Special Assets Officer

Job overview

The Special Assets Officer role is onsite in Austin, TX. Compensation is not specified. The position supports Third Coast Bank’s management of high-risk and problem loans. The officer analyzes borrower and collateral risk, develops and carries out loan-resolution plans, and monitors problem-loan status. The work helps the bank manage collections, restructurings, foreclosures, and reporting while coordinating with internal lenders and external professionals.

What you'll do

• Analyze high-risk borrowers and prepare loan action plans
• restructure and renew loans and carry plans through resolution
• coordinate with attorneys, appraisers, and collateral inspectors
• handle bankruptcies and attend hearings or mediations with attorneys
• foreclose on and liquidate collateral as needed
• handle SBA guarantee claims
• monitor past-due loans and overdrafts
• assess loan grades, accrual status, collateral values, and reserves
• prepare special-asset reports
• serve as a voting member of the Special Assets Committee.

What we're looking for

Skills & competencies

special assets officer

banking

austin tx

third coast bank

problem loans

loan restructuring

sba loans

collateral analysis

foreclosure

monday–friday 8 a.m.–5 p.m.

Work arrangement

• Weekend coverage required

Why this role

Typical hours are Monday through Friday, 8:00 a.m. to 5:00 p.m.; some travel between bank offices may be required.

About the employer

THIRD COAST BANK is hiring for this role. Industry: Commercial Banking. Sector: 52.