Senior Special Assets Leader: Complex Credit Recovery

life insurance, paid time off, sick time, 401(k), retirement plan

United States, Washington, Spokane

Mar 24, 2026

** If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.

This position can be located at Denver, CO;
Denver, IA;
Omaha, NE;
Sioux Falls, SD;
Portland, OR;
Spokane, WA and Billings, MT.

What's Important to You
We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Student debt employer repayment program.
• 401(k) retirement plan with a 6% match.
• The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #Team First Interstate .

SUMMARY
The Special Assets Senior Officer manages an assigned portfolio of problem assets focusing on the restructuring, rehabilitation, prompt collection, and liquidation of assets. This position will be responsible for managing the most complex credit relationships within the Special Asset Group (SAG) and may have direct supervisory responsibilities of other employees.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Manages, rehabilitates, and/or dispositions all assigned assets.
• Establishes workout strategies and goals for assigned credits.
• Prepares comprehensive quarterly Problem Loan Reports.
• Negotiates with borrowers regarding restructuring, collection, and enforcement activities.
• Works with inside and outside legal counsel and third parties in resolving problems.
• Assigns risk ratings, potential loss exposure, and accrual statuses on managed portfolio.
• Communicates with assigned clients and documents the credit file.
• Approves credit requests and charge-offs within the assigned lending limit.
• Maintains compliance with all state and federal banking laws and regulations and internal lending policies and procedures.

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

KNOWLEDGE,

SKILLS AND ABILITIES

• Ability to read, analyze, and interpret the most complex documents.
• Ability to respond effectively to the most sensitive inquiries or complaints.
• Ability to effectively communicate both orally and in writing with a diverse audience.
• Excellent negotiation skills along with strong technical writing.
• Advanced financial, credit, and collateral analysis skills.
• Well versed on foreclosure processes and bankruptcy laws.
• Ability to independently analyze and resolve problems involving complex credit relationships.
• Capable of establishing effective recovery plans which limit loss exposure.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Ability to deal with complex problems, protect the Bank's interests, and resolve problem credit relationships within a reasonable timeframe.
• Proven ability to work independently.

EDUCATION AND/OR EXPERIENCE

• Bachelor's Degree in Accounting, Finance, or related field required
• 10+ years related experience, training, and/or equivalent combination of education and experience required
• Special Asset experience preferred

PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

• Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
• Sitting - Frequently
• Standing - Occasionally
• Noise Level - Moderate
• Typical Work hours - M-F (8-5)
• Regular and Predictable Attendance - Required
• Travel to borrower's place of business and/or construction sites - 10%

COMPENSATION & BENEFITS

We offer a competitive total compensation package including base salary and benefits. The anticipated pay range for this position is $115,900 to $191,300 per year (in CO & WA) and depends on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills and experience, education, and geographic location. Additionally, this role is eligible to receive annual discretionary cash and stock bonuses.

Benefits available for this…