Commercial Loan Workout Officer jobs in Springfield, 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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Commercial/Agriculture Loan Officer
  • Warren-Boynton State Bank
  • Berlin, IL FULL_TIME
  • Warren-Boynton State Bank serves its customers and communities by remaining a strong and stable community bank focused on providing high quality financial products and personal service. The bank has a comprehensive line of loan and deposit products for both businesses and consumers.

    • Grow and maintain long-term profitable customer relationships and become clients trusted financial partner through offering needs-based solutions.
    • Identify cross-sell opportunities for each relationship. Market to clients a broad range of financial products to include, but not limited to credit, treasury management services, and trust services.
    • Manage the risk and quality of loan portfolio.
    • Lead lending process from loan origination to underwriting and structure.
    • Adjudicate loans within approval limits and prepare credit requests for loan above those limits to senior management for approval.

    Requirements:

    • Bachelor's degree, or equivalent experience in Agriculture Business, Finance, Economics, or related field.
    • Strong agriculture background preferred.
    • Minimum of 5 years' experience in agriculture and commercial lending.
    • Sound credit analysis and underwriting skills.
    • Knowledge of banking regulations and compliance requirements.
    • Excellent communications skills.
    • Proven record of meeting or exceeding sales goals.

    Warren-Boynton State Bank 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.

    Job Type: Full-time

    Pay: $55,000.00 - $100,000.00 per year

    Benefits:

    • 401(k)
    • 401(k) matching
    • Dental insurance
    • Flexible spending account
    • Health insurance
    • Life insurance
    • Paid time off
    • Vision insurance

    Schedule:

    • 8 hour shift
    • Monday to Friday

    Work setting:

    • In-person

    Experience:

    • Commercial Loan Processing: 3 years (Preferred)

    Ability to Relocate:

    • New Berlin, IL 62670: Relocate before starting work (Required)

    Work Location: In person

  • 15 Days Ago

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Loan officer
  • INB
  • Springfield, IL FULL_TIME
  • Job Description : Summary : At INB, we work every day to help our customers minimize financial pressures and enjoy better lives. As a partner, our goal is to be the best bank and serve our customers b...
  • 5 Days Ago

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Loan officer
  • myGwork
  • Quincy, IL FULL_TIME
  • This inclusive employer is a member of myGwork the largest global platform for the LGBTQ business community. Why this role is important to us The team you will be joining plays an important role in th...
  • 6 Days Ago

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Loan Specialist (Commercial)
  • US Agriculture, Rural Development
  • Jacksonville, IL FULL_TIME
  • Duties Reviews and analyzes preapplications, applications and all supporting documents to determine loan or grant eligibility and inputs data into appropriate automated database system. Prepares writt...
  • 9 Days Ago

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Mortgage Loan Officer II
  • First Mid
  • Quincy, IL FULL_TIME
  • Responsible for producing a high volume of good quality consumer, real estate and smaller commercial loans. Also responsible for ordering credit reports, analyzing data, approving or denying credit re...
  • Just Posted

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Loan Officer Assistant
  • INB
  • Springfield, IL FULL_TIME
  • Job Description: Shift: First Shift Summary: At INB, we work every day to help our customers minimize financial pressures and enjoy better lives. As a partner, our goal is to be the best bank and serv...
  • 3 Days Ago

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

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Financial Advisor
  • Prudential Financial
  • Are you an experienced Financial Advisor seeking an opportunity to serve your clients better? At Prudential Advisors, we...
  • 5/9/2024 12:00:00 AM

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Associate Financial Representative
  • Modern Woodmen of America
  • Springfield, IL
  • The ideal candidate will deliver personalized investment solutions to help clients work toward their long-term financial...
  • 5/9/2024 12:00:00 AM

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Advisor, Deal Management
  • Cardinal Health
  • Springfield, IL
  • **_What Deal Management contributes to Cardinal Health_** Revenue Management is responsible for developing, communicatin...
  • 5/9/2024 12:00:00 AM

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Independent Seed Advisor
  • Syngenta Group
  • Springfield, IL
  • Company Description Independent Seed Advisor Golden Harvest® brand corn and soybeans is looking to partner with self-mot...
  • 5/7/2024 12:00:00 AM

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Recovery Support Specialist - Springfield Hub & Spoke Program
  • Family Guidance Centers, Inc
  • Springfield, IL
  • **Recovery Support Specialist - Springfield Hub & Spoke Program** * **Job Tracking ID**: 512588-773147 * **Job Location*...
  • 5/6/2024 12:00:00 AM

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Branch Office Administrator
  • Edward Jones
  • Springfield, IL
  • Would you call yourself a relationship builder, a problem solver or a critical thinker? If you answered yes, we need you...
  • 5/2/2024 12:00:00 AM

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Financial Advisor - career shift opportunity
  • Edward Jones
  • Springfield, IL
  • The freedom and flexibility of an entrepreneur. Backed by our vast resources. It's the best of both worlds. While Edward...
  • 3/31/2024 12:00:00 AM

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Branch Office Administrator
  • Edward Jones
  • Springfield, IL
  • Would you call yourself a relationship builder, a problem solver or a critical thinker? If you answered yes, we need you...
  • 3/18/2024 12:00:00 AM

Springfield is the capital of the U.S. state of Illinois and the county seat of Sangamon County. The city's population of 116,250 as of the 2010 U.S. Census makes it the state's sixth most populous city. It is the largest city in central Illinois. As of 2013, the city's population was estimated to have increased to 117,006, with just over 211,700 residents living in the Springfield Metropolitan Statistical Area, which includes Sangamon County and the adjacent Menard County. Present-day Springfield was settled by European Americans in the late 1810s, around the time Illinois became a state. The...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Workout Officer jobs
$63,343 to $82,185
Springfield, 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