Banking & Commercial Loan Workout Manager jobs in Parkersburg, WV
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)
Recently Added Banking & Commercial Loan Workout Manager jobs
Commercial Manager
- Infinity Natural Resources
-
Morgantown, WV
FULL_TIME
-
Infinity Natural Resources is an oil and gas exploration and production company located in Morgantown, West Virginia with operations throughout the Appalachian Basin. We are seeking a highly motivated Commercial Manager to join our team and play a pivotal role in managing our crude oil and natural gas exposures through effective hedging strategies. You will be responsible for analyzing market trends, developing, and implementing hedging programs, and mitigating price risks to optimize our company's profitability.
What You Will Be Doing:- Develop and implement comprehensive hedging strategies for oil and natural gas portfolios.
- Conduct in-depth market research and analysis to identify price trends and risk factors.
- Utilize various hedging instruments (options, swaps, futures contracts) to manage price volatility.
- Continuously monitor and evaluate the performance of hedging programs and make adjustments as needed.
- Maintain strong relationships with external counterparties and brokers.
- Manage a hedging budget and ensure adherence to company risk management policies.
- Prepare and present reports, marketing proposals, and hedging strategies to senior management.
- Develop and implement comprehensive oil and natural gas marketing strategies to secure optimal sales contracts.
- Manage and negotiate oil and natural gas sales agreements, ensuring favorable terms for the company.
- Utilize hedging strategies to mitigate price risk and ensure stable revenue streams.
- Oversee the oil and natural gas marketing budget and track performance against key metrics.
- Conduct thorough market research and analysis to identify market trends, pricing opportunities, and potential buyers.
- Manage relationships with key industry players, including pipeline operators, traders, and potential customers.
- Stay abreast of current market conditions, regulations, and industry trends.
Your Background:- Bachelor's degree in Finance, Economics, Business Administration, Petroleum Engineering, or a related field required; MBA preferred.
- Minimum 5 years of experience in commercial, risk management, or gas marketing roles within the oil and gas industry.
- Proven track record of successfully developing and implementing hedging strategies.
- In-depth knowledge of crude oil and natural gas markets, pricing dynamics, and risk management techniques.
- Proven track record of successfully developing and executing oil and gas marketing strategies.
- Strong understanding of hedging instruments and risk management techniques in the oil and gas sector.
- Strong analytical and problem-solving skills.
- Excellent communication, negotiation, and interpersonal skills with the ability to interact professionally with vendors, colleagues, and stakeholders.
- Proficient in Microsoft Office Suite.
- Excellent organizational and time management skills, with the ability to prioritize tasks and meet deadlines in a fast-paced environment.
- Must be able to perform light work – exerting up to 15 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects.
- See, hear, talk and perform tasks requiring manual dexterity and visual acuity; kneel, sit, stand, walk, crouch, stoop, reach, pull, push and other similar, repetitive tasks requiring physical activity.
- Able to operate standard office/computer equipment.
Infinity Natural Resources is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status.
- 8 Days Ago
Banking Center Manager Business Development - Marietta
- WesBanco Bank, Inc.
-
Marietta, OH
FULL_TIME
- Summary: Drive employee engagement by enabling a positive work environment that inspires, motivates, challenges, supports and provides ongoing recognition for exceptional performance. Responsible for ...
- 14 Days Ago
Chief Financial Officer - Banking
- AlignHR, LLC
-
Elkins, WV
FULL_TIME
- Our client, Mountain Valley Bank, N.A. is looking for a highly motivated, conscientious, and driven professional to serve as the bank’s Chief Financial Officer. The primary responsibility for this pos...
- 29 Days Ago
Loan Processor
- Community Savings
-
Caldwell, OH
FULL_TIME
- The Loan Processor handles a variety of tasks in preparation for loan approval. They will handle task including preparing loan documents for closing, uses proprietary system for opening loans, ensures...
