Commercial Special Assests Management Officer - White River Jct, VT

Mascoma Savings Bank Hartford, VT 05047

About the Job

Mascoma Bank has an opening for a Full Time Commercial Special Assets Management Officer position at our Operations Center in White River Junction, VT. The Commercial Special Assets Management Officer will be responsible for reducing or eliminating classified, potentially classified, vulnerable or criticized commercial loan assets by negotiation, restructuring, refinancing, liquidation of collateral or collection under guarantees while maintaining Mascoma Savings Bank’s commitment to its customers and community.


This position requires:

-College Degree in business or equivalent ( Advanced studies preferred )

-Ten years or more of progressive commercial portfolio management preferred

-Five or more years of commercial work-out experience preferred

-Proficient in Commercial Loan and Real Estate Loan Documentation

-Proficient in Real Estate Appraisal Techniques and Real Estate Valuation

-Competent in contemporary business software applications, including Word, Excel, Power Point,        

  and relational data bases.

-Capable of negotiating complex transactions with minimal supervision

-Business knowledge of commercial and real estate law and the bankruptcy code

-Familiarity with 3rd party financing and guarantees

 Mascoma Bank is an Affirmative Action and Equal Opportunity Employer, M/F/D/V