Loan Workout Officer I

Job Description

About ArborOne Farm Credit

ArborOne Farm Credit provides loans to farmers and rural residents in 12 counties in the Pee Dee region of South Carolina. We are a cooperative, which means we are in business to benefit our customer-owners. ArborOne strives to remain the lender of choice dedicated to providing agricultural lending and farm related services to rural families within our territory. We are also part of the nationwide Farm Credit System, a financial cooperative owned by its member-borrowers that has been serving rural America since 1916.

Position Summary:

ArborOne Farm Credit is seeking a skilled and proactive Loan Workout Specialist to manage a portfolio of distressed and problem loans. This role works collaboratively with lending staff and external partners to develop and execute effective resolution strategies. The ideal candidate brings strong business judgment and problem-solving skills, along with the confidence to make and communicate difficult decisions. This position requires a collaborative approach to working with cross-functional teams and a commitment to delivering solutions that support both borrowers and the organization's financial health, while maintaining sound credit administration and risk management practices.

Key Responsibilities

• Manage and service a portfolio of problem and delinquent loans, including analysis, monitoring, and reporting
• Evaluate borrower financials and recommend appropriate actions, including restructuring, liquidation, or other resolution strategies
• Communicate loan decisions to borrowers, clearly explaining outcomes and rationale
• Coordinate foreclosure, bankruptcy, and other legal proceedings with attorneys and external partners
• Oversee the management, marketing, and disposition of acquired properties
• Partner with lending teams to identify and address emerging credit issues in compliance with applicable regulations
• Determine cost-effective solutions, including troubled debt restructuring when appropriate
• Serve as a primary point of contact for delinquent accounts, supporting relationship managers and ensuring timely collection efforts
• Maintain accurate documentation of all servicing and collection activities
• Contribute to strategic initiatives, projects, and team efforts as needed

Qualifications

Required:

• 5+ years of experience in credit administration, loan servicing, special assets, or a related field
• Strong understanding of loan structures, credit analysis, and risk management
• Demonstrated ability to maintain confidentiality and exercise sound judgment
• Self-motivated with the ability to organize, prioritize, and manage multiple priorities and deadlines independently and efficiently
• Ability to make sound, timely decisions in high-pressure situations
• Capacity to represent the association in legal proceedings when required
• Excellent organizational skills with the ability to manage multiple
• Strong communication skills, both written and verbal, with the ability to interact professionally with internal and external stakeholders
• Experience working within a structured, compliance-driven environment
• Proficiency in financial systems and loan administration tools
• Ability to travel within the territory serviced by the Association, as required

Preferred

• Education and/or experience equivalent to a Bachelor's degree in Business, Finance, or a related field