Loan Workout Manager jobs in Goodyear, AZ

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)

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Senior Loan Workout specialist
  • Wells Fargo
  • PHOENIX, AZ FULL_TIME
  • About this role:

    Wells Fargo is seeking a...


    In this role, you will:

    • Lead large portfolio of complex problem loans in initiatives and deliverables within the Loan Workout functional area
    • Contribute to large scale planning related to strategy, technology and efficiencies deliverables
    • Ensure loans are structured and priced consistently with Bank policy and commensurate with risk
    • Review and research complex problem loan challenges that require an in-depth evaluation of multiple factors
    • Strategize and implement account development on complex problem loans
    • Negotiate creative structures to meet needs of customers and bank while minimizing risk exposure
    • Resolve complex issues and lead Loan Workout team to meet functional area projects, processes and deliverables
    • Leverage solid understanding of the functions, policies, procedures and compliance requirements
    • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
    • Work with in house and outside Counsel during litigation Lead team projects and mentor less experienced staff


    Required Qualifications:

    • 4 years of Loan Workout, Commercial Lending experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education


    Desired Qualifications:

    • Strong attention to detail, including accuracy in grammar and a sharp focus on eliminating errors.
    • Ability to work effectively, as well as independently, in a team environment
    • Ability to interpret and comprehend complex legal documents
    • Excellent verbal, written, and interpersonal communication skills
    • Strong analytical and quantitative skills
    • Ability to manage multiple and competing deliverables.
    • Customer relationship management experience
    • Intermediate Microsoft Office experience
    • Advanced knowledge of small business loan documentation


    Job Expectations:

    This position is not eligible for Visa Sponsorship.

    • This position offers a hybrid work schedule. Hybrid Work schedule A/B or 3/2 schedule
    • Work schedule - Monday - Friday - 8 am to 5 pm with flexibility

    Posting End Date: 

    16 Apr 2024

    *Job posting may come down early due to volume of applicants.

    We Value Diversity

    At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

    Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

    Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

    Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

    Applicants with Disabilities

    To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

    Drug and Alcohol Policy

     

    Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.


  • 10 Days Ago

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Household Manager
  • Hiring Manager
  • Phoenix, AZ FULL_TIME
  • We are seeking a dedicated and organized individual to join our household as a Household Manager. The ideal candidate will take charge of various tasks related to the care of our little one, manage ho...
  • 21 Days Ago

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Dental Hygienist - PT/FT RDH
  • Hiring Manager
  • Phoenix, AZ PART_TIME
  • Benefits: Bonus based on performance Company parties Competitive salary Dental insurance Employee discounts Free food & snacks Health insurance Opportunity for advancement Paid time off Training & dev...
  • 15 Days Ago

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Dental Assistant/Lab Tech
  • Hiring Manager
  • Phoenix, AZ FULL_TIME
  • We are looking for a Dental Assistant/lab tech that can do all on 4 conversions and are familiar with hybrid bridges. Our team helps people restore their oral health and want to work in an environment...
  • 3 Days Ago

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Treatment Coordinator
  • Hiring Manager
  • Phoenix, AZ FULL_TIME
  • Are you passionate about making a difference for people? Do you have what it takes to help people understand why their oral health is so important? Can you handle an active, fun, and evolving environm...
  • 3 Days Ago

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Dental Patient Advocate
  • Hiring Manager
  • Phoenix, AZ FULL_TIME
  • Benefits: Bonus based on performance Company parties Competitive salary Dental insurance Employee discounts Free food & snacks Health insurance Opportunity for advancement Paid time off Training & dev...
  • 3 Days Ago

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0 Loan Workout Manager jobs found in Goodyear, AZ area

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Entry-Level Recruitment Consultant (Sales Focused Role)
  • Frank Recruitment Group
  • Scottsdale, AZ
  • Recruitment Consultant – Frank Recruitment Group Location: Onsite in Scottsdale Start Date: May 6th 2024 Are you a compe...
  • 4/22/2024 12:00:00 AM

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Account Executive
  • Frank Recruitment Group
  • Scottsdale, AZ
  • Account Executive – Frank Recruitment Group Are you a highly motivated, experienced sales professional that is looking t...
  • 4/22/2024 12:00:00 AM

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Team Lead - Loss Mitigation (On-site)
  • Shellpoint Mortgage Servicing
  • Tempe, AZ
  • Who We AreShellpoint Mortgage Servicing (SMS) is one of Americas top-five non-bank mortgage-servicing companies. What is...
  • 4/22/2024 12:00:00 AM

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Part Time Hotel Front Desk Agent
  • Hyatt House Scottsdale
  • Scottsdale, AZ
  • Do you have a passion for service and love to put a smile on peoples faces? Then you might be an excellent fit for the H...
  • 4/22/2024 12:00:00 AM

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Account Executive - Transportation & Logistics
  • Operation Finance, Inc.
  • Glendale, AZ
  • Job Description Job Description Account Executive Job Description Operation Finance dba OperFi is a young and fast-growi...
  • 4/20/2024 12:00:00 AM

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Personal Trainer Fitness & Wellness @ KIVA
  • Bluestar Resort & Golf LLC
  • Peoria, AZ
  • **Personal Trainer Fitness & Wellness @ KIVA** Location **Peoria, AZ** Job Code **10312** # of Openings **1** **Trilogy ...
  • 4/19/2024 12:00:00 AM

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Group Fitness Trainer/Dancer
  • AKT GO
  • Gilbert, AZ
  • AKT Gilbert is currently seeking passionate, energetic and motivating trainers to lead our high energy classes! *To be c...
  • 4/19/2024 12:00:00 AM

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Picker - Weekday Shift (M-Th)
  • Nellis Auction
  • Phoenix, AZ
  • Description The Key Responsibilities of this position. The role of a Picker is to locate and pick all items that a custo...
  • 4/19/2024 12:00:00 AM

Goodyear (O'odham: Valin Thak) is a city in Maricopa County, Arizona, United States. It is a suburb of Phoenix and at the 2010 census had a population of 65,275, the third fastest-growing city in Arizona between 1990 and 2000. The 2017 population estimate was 79,858. The city is home to the Goodyear Ballpark, where the Cleveland Indians and Cincinnati Reds of Major League Baseball hold spring training. In 2008, Goodyear won the All-America City Award, sponsored by the National Civic League. The city is named after the Goodyear Tire and Rubber Company. The company cultivated extensive farmland...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$142,483 to $223,319
Goodyear, Arizona area prices
were up 2.2% 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