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)
Description
POSITION SUMMARY
The Commercial Banking Officer is responsible for the business development efforts within an assigned market area, culminating in the creation of new or enhanced deposit relationships and is able to produce and maintain a large portfolio of loan business. Accountable for the evaluation and recommendation of approval for commercial loans.
ESSENTIAL DUTIES AND RESPONSIBILITIES
The essential functions include, but are not limited to the following:
Portfolio Growth & Referrals 40%
Lending & Customer Service 30%
Loan Operations 20%
Other 10%
Requirements
EDUCATION & EXPERIENCE
Central Bank is an Affirmative Action and Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.
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