Commercial Loan Workout Officer jobs in Rockford, IL

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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Loan Officer
  • Farm Credit Council
  • Sycamore, IL FULL_TIME
  • Job Description:

    Compeer Financial is seeking collaborative, innovative and dynamic professionals to be a part of our Top Workplace culture!

    Tell me more about this opportunity.

    Position Overview: This position manages and grows the loan and lease portfolio through counseling and servicing existing clients while pursuing new loan sales development opportunities with prospective clients. Builds strong client relationships and provides innovative and workable alternatives to solve problems clients face in ongoing agricultural operations.

    Essential Functions:

    Meets with clients on the farm and in the office to discuss their financial needs.
    Determines which products Compeer offers will meet their needs for loans, leases, crop insurance, life insurance etc.
    Continually develops solid relationships by bringing valued knowledge and experience to the client to help them manage their agricultural operations more effectively and efficiently.
    Works with clients to gather and analyze their financial information.
    Provides a review of the client financial position utilizing internal tools to provide insights to the client.
    Processes new loan applications, renewal of existing operations for commercial and real estate loans.
    Processes loan servicing requests including partial releases, change of payment, extensions and other items.
    Fields phone calls and attends meeting with clients to discuss agricultural topics.
    Seeks new loan business by developing relationships with existing clients, searching for new clients and meeting with prospective clients to gain their business.
    Monitors farm sales and contacts potential buyers.
    Attends agricultural meetings, farm open houses/tours, trade shows, extension meetings and other networking events to keep current on agriculture and financial market changes.

    Minimum Qualifications & Required Knowledge, Skills & A bilities:

    Bachelor's degree in business, agriculture, or related field or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
    Minimum experience required is based upon size, scope and complexity of the position. Experience in agribusiness/farming industry or similar experience in agriculture credit or closely related field required.
    Current state insurance license to sell crop insurance.
    Advanced knowledge of "value added" business and farming concepts.
    Advanced knowledge of loan products and services, as well as credit operations.
    Advanced knowledge of farm production methods, farm products, and farm business management/finance.
    Effective interpersonal, communication, client service and team skills.
    Effective problem solving and decision making skills.
    Strong problem solving, decision making and organizational skills.
    Stron g computer skills, including MS Office applications and customer relationship management (CRM) programs.
    Strong analytical skills with attention to detail.
    Flexible and adaptable to changing situations.
    Ability to work independently and collaboratively with other teams to achieve goals and represent the business.
    Ability to network with clients, prospects and key influencers.
    Knowledge of accounting principles with a strong understanding of financial reports, ratio and benchmarks.
    Valid driver's license.



    Who is Compeer Financial?
    Compeer Financial exists to champion the hopes and dreams of rural America. By joining our team, you will help empower those in agriculture and rural communities to achieve their goals and expand their possibilities. We embrace business agility and innovative approaches to serving our clients and communities.

    Why join our team?

    Amazing team members who are passionate about serving agriculture and rural America.
    Investment in our team members' education, growth and development.
    Engagement in our communities through giving back and volunteerism.
    Flexible, collaborative and dynamic work environment.
    Great benefits:

    Medical, Dental, Vision insurance
    401K (3% Compeer contribution & up to an additional 6% match)
    Paid time off (vacation, sick leave, holidays, volunteer time)



    Find out why our team members choose Compeer Financial by watching this video.

    How do I apply?
    Qualified candidates, please apply online at .

    Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

     

  • 1 Month Ago

C
Loan Officer
  • Compeer Financial
  • Sycamore, IL FULL_TIME
  • Loan Officer Job Category: Rel Management/Sales Employment Type: Full-Time Regular Location: IL - Sycamore Email a Friend Save Apply Now Compeer Financial is seeking collaborative, innovative and dyna...
  • 1 Month Ago

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Manager Trainee - Woodstock
  • Tower Loan
  • Woodstock, IL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 5 Days Ago

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Manager Trainee - East Rockford
  • Tower Loan
  • Rockford, IL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 1 Month Ago

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Customer Service Representative - East Rockford
  • Tower Loan
  • Rockford, IL FULL_TIME
  • Great Opportunity! The heart of Tower Loan lies with our Customer Service Representative! Our representatives provide the best experience to our customers to earn their continued business. At Tower Lo...
  • 29 Days Ago

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Customer Service Representative - Woodstock
  • Tower Loan
  • Woodstock, IL FULL_TIME
  • Great Opportunity! The heart of Tower Loan lies with our Customer Service Representative! Our representatives provide the best experience to our customers to earn their continued business. At Tower Lo...
  • 1 Month Ago

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0 Commercial Loan Workout Officer jobs found in Rockford, IL area

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Entrepreneurial Agency Owner
  • AAA-The Auto Club Group
  • Rockford, IL
  • AAA - The Auto Club Group, is seeking ambitious, business-minded, and visionary Entrepreneurial Agency Owners to join ou...
  • 4/23/2024 12:00:00 AM

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Entrepreneurial Agency Owner
  • AAA-The Auto Club Group
  • Rockford, IL
  • AAA - The Auto Club Group, is seeking ambitious, business-minded, and visionary Entrepreneurial Agency Owners to join ou...
  • 4/22/2024 12:00:00 AM

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Senior Financial Analyst
  • Creative Financial Staffing
  • Rockford, IL
  • About the CompanyOur client, a well-respected tech company is seeking a Senior Financial Analyst.Why work for this compa...
  • 4/22/2024 12:00:00 AM

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Internal Revenue Agent (Reviewer - Examiner) 12 MONTH ROSTER - AMENDED
  • Department Of The Treasury
  • Rockford, IL
  • Duties WHAT IS THE WHISTLEBLOWER OFFICE (WBO) DIVISION? A description of the business units can be found at: https://www...
  • 4/22/2024 12:00:00 AM

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Internal Revenue Agent (Senior Revenue Agent (Examiner) -12 MONTH ROSTER
  • Department Of The Treasury
  • Rockford, IL
  • Duties WHAT IS THE SBSE - SMALL BUSINESS SELF EMPLOYED DIVISION? A description of the business units can be found at: ht...
  • 4/22/2024 12:00:00 AM

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Financial Representative
  • Modern Woodmen of America
  • Rockford, IL
  • The ideal candidate will deliver personalized investment solutions to help clients work toward their long-term financial...
  • 4/21/2024 12:00:00 AM

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Recovery Home Specialist - Adolescent Recovery Home
  • Rosecrance
  • Rockford, IL
  • Our job is hope. Join a purpose-driven community of champions. Position Purpose: Directly supervise residents in housing...
  • 4/21/2024 12:00:00 AM

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Branch Office Administrator
  • Edward Jones
  • Rockford, IL
  • Would you call yourself a relationship builder, a problem solver or a critical thinker? If you answered yes, we need you...
  • 4/19/2024 12:00:00 AM

Rockford is a city in Winnebago County in the U.S. state of Illinois, in far northern Illinois. Located on the banks of the Rock River, Rockford is the county seat of Winnebago County (a small portion of the city is located in Ogle County). The largest city in Illinois outside of the Chicago metropolitan area, Rockford is the third-largest city in the state and the 171st most populous in the United States According to 2010 U.S. Census Data, the City of Rockford had a population of 152,871, with an outlying metropolitan area population of 348,360. The City of Rockford's population is 147,051...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Workout Officer jobs
$63,659 to $82,586
Rockford, Illinois area prices
were up 1.3% 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