Commercial Loan Workout Officer jobs in Fort Worth, TX

Commercial Loan Workout Officer restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Being a Commercial Loan Workout Officer works with small to moderate size loans of little complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer typically reports to a supervisor or manager. The Commercial Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Commercial Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Commercial Loan Officer
  • Worthington National Bank
  • Arlington, TX FULL_TIME
  • JOB TITLE: Commercial Loan Officer

    REPORTS TO: Location President

    DEPARTMENT: Lending

    BASIC FUNCTION: Responsible for developing new loan business; developing deposit relationships which includes treasury management services; servicing existing loan portfolio; and collecting past due loans.

    JOB SPECIFICATIONS: College degree in finance, accounting, or related field is required. Must have a minimum of five years' experience in commercial and Real Estate lending. Ability to analyze loan requests and financial capabilities of customers, sufficient knowledge of credit analysis methods and techniques to perform complex credit and financial analyses to support loan decisions, and knowledge of applicable federal and state banking laws and regulations are essential. Organizational, analytical, and negotiation skills, as well as excellent computer skills are also required. Must be self-motivated, able to handle multiple tasks simultaneously, and work in a stressful environment. Good interpersonal, communications, and customer relations skills are required.

    EXTERNAL CONTACTS: Frequent contact with customers, prospective customers, realtors, builders, other lenders, regulators, title companies and appraisers regarding loan inquiries, loan solicitation, and other loan-related business.

    INTERNAL CONTACTS: Regular contact with SLO, lending staff and other Branch personnel; occasional contact with Board of Directors.

    DECISION MAKING RESPONSIBILITIES: Loan authority to be determined based on experience level. Makes credit decisions; oversees closing, funding, and servicing of loans; monitors new loans, past dues, NSFs and exceptions; verifies proper documentation necessary to protect the Bank's interest on loans; assists in the decision-making process for the loan committee, and ensures compliance with applicable laws, regulations, policies, and procedures. Resolves customer complaints and problems.

    KEY ACTIVITIES:

    • Performs commercial lending, real estate lending and business development duties to include:
      a. visiting with and counseling loan prospects and existing customers to develop information regarding loans, deposit accounts, other commercial needs, financial capacity, growth plans, and earnings
      b. obtaining prospect referral information from current customers
      c. preparing loan analyses to determine credit worthiness of loan prospects
      d. preparing loan packages and presenting to Loan Committee
      e. working with customers to determine mutually acceptable lending arrangements.
    • Manages existing loan portfolio to include:
      a. following up with existing customers to determine level of customer satisfaction and if additional customer needs exist
      b. monitoring current loans and credit lines to ensure conformity with loan terms and to detect slow payment trends or deterioration in collateral or the customer's financial condition
      c. managing exceptions.
    • Handles customer service and banking issues to include:
      a. assisting customers directly with their accounts, loans or potential bank relationships
      b. authorizing checks for cashing
      c. determining disposition of daily overdrafts.
    • Maintains an awareness of and involvement in community, civic, and professional activities.
    • Participates in internal officer meetings regarding loan decisions, business development opportunities, advertising issues, community involvement and daily operations.
    • Performs collection duties on past due accounts to include:
      a. identifying problem loans
      b. contacting delinquent borrowers by telephone and/or letters
      c. attempting to work out a repayment schedule
      d. re-writing original loans when applicable
      e. pursuing legal foreclosure, repossession, and sale of collateral when necessary
      f. working with attorneys when liquidation procedures become necessary.

    The above statements describe the general nature and level of work being performed. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of the position. Employees holding this position will be required to perform any other job-related duties as requested by management. All requirements are subject to possible modification to reasonably accommodate individuals with a disability.

