Banking & Commercial Loan Workout Manager jobs in Connecticut

Banking & Commercial Loan Workout Manager manages a staff of professionals in restructuring problem business banking and commercial loans. Develops strategies to assist lenders and borrowers in establishing collateral, equity, or other assets. Being a Banking & Commercial Loan Workout Manager may require a bachelor's degree. Typically reports to a director. The Banking & Commercial Loan Workout Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Banking & Commercial Loan Workout Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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Manager Trainee - Farmington
  • Tower Loan
  • Farmington, CT FULL_TIME
  • Manager Development Program

    At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectively provide an essential service for customers and become a leader in consumer finance.

    No previous experience is required - we will help you grow your career.

    If you want to work for a company that cares about your career as much as you do, then apply with Tower Loan.

    About Us

    Tower Loan, one of America’s largest privately owned Consumer Finance companies, has been lending money to our customers for personal loans, home equity loans, and retail sales financing for over 80 years. To learn more about Tower Lower, visit https://bit.ly/3cIWAkt.

    Compensation: Earnings are based on a 45-hour workweek

    • During Training: $38,285 / year (Avg. Annual Earnings) uncapped bonus
    • After Training: $60k - $80k / year (Avg. Annual Earnings and bonus)

    $4,000 Sign-On Bonus Breakdown:

    • After 1 month: $1,000
    • After 3 months: $1,000
    • After 6 months: $1,000
    • After 9 months: $1,000

    Benefits & Advantages

    • Skill development & growth opportunities
    • Complete position-based training program
    • Coaching and mentorship
    • Strong hire-from-within policy
    • Competitive salary & unlimited earning potential
    • Comprehensive benefit package
    • Awards, recognition, & appreciation

    Work Hours

    • The work day begins at 8:15 am; Monday – Friday
    • Overtime and working Saturdays is required based on operational needs
    • As an MT, you will work an average of 45 hours every week
    • Extended office hours can vary based on the size of the branch

    Job Responsibilities

    • Become proficient in customer service, sales and marketing, finance, and operations
    • Develop long-term customer relationships by listening to customer needs and recommending the best service via phone and in-person
    • Promote additional products to best serve new and existing customers
    • Contact customers regarding payment reminders and arrangements
    • Assist the Branch Manager to exceed established branch goals
    • Learn and provide support in management responsibility duties such as delegating employee workload and analyzing loan documents
    • Become proficient in all aspects of management such as recruitment, staff development, performance management, and leadership

    Required Qualifications

    • High School degree or equivalent certification
    • Must have a valid driver’s license and reliable vehicle
    • Willingness to relocate upon promotion into management; your preference of relocation is considered, but not guaranteed. (Branch locations: MS, AL, LA, IL, MO, & TX)
    • Employment is contingent upon the successful completion of a background check, drug screening, and credit check.

    #INDTarget
  • Just Posted

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Commercial Credit Loan Review Manager
  • Bankwell
  • Canaan, CT FULL_TIME
  • DescriptionAbout Bankwell:Bankwell is a commercial bank with more than $3 billion in assets that serves the banking needs of businesses and individuals. At Bankwell, we pride ourselves on our unique a...
  • 9 Days Ago

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Commercial Credit Loan Review Manager
  • Bankwell Financial Group Inc
  • Canaan, CT FULL_TIME
  • DescriptionAbout Bankwell:Bankwell is a commercial bank with more than $3 billion in assets that serves the banking needs of businesses and individuals. At Bankwell, we pride ourselves on our unique a...
  • 10 Days Ago

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State Program Manager
  • State of Connecticut - Department of Banking
  • Hartford, CT FULL_TIME
  • Introduction Are you interested in joining a team that plans, monitors, and evaluates programs? If so, we encourage you to apply today! The State of Connecticut, Department of Banking (DOB) is hiring!...
  • Just Posted

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Service Manager- Commercial Roofing Industry
  • Tecta America Commercial Roofing
  • East Hartford, CT FULL_TIME
  • DescriptionWho We Are:Tecta America New England, one of the largest and most successful commercial roofing contractors in the Northeast, is looking for qualified individuals to join our growing East H...
  • 12 Days Ago

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Commercial Banking Technology Architect loanIQ
  • Ehub Global solution
  • Southington, CT FULL_TIME
  • Job Title: Commercial Banking Technology Architect Work Location: SouthingtonCT6489(onsite)Contract duration: 12 monthsJob Details:Must Have SkillsLoan IQ DCT, Loan IQ APIs, Data MappingNice to have s...
  • Just Posted

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Commercial Manager
  • Skanska USA
  • Bothell, WA
  • Job Overview: Skanska is searching for a dynamic Commercial Manager. This is a great opportunity to start a career with ...
  • 6/11/2024 12:00:00 AM

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Commercialization Manager
  • ForceBrands
  • Chicago, IL
  • **This is NOT a job at Forcebrands** Responsibilities: Collaborate with manufacturers to ensure the efficient production...
  • 6/10/2024 12:00:00 AM

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Commercial Manager
  • Bayou Companies
  • New Iberia, LA
  • Position Overview: The Bayou Companies seeks a dynamic and experienced Commercial Manager to join our team. As the Comme...
  • 6/10/2024 12:00:00 AM

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Commercial Manager
  • Rolbay T/A Linesight
  • Birmingham, AL
  • Overview: As a Commercial Manager at Linesight, you will work with highly experienced, culturally diverse, and passionat...
  • 6/9/2024 12:00:00 AM

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Commercialization Manager
  • Tatum by Randstad
  • Harrisburg, PA
  • Commercialization Manager - $90,000 to $120,000 Excellent Harrisburg-based client that we have worked with for a number ...
  • 6/8/2024 12:00:00 AM

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Commercialization Manager
  • Hiring Now!
  • Los Angeles, CA
  • Aspire Bakeries is a North American baking company with a leadership position in specialty frozen baked goods. Formed fr...
  • 6/8/2024 12:00:00 AM

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Commercial Manager
  • Clinton Electric Co.
  • Full Job Description Clinton Electric Co. is a leading electrical company in the Greater Baltimore Area. For over 50 yea...
  • 6/8/2024 12:00:00 AM

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Commercialization Manager
  • Key Corporate Services LLC
  • Carrollton, TX
  • Join our team where we foster a collaborative and dynamic work environment dedicated to our mission of becoming the prem...
  • 6/7/2024 12:00:00 AM

Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. The state capital and fourth largest city is Hartford, and other major cities and towns (by population) include Bridgeport, New Haven, Stamford, Waterbury, Norwalk, Danbury, New Britain, Greenwich, and Bristol. Connecticut is slightly larger than the country of Montenegro. There are 169 incorporated towns in Connecticut.The highest peak in Connecticut is Bear Mountain in Salisbury in the northwest corner of the state. The highest point is just east...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Banking & Commercial Loan Workout Manager jobs
$181,056 to $260,192

Banking & Commercial Loan Workout Manager in Harrisburg, PA
First of all, be honest (remember, if you get this job, the hiring manager will be calling your former bosses and co-workers!).
February 01, 2020
Banking & Commercial Loan Workout Manager in Abilene, TX
For this reason, it is in a banks best interest to renegotiate loans that are in, or near, default status.
February 13, 2020
Banking & Commercial Loan Workout Manager in Ann Arbor, MI
Explain what are your strengths As Banking Commercial Loan Workout Manager.
January 03, 2020