Special Assets Manager

## Special Assets Manager Apply remote type:
On Site locations:
Lebanon, TNtime type:
Full time posted on:
Posted Yesterday job requisition :
JR1000150

It's fun to work in a company where people truly BELIEVE in what they're doing!  We're committed to bringing passion and customer focus to the business.

Special Assets Manager

Location:

Lebanon, TN
** If you’re looking for a career where purpose meets opportunity, and where your contributions truly make a difference, Wilson Bank & Trust is the place for you.
** ABOUT USWorking at Wilson Bank & Trust means joining a purpose-driven organization where community impact and professional growth go hand in hand. The commitment to serving communities is matched by dedication to supporting employees—through recognition, rewards, and opportunities to grow. Inside our walls, you’ll find a workplace that reflects the same trusted reputation we’ve built since the beginning. Collaboration and servant leadership are at the heart of everything we do, creating an environment where talent is valued and service is elevated.

Your voice matters here—feedback drives decisions on workplace flexibility, transparency, and strategic priorities.

ABOUT THE POSITION
** The Connective Force
** Picture yourself as the lifeblood that ties everything together—the communicator, the problem-solver, the bridge between operational teams. In these roles, you handle urgent calls, craft solutions, and ensure that every signal flows correctly so customers receive the right answers at the right time. You’re the one who steps in when things get tough, the superhero who keeps the mission on track.

If you love variety, collaboration, and the occasional customer interaction, this is your stage. You’ll work across teams, solve challenges with a smile, and make sure the entire organization moves as one.

Position Summary The Special Assets Manager is responsible for managing and resolving loans that are in default, at risk of default, or experiencing other forms of financial distress. This position works to minimize potential losses while evaluating possibilities for recovery and restructuring. The Special Assets Manager reports to the Consumer & Small Business Credit Administration and Collections Manager and provides excellent service and support to team members and customers while demonstrating the Company’s values and supporting the mission.

Position

Duties & Responsibilities
* Responsible for managing and resolving loans that are in default, at risk of default, or experiencing other forms of financial distress
* Minimize potential losses for the bank while evaluating possibilities for recovery and restructuring
* Assist in managing troubled credits
* Review distressed loans and identify potential risks
* Evaluate collateral, order appraisals and in-house evaluations, and verify collateral documentation
* Communicate with borrowers to explore options to return loans to a performing status
* Partner with management to provide recommendations on structure of modifications, repayment plans, and forbearance agreements
* Develop and implement workout strategies to mitigate risk and maximize recovery
* Oversee recovery and liquidation of collateral
* Partner with legal counsel and management to initiate foreclosure, litigation, or bankruptcy proceedings as needed
* Manage REO properties to include maintenance and disposition
* Maintain accurate and timely documentation of all workout activities and borrower communications
* Verify compliance with federal and state lending laws, as well as internal policies and procedures
* Prepare and present detailed reports of loan statuses and recovery efforts to management
* Collaborate with business units such as credit, legal, and loan operations regarding adversely graded loans
* Maintain professional and sensitive communication with borrowers during difficult situations
* Maintain professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, and participating in professional associations
* Attend training as requested
* Adhere to compliance with all federal bank regulations and laws, including those for…