  • 5 Days Ago

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Commercial Loan Officer I / Portfolio Manager
  • PointBank
  • Flower Mound, TX FULL_TIME
  • Solicit, promote, market, and facilitate the overall sale of products of the bank. Contribute to the bank’s growth by the effective sale of bank services outside PointBank premises to new and existing...
  • 13 Days Ago

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Loan Officer
  • Helton Real Estate Group
  • Arlington, TX FULL_TIME
  • We are looking for an experienced, service, and detail-oriented mortgage loan officer to join our team. We believe in removing obstacles and creating a supportive environment for you to thrive. If you...
  • Just Posted

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Officer
  • NOAA Commissioned Officer Corps
  • Fort Worth, TX FULL_TIME
  • HOW TO APPLY Thank you for your interest in joining the National Oceanic and Atmospheric Administration (NOAA) Commissioned Officer Corps. By submitting your information, you are applying to join the ...
  • Just Posted

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Commercial Loan Funder II
  • Simmons Bank
  • Fort Worth, TX FULL_TIME
  • It's fun to work in a company where people truly BELIEVE in what they're doing!We're committed to bringing passion and customer focus to the business.Position SummaryCommercial Loan Funder is responsi...
  • 13 Days Ago

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Loan Officer Outside Sales
  • Primary Residential Mortgage Inc
  • Flower Mound, TX 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 strong busi...
  • 22 Days Ago

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0 Commercial Loan Workout Officer jobs found in Fort Worth, TX area

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Commercial Lender
  • Babich & Associates
  • Waxahachie, TX
  • Our customer, a Regional Bank, is looking for Business Development candidate for their commercial lending team. Our clie...
  • 3/27/2024 12:00:00 AM

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SBA Business Development Officer
  • CrossFirst Bank
  • Dallas, TX
  • Overview The SBA Business Development Officer builds a customer base of new clients through prospecting, community invol...
  • 3/27/2024 12:00:00 AM

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AVP Asset Backed Securities Data Analytics
  • GM Financial
  • Fort Worth, TX
  • Overview: Why Securitizations at GM Financial? The AVP ABS Warehouse Data Analytics Finance is a critical technical role...
  • 3/27/2024 12:00:00 AM

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Mortgage Loan Officer - Dallas / Ft. Woth,TX
  • PNC Financial Services Group
  • Fort Worth, TX
  • Job Profile Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the market...
  • 3/27/2024 12:00:00 AM

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Commercial Loan Officer
  • Terrydale Capital
  • Dallas, TX
  • Terrydale Capital is in need of a Commercial Loan Officer to join our growing team! We are actively searching for a dedi...
  • 3/26/2024 12:00:00 AM

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Commercial Real Estate Credit Analyst (C&I LENDING)
  • Texas Exchange Bank
  • Fort Worth, TX
  • Texas Exchange Bank (TEB), owned by the multi-billion-dollar family office of the founder of Q Family Office, is looking...
  • 3/26/2024 12:00:00 AM

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Commercial Banker II
  • CrossFirst Bank
  • Dallas, TX
  • With over $7.4 billion in assets, CrossFirst Bank serves the financial needs of businesses, professionals and their fami...
  • 3/25/2024 12:00:00 AM

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Major Accounts Senior Specialist
  • Toyota Industries Commercial Finance
  • Coppell, TX
  • Who We Are: Based in Coppell, TX, Toyota Industries Commercial Finance (TICF) has over 200 associates and is a commercia...
  • 3/25/2024 12:00:00 AM

Fort Worth is located in North Texas, and has a generally humid subtropical climate. It is part of the Cross Timbers region; this region is a boundary between the more heavily forested eastern parts and the rolling hills and prairies of the central part. Specifically, the city is part of the Grand Prairie ecoregion within the Cross Timbers. According to the United States Census Bureau, the city has a total area of 349.2 square miles (904 km2), of which 342.2 square miles (886 km2) is land and 7.0 square miles (18 km2) is covered by water. It is a principal city in the Dallas–Fort Worth metropl...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Workout Officer jobs
$63,358 to $82,202
Fort Worth, Texas area prices
were up 2.2% from a year ago

Commercial Loan Workout Officer in Lorain, OH
Acts as the primary servicing officer for a problem loan and deposit portfolio.  Meets with problem loan customers on a regular basis, monitors financial performance, establishes action plans to correct problem issues, monitors collateral value and condition and provides continuous diligence to mitigate loss exposure to the bank.
January 23, 2020
Commercial Loan Workout Officer in Colorado Springs, CO
Director - Commercial Loan Workout Officer - Special Assets Group.
January 13, 2020
Commercial Loan Workout Officer in Laramie, WY
Interacts with other workout officers, lending officials, and borrowers to better secure collateral, equity, or other assets of the borrower.
January 31, 2020