Special Assets Specialist

Fast forward with Equity Bank. We’re not your typical bank. We challenge the status quo, take risks, think entrepreneurially, and have fun. We want our employees to enjoy coming to work and be proud of the company they call their employer.

There’s no limit to your potential here. Your career growth is determined by what you put into it. We offer opportunities to challenge you, expand your skills, and reward your contributions, with competitive compensation and benefits in a strong working environment.

We want passionate, customer-focused people who are willing to learn and grow. Are you ready to join our team?

See our current open positions.

Position: Special Assets Specialist

Location: Wichita, KS

Remote Status: On-Site

Job : 4463

# of Openings: 1

Department: Credit Administration

Jump start your career at Equity Bank! We are currently hiring energetic, team-oriented, and community-focused individuals to join our team. With a team of best-in-class customer service experts, you'll help to build and expand client relationships, deliver banking products and services that meet the unique and individual needs of clients, and create and uphold an atmosphere of superior experience and service.

Equity Bank supports community involvement through volunteer opportunities aligned with our company initiatives and core values.

Summary:

Responsibilities and Expectations

The Special Assets Specialist reports to the Special Assets Department Lead and VP Director of Special Assets / Senior Credit Officer. The role is responsible for internal controls reporting, designated repossession processes and repossession reporting, and periodic reviews of classified loans to ensure appropriate accrual status and risk ratings.

Responsibilities include:

• Reporting
• Provide senior management with monthly reports to ensure compliance with the bank's SOX controls, including:
• Charge-Offs of $10,000 and greater
• Loans moved to Accrual status on relationships of $250,000 and greater
• Loans moved from Accrual to Non-Accrual status on relationships of $250,000 and greater

• Repossession days
• Origin of Region and Lender
• Charge-Off done at Transfer to Other Assets
• Days to sell
• Gain / Loss in the Other Assets Account
• Overall Cost or Benefit of the repossession

• Process total loss insurance claims
• Perform periodic reviews of classified loans to confirm the appropriate accrual status and risk rating, and if not, propose the needed changes
• Work with the Director of Special Assets to assist in developing action plans and strategies on problem credits

• Keep current on all banking laws and regulations
• Perform other duties as assigned or required

Who we are

Equity Bank, a full-service, $5 billion community bank, is based in Wichita, Kansas, with 72 bank offices throughout Kansas, Missouri, Arkansas, and Oklahoma. Equity Bank offers a full range of financial solutions, competitive compensation and benefits, and opportunities for personal and professional growth.

What’s in it for you?

We believe benefits are an important part of the overall compensation package. We provide up-to-date, competitive programs to support the physical and financial well-being of our employees and their families.

Benefits Available:

• Group Life & Long-Term Disability Insurance
• Flexible Spending & Health Savings Accounts
• Group Cancer Insurance
• 401(k) Retirement Plan with Company Match
• Generous Vacation & Sick Time
• Employee Stock Purchase Plan (ESPP)
• Pet Insurance

Find your future at Equity Bank!

Note:

The above statements describe the general nature and level of work, and are not an exhaustive list of all responsibilities, duties, and requirements.

Physical Requirements

This position requires standing, walking, bending, and squatting on a regular basis. May require the ability to stoop, kneel, crouch or reach with hands and arms. Requires the ability to lift up to 25 pounds on an occasional basis. Must be able to talk and listen to others.

This position regularly works in an office setting with computers and electronic media.

Equity Bank is an Equal Opportunity Employer
. Equity Bank is an Equal Opportunity Employer. We encourage qualified minority, female, veteran, and disabled candidates to apply and be considered for open positions.

Applicants have rights under Federal Employment Laws. Please visit applicable links for more information.