Loan Workout Manager jobs in Everett, WA

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)

N
Loan Originator (LO)
  • NFM INC
  • Lynnwood, WA OTHER
  • Job Details

    Job Location:    Lynnwood WA 98037 - Lynnwood, WA
    Position Type:    Full Time
    Salary Range:    Undisclosed
    Job Category:    Sales

    Description

    Position Summary:
    Our Loan Originators are responsible for generating and developing business from loan applicants with a variety of financial needs. This position requires strong communication and negotiating skills along with a willingness to provide exceptional customer service in a fast-paced, team environment.


    Essential Job Functions:
    Specific tasks will include, but are not limited to, the following:
    • Maintain an active Mortgage Loan Originator License.
    • Production at or above minimum level of:
    o Full-time Loan Originator- $1,750,000 in closed loan volume OR 9 or more closed loan transactions in a three-month period (Quarterly).
    • Input and submission of quality files to include complete 1003 and supporting documentation (i.e. income, assets, liabilities and credit), along with proper expectations of processing flow.
    • Maintain sales contact and pipeline throughout the entire loan process.
    • Effectively communicate, work with, and build relationships with all levels of constituents including culturally and linguistically diverse staff members and external candidates and/or vendors, while operating in a fast-paced customer service driven environment.
    • Responsible for generating business through the effective use of the Company’s marketing, leads strategies, and self-generation.
    • Responsible for structuring, presenting, and selling the loan to customers.
    • Collect required borrower information to recommend appropriate products or programs.
    • Regularly follow up with potential applicants via telephone, email, or written correspondence to ensure each applicant understands each program.


    Required Job Functions:
    Specific tasks will include, but are not limited to, the following:
    • Development of sales based skill set including the ability to build customer base and secure new mortgage loan opportunities within existing and potential customer base.
    • Contact potential customers via telephone and email.
    • This position may require occasional overtime and travel.
    • Additional tasks as assigned.

    The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with a job.

    Additional Working Conditions Information:

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

    Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is often required to walk; use hands to finger, handle, or operate computers, objects, tools, or controls; and reach with hands and arms. Specific vision abilities required by this job include close vision and the ability to adjust focus.

    Diversity and Inclusion:

    At NFM Lending we are a diverse team of champions, industry pioneers and action leaders. We draw on the differences in who we are, what we’ve experienced, and how we navigate the mortgage industry with focused intention. We work to attract, develop, engage, advance and retain a high performing workforce through fostering an inclusive culture where everyone can join in the journey to success. EOE.

    Qualifications


  • 22 Days Ago

C
Loan Officer Assistant
  • Capstone Home Loans
  • Lynnwood, WA FULL_TIME
  • Who We Are: Capstone Home Loans is a part of American Pacific Mortgage and helps to secure home loans for people all over the country. We are in the business of giving people an opportunity to find a ...
  • 1 Day Ago

O
Consumer loan specialist
  • OneMain Financial
  • Lynnwood, WA FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers - listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. Consumer Loan Sales Speci...
  • 1 Day Ago

M
Mortgage Loan Originator
  • Motto Mortgage Collective
  • Everett, WA 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 in. If y...
  • 1 Day Ago

U
Mortgage Loan Originator
  • USA Mortgage
  • Everett, WA FULL_TIME
  • Description Who We AreAt DAS Acquisition Company, LLC. (USA Mortgage), our mission is the unrelenting pursuit of perfection. We pride ourselves on the superior level of service that our status as a mo...
  • 3 Days Ago

1
Home Lending Loan Officer
  • 1ST SECURITY BANK OF WASHINGTON
  • Mountlake Terrace, WA OTHER
  • Job Details Level: Experienced Job Location: MLT Headquarters - Mountlake Terrace, WA Position Type: Full Time Education Level: 4 Year Degree Salary Range: Undisclosed Job Shift: Day Job Category: Ban...
  • 6 Days Ago

Filters

Clear All

  • Filter Jobs by companies
  • More

0 Loan Workout Manager jobs found in Everett, WA area

O
Sales Associate
  • Orangetheory Fitness
  • Bothell, WA
  • Be fit. Change lives. Have fun. If you mention fitness within moments of meeting someone...if you encourage friends and ...
  • 4/26/2024 12:00:00 AM

Y
Swim Coach - Masters
  • Ymca Of Snohomish County
  • Monroe, WA
  • Description The YMCA of Snohomish County provides jobs and careers with a cause. Every day, the Y makes a lasting impres...
  • 4/26/2024 12:00:00 AM

F
Group Fitness Instructor
  • F45 Training Bothell
  • Bothell, WA
  • Job Description Job Description JOB DESCRIPTION: F45 Bothell Trainer Full Time & Part Time Opportunities Available We ar...
  • 4/26/2024 12:00:00 AM

V
Apartment Waste Management Collector-Nights-Up To $25/hr Part-Time
  • Valet Living
  • Bothell, WA
  • Join our team as an Apartment Trash Collector (Service Valet) and enjoy the convenience of flexible evening hours in you...
  • 4/22/2024 12:00:00 AM

V
Apartment Garbage Collector-Nights-Up To $25/hr Part-Time
  • Valet Living
  • Bothell, WA
  • Join our team as an Apartment Trash Collector (Service Valet) and enjoy the convenience of flexible evening hours in you...
  • 4/22/2024 12:00:00 AM

V
Part-Time Apartment Waste Management Collector-Nights-Up To $25/hr
  • Valet Living
  • Bothell, WA
  • Join our team as an Apartment Trash Collector (Service Valet) and enjoy the convenience of flexible evening hours in you...
  • 4/22/2024 12:00:00 AM

V
Apartment Trash Collector-Nights-Up To $25/hr Part-Time
  • Valet Living
  • Bothell, WA
  • Join our team as an Apartment Trash Collector (Service Valet) and enjoy the convenience of flexible evening hours in you...
  • 4/22/2024 12:00:00 AM

V
Trash Collector-Part-Time Nights-Up To $25/hr
  • Valet Living
  • Bothell, WA
  • Join our team as an Apartment Trash Collector (Service Valet) and enjoy the convenience of flexible evening hours in you...
  • 4/22/2024 12:00:00 AM

Everett is the county seat of and the largest city in Snohomish County, Washington, United States. It is located 25 miles (40 km) north of Seattle and is one of the main cities in the metropolitan area and Puget Sound region. Everett is the seventh-largest city in Washington state and had a total population of 103,019 at the 2010 census. The city is located at the mouth of the Snohomish River along Port Gardner Bay, an inlet of Possession Sound (itself part of Puget Sound). American settlement on the Everett peninsula began in the 1860s, with several sawmills built to serve the area's growing ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$157,282 to $246,515
Everett, Washington area prices
were up 2.9% from a year ago

Loan Workout Manager in Chicago, IL
These loans are financed by Commercial Loan Officers who work alongside these companies to calculate the interest rate and repayment plan.
December 10, 2019
Loan Workout Manager in Louisville, KY
After the underwriting software produces a recommendation, loan officers review the output of the software and consider any additional information to make a final decision.
February 07, 2020
Loan Workout Manager in Greensboro, NC
Participate with Regional Managers and Team Leaders in developing business plans for the loan workout functions.
January 23, 2020