Special Assets Officer 3

Overview At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration. Just as our employees are committed to helping our customers manage their finances, we're committed to our employees. After all, they make it happen for our customers every day. To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities. Responsibilities Manages a portfolio of credits (usually over $250,000 each) classified at substandard or worse, including charged off credits and OREO (when applicable). Essential Responsibilities: 1. Oversee a portfolio of criticized and classified credits to maximize recoveries and minimize losses with emphasis on: 2. Collecting payments 3. correcting document deficiencies 4. correcting loan agreement violations 5. ensuring proper approval for recommended actions 6. Negotiating effectively with all parties involved in the workout function 7. Rehabilitation or potential upgrades 8. Exiting the loan relationship 9. Work closely with director of Special Assets, Credit management, attorneys, auctioneers and appraisal dept. to ensure 10. Expeditious treatment of foreclosures, litigation, replevins, and liquidation proceedings 11. Prompt sale of OREO accounts assigned 12. Effective review of collateral files where needed 13. Property management of assigned OREO 14. Maintain compliance to policy of assigned portfolio regarding non-accrual treatment, proper risk rating, charge offs, and awareness of the Bank's (and regulatory) policies relative to workouts. 15. Provide updates on a monthly basis to management regarding collateral values, action plans and current status of the portfolio. 16. Monitor the progress of accounts included in the assigned portfolio that have been placed with an attorney for litigation. 17. Establish a reasonable timetable for the resolution of loans assigned. 18. Establish the desired level of reduction in the assigned portfolio 19. Provide guidance to other lenders and interface across multiple Bank business units to ensure timely, efficient and compliant management of stressed and distressed portfolios. 20. Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner. Ancillary Duties: 1. As an integral member of the Credit Administration Department, this position is also responsible to aid wherever necessary to help the Credit Administration Department and the Bank in achieving their annual goals. Ancillary Duties: 1. As an integral member of the Credit Administration Department, this position is also responsible to aid wherever necessary to help the Credit Administration Department and the Bank in achieving their annual goals. Qualifications Education, Training and Requirements: 1. B.S. degree with a major in Finance or Accounting or have met minimum experience in the field satisfactory to the Bank; specialized banking education and training is also required. 2. All applicants must be 18 years of age or older. Skills: 1. Proven negotiation and influential interpersonal sk lls are essential. 2. Good written and oral communication abilities 3. Ability to develop and/or complete effective and accurate financial models 4. Strong background in credit analysis 5. Knowledge of bankruptcy codes, foreclosure, and other liquidation litigation are also needed. Experience: 1. A minimum of five to seven years exposure in special assets at a commercial lending institution including exposure to large and complex credits, participations, loan modifications, bankruptcy and liquidation Other Job Information Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on! Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus. The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law. The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department. <