Senior Loan Workout Officer
Capital Farm Credit, ACA - Lubbock, TX

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Description/Job Summary JOB PURPOSE AND SCOPE

Restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with the largest and highest complexity loans. Relies on extensive experience and judgment to plan and accomplish goals. May lead and direct the work of others. A wide degree of creativity and latitude is expected.

At the sole discretion of Capital Farm Credit, position may be offered with a different title, based on the requisite qualifications of the candidate. As such, the essential functions could vary, but will be in general those required to effectively monitor and work through identified problem loans to a successful conclusion for the Association.

Responsibilities/Duties BENCHMARKED JOB FUNCTIONS:

Works with lending staff, legal counsel, fee appraisers, and management to execute action plans for collection/reduction of Special Assets. Assists Association staff with collection actions and relevant correspondence (i.e. Distressed Loan Restructuring notices, Demand notices, etc.), action plans, and collection activities. Executes appropriate collection and/or liquidation actions and provides appropriate communication and reporting of actions taken. Ensures that collection/liquidation actions comply with regulations and ordinances regarding debtor’s rights. Works with collection agents, fee appraisers, service contractors, commission agents/brokers, and other resources as required to accomplish defined objectives. Submits progress reports and other information regarding the status of Acquired Property and selected Special Assets to management. May develop and approve (within delegated authority) or recommend approval of minimum auction reserves and foreclosure bids for Acquired Property. May negotiate with debtors of selected high-risk loans, and with prospective buyers of Acquired Property in order to achieve defined objectives. May approve (within delegated authority) or recommend approval of private-treaty offers, sales contracts, and other disposition of Acquired Property.


General knowledge of accounting/financial systems. Specialized knowledge of accounting/finance principles. Specialized knowledge of loan term negotiation, accounting standards, banking regulations, operations and credit practices. Skill in financial analysis of general commercial/corporate credits. Skill in oral and written communication. Intermediate skill level in the use of various loan analysis software programs. Intermediate skill level in Microsoft Office applications. Ability to perform intermediate-level accounting/financial analyses under limited supervision.

Required Experience Five (5) or more years of progressively responsible banking or related agricultural lending experience.
Required Education Bachelor’s degree in Business Administration, Finance, or a related field

Ability to sit for long periods of time. Ability to stand for limited periods of time. Ability to walk for moderate distances. Frequent finger/hand manipulation (e.g. keyboard, office equipment, small hand tools, etc.). Occasional lifting, carrying, pushing, and/or pulling while exerting up to 50 pounds of force. May require a valid driver’s license.


This job requires strong verbal and written communication skills and listening skills, as well as the ability to read, comprehend and write memos, e-mails, operating manuals and policy directives. The job also requires the ability to provide, follow and convey verbal instruction, and to provide and receive feedback as appropriate in a respectful, business-appropriate manner. The ability to make effective business presentations, both written and oral, in small and large audiences is required. Courteous and professional conduct is required at all times with a willingness to provide and receive constructive input and direction. In working with team members, it is required that you foster open lines of communication by conveying pertinent non privileged industry and company information that is necessary to maximize job performance, knowledge and understanding.


This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job related instructions and to perform any other job related duties requested by the supervisor. This position may frequently become involved in or be made aware of confidential business or personal information as a result of interactions 1) arising under its Job Purpose and Scope, 2) arising from other assigned responsibilities or 3) with other employees. It is an expectation and requirement of the job that confidential information of the bank, its associations and their customers be handled in a professional manner and not be disclosed without approval or used for personal gain. Non-compliance with privacy or confidential information requirements or expectations can result in disciplinary action up to and including termination of employment. All requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other employees. Regular attendance is required in this job. This document does not create an employment contract, implied or otherwise, other than an "at will" employment relationship.



Position will be posted until filled, until sufficient candidates are reviewed to ensure a qualified selection can be made, or until closed at the discretion of the Association.