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)
Description
SUMMARY
The position of Loan Processor is responsible for performing routine and intermediate duties related to consumer and
business loan applications; generates loan documentation for all types of loans; processes consumer, commercial and real
estate loan payments and advances on lines of credit; prepares DDA overdraft protection line documents; boards loans on
the Bank’s mainframe computer system; works daily insurance and monthly reports; distributes daily and monthly reports;
and promotes business for the Bank by maintaining good customer relations and referring customers to appropriate staff
for new services.
Assures compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations.
ESSENTIAL DUTIES
20. Types routine letters reports and forms.
21. Maintains files, copies and faxes documents, and orders and distributes supplies.
22. Treats people with respect; keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
23. Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities.
SECONDARY DUTIES
The position of Loan Department Specialist II performs duties specific to the position and other functions as assigned.
SUPERVISORY RESPONSIBILITY
The position of Loan Department Specialist II is not responsible for the supervision of any employee(s)
Requirements
MINIMUM REQUIREMENTS
These specifications are general guidelines based on the minimum experience normally considered essential to the
satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or
ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these
guidelines.
0 Loan Workout Manager jobs found in Macon, GA area