Special Assets Officer - Military veterans preferred

Burke & Herbert Bank & Trust

We are seeking an experienced Special Assets Officer to join our Credit team. This is a critical role responsible for managing a portfolio of adversely graded commercial real estate (CRE) and other problem loans. The successful candidate will bring strong workout and restructuring expertise, particularly across multi-state jurisdictions.

 

Essential Functions
 Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Manage portfolio of criticized and classified loans
• Work with multiple parties to come to best resolution for the bank in the shortest time frame
• Manage quarterly watch list process
• Provide updates to senior management and other bank committees
• Shadow criticized/classified accounts that are still managed by first line bankers

 

Other Duties

• Keep current on regulatory environment and meet regulatory requirements
• Collaborate with other parts of the bank on macro-economic conditions.
• Maintain approved work-out counsel list

 

Skills/Abilities

• Requires strong communication and quantitative skills.
• Requires strong Excel skills.
• Experience with LoanVantage a plus.

 

Supervisory Responsibility

This position does not have supervisory responsibilities. Job may grow into management position as bank grows.  

 

Work Environment

This job operates in an office setting, the opportunity to telework is not available.  This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.  Office environment with job duties conducted via telephone, face to face meetings, and on the computer.  

 

Physical Demands

This position requires manual dexterity, the ability to lift files and open cabinets.  This position requires bending, stooping or standing as necessary.

 

Travel

Some (<10%) travel required within the footprint of the bank.

 

Education and Experience

• Requires 8 years of experience in commercial real estate credit (which must include at least some experience in special assets/loan workout) or 5 years of specialized experience in special assets/loan workout.
• Undergraduate degree in a related discipline or additional related experience.
• Experience working across multi-state jurisdictions.
• Current/recent special asset/loan workout experience is strongly preferred.

 

 

This position is classified as exempt, and as such it is paid on a salaried basis. The pay range for this position is $140,000 to $180,000 annually if filled in our Bethesda location and $120,000 to $150,000 annually if filled in our Preston location.

 

This position is classified as full-time and the benefits package includes health insurance, dental insurance, vision insurance. Employees may select from coverage options which range from employee only to family coverage. Full-time employees receive Paid Time Off (PTO), a paid holiday schedule, paid bereavement, and paid parental leave. Benefits also include company paid life insurance and paid long-term disability coverage. Our bank also offers a 401(k) with a company match.

Equal Employment Opportunity/M/F/disability/protected veteran status

 

 

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.   Duties, responsibilities and activities may change at any time with or without notice.

This employer is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.



Equal employment opportunity, including veterans and individuals with disabilities.

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