Relationship Manager – Loan Workouts & Collections

Relationship Manager – Loan Workouts & Collections

States Resources Corp. (SRC)

Location: Omaha, Nebraska (On-Site)

Employment Type: Full-Time

Build Relationships. Solve Complex Problems. Create Value.

For nearly four decades,
States Resources Corp. (SRC) has specialized in acquiring and servicing commercial, agricultural, and consumer loan portfolios from financial institutions across the United States. During our 38-year history, we have invested nearly $1 billion in loan assets and earned a reputation for disciplined investing, exceptional loan servicing, and long-term success.

Unlike a traditional bank, our work begins after loans are acquired. Every day presents new challenges and opportunities to improve portfolio performance through relationship building, financial analysis, loan restructures, collections, and creative problem-solving.

We are seeking an experienced Relationship Manager – Loan Workouts & Collections who enjoys working directly with borrowers, analyzing financial situations, negotiating practical solutions, and maximizing the value of every loan relationship.

If you're looking for a position where your judgment, initiative, and communication skills truly make a difference, we'd like to meet you.

You will manage a diverse portfolio of commercial, agricultural, and consumer loans ranging from approximately $1,000 to $1 million
. Working with performing, delinquent, and distressed loans, you will develop strategies that improve asset performance while treating borrowers with professionalism and respect.

This is much more than a collections position. It is a relationship management role requiring financial analysis, negotiation, creativity, and disciplined execution. Every interaction presents an opportunity to educate borrowers, restructure obligations, recover collateral, or improve loan performance.

You will work closely with SRC's Credit Committee, management team, legal counsel, and outside service providers while contributing to the continued growth of the company.

• Manage a portfolio of commercial, agricultural, and consumer loans.
• Build productive relationships with borrowers while protecting the company's investment.
• Analyze borrower financial condition and repayment capacity.
• Negotiate loan modifications, payment plans, restructures, extensions, and other workout solutions.
• Conduct disciplined collection activities using sound judgment and professionalism.
• Perform borrower due diligence and background investigations.
• Utilize skip tracing techniques and investigative resources.
• Coordinate repossessions, collateral recovery, foreclosure activities, and liquidation strategies.
• Assist with judgment enforcement, garnishments, liens, and post-judgment collection efforts.
• Work with attorneys, repossession companies, investigators, appraisers, and auction companies.
• Prepare written loan analyses and recommendations for SRC's Credit Committee.
• Maintain thorough and accurate documentation within the loan servicing platform.
• Collaborate with coworkers to improve servicing practices and maximize portfolio performance.

One of the unique advantages of joining SRC is the opportunity to participate in activities beyond traditional loan servicing.

Qualified team members may assist with:

• Loan acquisition due diligence
• Loan pricing and valuation
• Credit analysis
• Portfolio acquisitions
• Investment underwriting
• Portfolio analytics
• Process improvement initiatives
• Credit Committee presentations

This broad exposure allows employees to develop expertise across multiple areas of commercial finance and loan investing.

• Experience in commercial banking, consumer lending, agricultural lending, loan servicing, collections, credit administration, special assets, or loan workouts.
• Strong communication, negotiation, and relationship‑building skills.
• Excellent written communication and documentation abilities.
• Strong analytical and problem‑solving skills.
• Ability to manage multiple priorities while maintaining exceptional attention to detail.
• Sound judgment and professionalism when working with borrowers and third parties.
• Proficiency with Microsoft Word, Excel,…