- 8 Days Ago
Mortgage Loan Originator
- USA Mortgage
-
Wheeling, WV
FULL_TIME
- Description Who We AreAt DAS Acquisition Company, LLC. (USA Mortgage), our mission is the unrelenting pursuit of perfection. We pride ourselves on the superior level of service that our status as a mo...
- 3 Days Ago
Mortgage Loan Underwriter
- Citizens Bank of West Virginia
-
Elkins, WV
FULL_TIME
- The Mortgage Loan Underwriter is responsible for ensuring effective loan service function within the department. The primary responsibilities include rendering credit decisions on incoming application...
- 11 Days Ago
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0 Banking & Commercial Loan Workout Manager jobs found in Parkersburg, WV area
Store Manager - Grand Central Mall
- Pandora
-
Vienna, WV
- As the largest jewellery brand in the world, we a give a voice to millions of people's loves every day. Our beautiful pr...
- 4/26/2024 12:00:00 AM
Production Leader
- Celanese International Corporation
-
Parkersburg, WV
- Overview: Celanese is a global leader in chemistry, producing specialty material solutions used across most major indust...
- 4/26/2024 12:00:00 AM
store driver
- Advance Auto Parts, Inc.
-
Parkersburg, WV
- Job Description We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for emplo...
- 4/25/2024 12:00:00 AM
Family Medicine Physician
- Kurz Solutions
-
Parkersburg, WV
- Where Small-Town Charm Meets Big-Time Adventure. The Community - Parkersburg, WV Nestled along the scenic banks of the O...
- 4/24/2024 12:00:00 AM
Entry-Level Tolling Customer Service
- ValorVIP
-
Parkersburg, WV
- POSITION OVERVIEW ENTRY-LEVEL TOLLING CUSTOMER SERVICE We are looking for agents to support walk-up customer inquiries, ...
- 4/23/2024 12:00:00 AM
Production Manager Truck Body
- Ntea
-
Mineral Wells, WV
- Matheny Motor Truck Company is looking for an experienced Production Manager to oversee our Towing Division facility in ...
- 4/23/2024 12:00:00 AM
Customer Service Representative (Toll)
- ValorVIP
-
Parkersburg, WV
- POSITION OVERVIEW: CUSTOMER SERVICE REPRESENTATIVE (TOLL) We are looking for Customer Service Representatives to support...
- 4/22/2024 12:00:00 AM
Customer Service Representative (Toll)
- MCI Military Recruitment
-
Parkersburg, WV
- POSITION OVERVIEW: CUSTOMER SERVICE REPRESENTATIVE (TOLL) We are looking for Customer Service Representatives to support...
- 4/22/2024 12:00:00 AM
About Parkersburg, West Virginia
Parkersburg is a city in and the county seat of Wood County, West Virginia, United States. Located at the confluence of the Ohio and Little Kanawha rivers, it is the state's third-largest city and the largest city in the Parkersburg-Marietta-Vienna metropolitan area. The population was 31,492 at the 2010 census. Its peak population was 44,797 in 1960. The city is about 14 miles south of Marietta, Ohio.
The Baltimore and Ohio Railroad reached Parkersburg in 1857, but lacked a crossing over the Ohio River until after the American Civil War. When the B&O completed the Parkersburg Bridge (CSX) 18...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Banking & Commercial Loan Workout Manager jobs
$149,031 to $214,170
Parkersburg, West Virginia area prices
were up 1.2% from a year ago
were up 1.2% from a year ago
What does a Banking & Commercial Loan Workout Manager do?
Banking & Commercial Loan Workout Manager in Columbia, SC
Organizations usually prefer managers who can adapt their skills to different situations.
December 03, 2019
Banking & Commercial Loan Workout Manager in Troy, NY
High priority always comes first As Banking Commercial Loan Workout Manager.
February 14, 2020
Banking & Commercial Loan Workout Manager in Petersburg, VA
There are four different levels of loan workout officers.
January 19, 2020