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)
Job Title: Commercial Loan Officer
Reports To: Director of Loan Operations
Direct Subordinates: None
Duties and Responsibilities:
Basic Functions: Serve as contact person for the Bank’s commercial clients in the designated service area. Under general supervision and in accordance with established policies and procedures, originates, underwrites, obtains approval of, and closes commercial loans. Is responsible for calling on prospective customers to promote new business for the Bank as well as retaining current commercial relationships.
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Description of Physical Demands and Work Environment:
These are essential functions of this position, in conjunction with the Americans with Disabilities Act. Note: Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of this position. The Hicksville Bank is an Equal Opportunity Employer.
Job Type: Full-time
Pay: From $70,000.00 per year
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Work Location: In person
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