs in Gainesville, FL

If you are looking for a career with purpose, consider joining our Team in our Alachua FL office. 

We are seeking to hire a Special Assets Officer. The successful candidate will manage a loan portfolio of high-risk assets and work to appropriately manage risk with a view toward the desired outcome of improving the borrower’s financial performance, maintaining the relationship, and managing risk reduction.  This position is not a remote position. 

You will be responsible for:

•   Evaluating loan strengths and weaknesses, determining the appropriate collect or correct strategy.
•   Implementing and executing these strategies in an efficient and effective manner within the parameters set by applicable policies, procedures and guidelines as directed      by SAF Management.  
•   Utilizing negotiating skills to resolve problem cases prior to legal action when appropriate and in the best interest of the Association.
•   Complying with Borrower Rights for distressed assets in accordance with FCA and the Association regulations.   
•   Coordinating and managing, in conjunction with Association retained legal counsel, foreclosures and bankruptcy-related litigation activities of the Association.
•   Working to ensure timely legal resolution of foreclosures and bankruptcies to take possession of Association collateral and recover deficiencies in such a manner as to          limit expenses and mitigate losses.   
•   Ensuring that proper and complete accounting records are maintained as prescribed by policy, procedure and GAAP, including but not limited to Charge Off’s, Specific        Reserves, and Quarterly FASB 114 reporting.   
•   Timely and accurate reporting of potential properties moving to OPO.

To qualify for this position, you must have:

•   Skilled and experienced in negotiating workout strategies, troubled debt restructuring and ability to communicate effectively with the borrowers.  
•   Excellent customer contact skills.
•   Accounting skills are essential for credit analysis.
•   Strong knowledge of basic laws governing commercial lending (including the foreclosure process).
•   Capability of handling high stress situations in a business and professional manner.
•   Ability to negotiate complex transactions.

Education:  Bachelor’s degree in Business Administration, Agriculture, Economics, Finance or related field or equivalent work experience.  Farm Credit experience, is a plus.

Experience: A minimum of five (5) to seven (7) years of agricultural and /or commercial lending experience or related experience.

Farm Credit of Florida is an Equal Opportunity Employer of women, minorities, protected veterans, and individuals with disabilities. Drug Free Workplace.