Special Assets - Credit Officer

We are looking for an experienced credit specialist to support special assets and delinquent loan resolution activities for a financial institution. This position plays a key role in protecting portfolio quality by guiding collection strategies for residential mortgage and commercial credits, overseeing foreclosure-related matters, and helping ensure regulatory compliance. The role also partners closely with internal teams and legal counsel to address complex borrower situations and achieve practical recovery outcomes.Responsibilities:• Guide the administration and ongoing improvement of practices governing delinquent loan recovery, foreclosure activity, default resolution, and related collection operations.• Review and authorize collection strategies developed by team members, including repayment plans, workout structures, and other solutions for past-due borrowers.• Monitor reporting for active and recently resolved residential and commercial loans to maintain accurate records and support compliance with credit reporting standards.• Lead foreclosure actions for accounts with limited resolution options, ensuring documentation is complete and loan system information is updated correctly.• Coordinate with outside and internal legal partners on litigation and foreclosure matters, and represent the institution at hearings or proceedings when required.• Oversee real estate owned and foreclosed asset activity, including property inspections, upkeep coordination, and tracking of tax and insurance obligations.• Supervise collections staff, provide direction on daily priorities, and support strong performance across the function.• Work collaboratively with colleagues across the organization to advance departmental objectives and contribute to broader portfolio management goals.• Participate in ongoing development activities such as training sessions, meetings, and industry seminars, while taking on additional assignments as needed.