Loan Workout Officer jobs in North Carolina
Loan Workout Officer restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with small- and mid-size loans of little to medium complexity. Being a Loan Workout Officer typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Loan Workout Officer jobs
SAG Workout Officer IV
- Fifth Third Bank, National Association
-
Charlotte, NC
FULL_TIME
- Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Works in the Special/Unique group to assist and direct in the orderly liquidation/exit and rehabilitation of the very large and complex credits with a high dollar impact to the organization. To collaborate with the Portfolio Manager to maintain portfolio by monitoring credits to formulate and drive strategic plans to maximize the returns to the Bank. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank#s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. ESSENTIAL DUTIES AND RESPONSIBILITIES: Collection of past due accounts Formulate and execute exit strategies on the largest and most complex administrative loans Recommend/Negotiate best course of action on the largest and most complex Administrative Loans Collaborate with Portfolio Managers to obtain necessary financial information required to properly track financial covenants, exceptions and preparation of approvals Work closely/assist the Wholesale Line of Business on potential trouble credits Identification of potential loss on administrative credits Complete required reporting; such as ALSR's on administrative credits Maintain adequate credit/collateral files Identify when legal counsel is required given transaction complexity Serve as coach and mentor to junior workout officers Attend Admin Loan Meetings to present collection update and strategy Other duties as assigned SUPERVISORY RESPONSIBILITIES: None. MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED: Bachelor's Degree in accounting, finance or economics preferred or equivalent work experience required Typically requires 10 years workout or related banking experience Deep understanding of credit policies, procedures and decisioning tools Knowledge of bankruptcy law and related legal proceedings Requires strong oral, written communication, and negotiation skills Ability to access, analyze and recommend the best course of action in difficult credit situations Possess analytical and problem solving skills PC proficiency with Windows based word processing and spreadsheet applications WORKING CONDITIONS: Normal office environment with little exposure to dust, noise, temperature and the like Extended viewing of a CRT screen Travel Required SAG Workout Officer IV LOCATION -- Charlotte, North Carolina 28202 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step? Fifth Third Bank, National Association is one of the top-performing banks in the country, with a history that spans more than 150 years. We’ve staked our claim on looking at things differently to make banking a Fifth Third better. This applies to our relationships with customers and employees alike. We employ about 18,000 people while offering: • A chance for employees to build their future, with supportive career development and comprehensive health and financial wellness programs. • An environment where we win together by celebrating achievements and working collaboratively. • An opportunity to make a difference in a positive and lasting way. Everything we do is geared toward improving lives. We’re proud that Fifth Third is a warm and caring place to grow – as a customer and as a team member.
- Just Posted
Loan Officer
- AgSouth Farm Credit
-
Ellerbe, NC
FULL_TIME
- We are seeking a Loan Officer to join our Farm Credit family! This position serves current and prospective customers with sound agricultural credit according to Association policies and procedures. Th...
- 1 Day Ago
Loan officer
- Primary Residential Mortgage
-
Greensboro, NC
FULL_TIME
- Position Purpose - Responsibilities / Duties / Functions / Tasks The main function of this position is to proactively solicit new residential mortgage clients, while developing and cultivating a stron...
- 1 Day Ago
Loan Officer
- Farm Credit Council
-
Greensboro, NC
FULL_TIME
- We are seeking a Roving Loan Officer to join our Farm Credit family! This position serves current and prospective customers with sound agricultural credit according to Association policies and procedu...
- 6 Days Ago
Loan Officer
- AgSouth Farm Credit
-
Salisbury, NC
FULL_TIME
- We are seeking a Loan Officer to join our Farm Credit family! This position serves current and prospective customers with sound agricultural credit according to Association policies and procedures. Th...
- 7 Days Ago
Loan Officer
- Farm Credit Network
-
Greensboro, NC
FULL_TIME
- We are seeking a Roving Loan Officer to join our Farm Credit family! This position serves current and prospective customers with sound agricultural credit according to Association policies and procedu...
- 8 Days Ago
Loan Workout Officer jobs at Popular Companies
Loan Officer
- CapCenter
-
Richmond, VA
- CapCenter is looking for a Loan Advisor to help pursue our mission: simplifying the homeownership journey with consolida...
- 6/2/2024 12:00:00 AM
Mortgage Loan Officer
- Nexera Holdings
-
Emeryville, CA
- Newfi offers an amazing compensation package along with member service leads, digital mortgage technology, top of the li...
- 6/2/2024 12:00:00 AM
Sr. Loan Officer
- New American Funding
-
- Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay t...
- 6/2/2024 12:00:00 AM
Sr. Loan Officer
- New American Funding
-
- Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay t...
- 6/2/2024 12:00:00 AM
Loan Workout Officer III
- Fulton Bank
-
Lancaster, PA
- Value Proposition: Our values define us and our culture inspires us to change lives for the better. Our employees are th...
- 5/31/2024 12:00:00 AM
Loan Workout Officer/Vice President
- Flushing Savings Bank
-
Uniondale, NY
- General Statement of Duties: The Vice President/Loan Workout Officer is responsible for managing loan workout for the ba...
- 5/31/2024 12:00:00 AM
Commercial Loan Workout Officer (Hybrid Remote) - To 90K - Texas - Job 3248
- The Symicor Group
-
Austin, TX
- Our client is seeking to fill a Hybrid Remote Commercial Loan Workout Officer role located near either Austin, McAllen o...
- 5/31/2024 12:00:00 AM
Sr. Loan Officer
- New American Funding
-
- Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay t...
- 5/30/2024 12:00:00 AM
About North Carolina
North Carolina (/ˌkærəˈlaɪnə/ (listen)) is a state in the southeastern region of the United States. It borders South Carolina and Georgia to the south, Tennessee to the west, Virginia to the north, and the Atlantic Ocean to the east. North Carolina is the 28th-most extensive and the 9th-most populous of the U.S. states. The state is divided into 100 counties. The capital is Raleigh, which along with Durham and Chapel Hill is home to the largest research park in the United States (Research Triangle Park). The most populous municipality is Charlotte, which is the second-largest banking center in...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$63,407 to $89,450
Most Popular Cities in North Carolina for Loan Workout Officer Jobs
What does a Loan Workout Officer do?
Loan Workout Officer in Anaheim, CA
Administers and restructures problem loans and deposit relationships, including extremely complex situations, with very little managerial supervision, to assure optimal levels of principal, interest and expense recovery.
November 30, 2019
Loan Workout Officer in Canton, OH
Develops and implements strategies to recover principal from borrowers whose non-performing loans have been charged off.
January 31, 2020
Loan Workout Officer in Indianapolis, IN
Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking.
January 06, 2020