F&M Trust
  • 01-May-2017 to 30-Jun-2017 (EST)
  • Credit Recovery
  • Chambersburg, PA, USA
  • Salary
  • Full Time

Comprehensive Benefits Package plus Pay-for-Performance


Responsible for working with the Chief Credit Officer to minimize credit losses and maximize credit recoveries through the reasonable and prudent efforts of the credit recovery function, while complying with the appropriate laws/regulations, and departmental operating policies and procedures. Administers all legal enforcement of commercial loans, including closed and open-end (regardless of lien position), acquisition approval and bidding and maintenance, and sale of repossessed/foreclosed assets.  Manages the Bank's legal, financial and reputation risk associated with collection of the commercial portfolio.  Attend and participate in training programs as necessary; providing periodic reports; coordinating work with others within the bank; and demonstrating a commitment to community involvement.


  1. Minimizes credit loss and maximizes credit recovery through:
    1. Formulating, recommending and implementing commercial loan (watch list) workout/liquidation strategies.
    2. Effectively estimating the liquidation value of real and personal property collateral thereby minimizing the risks of overstating interest income and unallocated losses.
    3. Accurately applying standard accounting practices to recommend nonaccrual status, contract vs. book, etc.
    4. Obtaining appropriate approvals for and ensuring documentation of departmental actions thereby mitigating legal and reputation risk.
  1. Consistently applies superior decision making to inquiries, approvals and requests as they apply to existing policies and procedures, keeping within assigned approval limits.
  1. Complies with established operating policies and procedures in order to maintain adequate controls and to support the bank's adherence to outside regulatory requirements.
  1. Communicates with the Chief Credit Officer and interfaces with other department managers and appropriate staff personnel in order to integrate goals and activities.
  1. Reviews and ensures delinquencies are kept to a minimum through effective negotiating and follow up skills to help mitigate risk to the Bank; ensures assets are protected with a high level of integrity; assists in bringing past due accounts to current status to prevent receivable aging and loss potential.
  1. Monitors bankrupt loans and coordinates preparation of court documents with outside counsel as applicable.
  1. Maintains a working knowledge and understanding of applicable collection laws and guidelines.
  1. Provides periodic reports to the Chief Credit Officer, various committees and other groups as required throughout the bank.
  1. Participates in various community events in order to increase the bank's visibility and strengthen relationships with the communities we serve.


  1. Keeps up-to-date with bank communication regarding policy changes, new products and initiatives, personnel changes, etc.
  1. Identifies own strengths and developmental areas and sets goals as aligned with supervisor's expectations. Initiates coaching sessions with supervisor to share progress and receive feedback towards goals.
  1. Follows corporate policy and upholds bank standards in accordance with the bank's Code of Business Ethics and Conduct.
  1. Performs duties in a manner that ensures bank compliance with all applicable state and federal laws.
  1. Performs other related duties as assigned or directed.


An Associate's Degree in a related field is preferred; or, equivalent combination of education and commercial, credit recovery and workout lending experience.  Continued education in position specific training is required.


Experience of 2-3 years is required in all areas of commercial lending including C&I, land development, construction, hotel and ag.  Previous experience in bankruptcy, foreclosure, OREO management and liquidation of assets is required.   Experience with personal computers, Word and Excel software and office equipment is also required.


Must have thorough knowledge of F&M Trust's Lending Policy, commercial loan documents, financial and loan accounting, F&M Trust's procedures regarding real estate liquidation valuation methodologies, internal audit controls and common legal terminology.  Must have working knowledge of Pennsylvania's Banking Code,  Articles 9 of Pennsylvania's Uniform Commercial Code (Secured Transactions), property interests and concurrent ownership, Fair Debt Collection Practices Act, Pennsylvania's Unfair Trade Practices Act, federal bankruptcy law and all federal lending regulations.

Also required are strong communication skills; well-developed interpersonal skills and above average organizational, project management and analytical skills.  Must have the ability to deal tactfully and efficiently with fellow bank employees, customers and other third parties.  Must be able to work at a pace that ensures that established deadlines are met.



  • lift items weighing a maximum of twenty pounds;
  • move freely from one location to another when performing responsibilities of position for purpose of site inspections and meeting customers at place of business;
  • use fine motor movements when entering data on the computer keyboard and using the calculator;
  • express or exchange ideas by means of the spoken word;
  • receive detailed information through oral or written communication;
  • see clearly;
  • stretch and bend when performing work duties;
  • write legibly; and
  • must possess a valid driver's license.
F&M Trust
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