Loan Workout Manager directs and manages a team of professionals in restructuring commercial loans. Works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Being a Loan Workout Manager is responsible for collecting potential loans that are viable. Develops programs and manages strategies to reach performance goals. Additionally, Loan Workout Manager provides guidance and oversight on high complexity or challenging loans. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Loan Workout Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Loan Workout Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)
Job Overview:
As the Indirect Lending Manager, you will be instrumental in steering the growth and integrity of our indirect lending portfolio. Your mission will be to foster robust partnerships with auto dealerships and manage lending activities to align with our Association's esteemed standards. This role demands a blend of strategic relationship building, keen analytical abilities, and a comprehensive understanding of lending practices. We are in search of candidates with a strong background in business or finance, exceptional interpersonal skills, and a proven track record in indirect lending or related fields.
Duties:
Forge and deepen relationships with auto dealerships, both existing and prospective, to diversify and strengthen our indirect lending sources.
Minimum Qualifications:
If you are a results-oriented individual with a passion for financial services and loan origination, we would love to hear from you. Join our team as a Lending Manager and take your career to the next level.
What’s Great About Working at Aroostook Savings & Loan?
We value our team and offer great benefits to show it! We offer comprehensive health coverage (medical, dental, and vision), company-paid life insurance, and short & long-term disability coverage for peace of mind. We also support a healthy work-life balance with generous paid time off for vacations, sick days and holidays. Plus, a 401K investment plan to help secure your financial future, and other additional banking benefits. We're committed to our team’s financial well-being and future growth.
Join the "Your Home Bank" family, where you can make a difference in our community! If you are a dynamic individual who is eager to drive exceptional lending services and contribute to the growth of our community-focused Association, we're looking for you. Take the first step toward a fulfilling career with Aroostook Savings & Loan.
Please send your letter of application, resume, and three references to:
Aroostook Savings & Loan
Curt Paterson, President/CEO
PO Box 808, Caribou, ME 04736
Email: cpaterson@yourhomebank.com
Application period will remain open until a qualified candidate is found.
Aroostook Savings & Loan is an Equal Opportunity Employer.
Job Type: Full-time
Benefits:
Schedule:
Work Location: In person
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