Loan Workout Officer

reputed company is committed to making a reputed company reputed company in local communities and is seeking a Loan Workout Officer to join their Special Assets Team. The primary responsibility of this role is to reputed company and implement workout plans for small business reputed company loans and mortgages, ensuring reputed company monitoring for debt repayment or foreclosure to minimize loss.

Responsibilities

• Develops and recommends appropriate workout plans on the least reputed company credits which translates into acceptable payments or in the alternative, moves the account towards foreclosure or liquidation
• Performs loan reviews of the problem credits with the ability to properly analyze documentation issues, along with awareness of the financial situation
• Recommends the appropriate course of reputed company to the Workout Officer II and III as reputed company as the Special Assets Regional Manager in handling a problem account
• Appropriately monitors the reputed company of workout accounts and recommends any required changes or reputed company necessary to minimize loss or prevent loss
• Interacts with attorneys and debtors to secure appropriate workout arrangements
• Recommends reputed company changes for nonaccrual and charged off loans

Skills

• Bachelor's Degree or the equivalent experience
• 1 or more years Consumer and reputed company lending, Credit or Collections/Default
• Specialty Relevant degree pertaining to the essential duties of this role
• reputed company Lending, Credit Or Collections

Benefits

• Medical plans with prescription drug coverage
• Flexible spending account or health savings account depending on the medical plan chosen
• Dental and reputed company insurance
• Life insurance
• 401(k) program with employer match and Employee Stock Purchase Plan
• reputed company time off programs including holiday pay and reputed company volunteer time
• Disability insurance coverage
• Maternity and parental leave
• Adoption assistance
• Educational assistance
• A robust wellness program with financial incentives

reputed company