Loan Workout Manager jobs in Middlesex, NJ

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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Loan Manager
  • Community Financial Services FCU
  • Roselle, NJ FULL_TIME
  • Loan Manager

    Community Financial Services Federal Credit Union is seeking a full time Loan Manager. The ideal candidate will have experience managing the loan department and overseeing all loan products including Home Loans, Auto Loan, Personal Loans and Credit Cards. To succeed in this role, you should demonstrate excellent communication and interpersonal skills.

    Responsibilities:

    • Create and implement policies and procedures to administer loan products

    · Interview, hire and train loan officers

    · Oversee procedures for all loans.

    · Supervise all areas of loan operations

    · Ensure that all loan officers are provided with updated information on loan policies and procedures.

    · Provide general information on credit union services, policies, interest rates and terms of loans; how dividends and interest are computed; and insurance coverages.

    · Interview, process and disbursement for all loans within policy

    · Perform loan processing which includes verifying income, calculating debt ratios, obtaining credit reports, verifying credit history.

    · Process paper workflow within the Loan Department, including; automobile titles and insurance; credit disability/life insurance/GAP Insurance

    · Disburse loans properly and accurately.

    · Refer and cross-sell credit union products and services to meet or exceed sales

    goals.

    · Research and resolve member questions, problems and concerns by telephone, written correspondence or in person.

    · Maintained positive professional relationships with members and coworkers

    · All other duties as assigned

    Requirements:

    • Minimum of three years of Lending experience
    • Solid understanding of local, state, and federal loan regulations
    • In-depth knowledge of computers and banking software
    • Strong communication and customer service skills
    • Must be able to work independently as well as within a team
    • Strong analytical and technical skills.
    • Ability to organize, coordinate, direct and execute assignments or projects

    Qualified candidates should send resume to admin@cfsfcu.com or fax to 908-245-1651

    Job Type: Full-time

    Benefits:

    • 401(k)
    • 401(k) matching
    • Dental insurance
    • Health insurance
    • Life insurance
    • Paid time off
    • Retirement plan
    • Vision insurance

    Schedule:

    • 8 hour shift
    • Monday to Friday

    Ability to Relocate:

    • Roselle, NJ 07203: Relocate before starting work (Required)

    Work Location: In person

  • 15 Days Ago

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Loan Officer Outside Sales
  • Americas Elite Group LLC
  • Middlesex, NJ FULL_TIME
  • Job Overview: The Loan Officer will initiate the mortgage process for potential clients, preparing, analyzing, and verifying mortgage loan applications for the purchase or refinance of real estate. We...
  • 20 Days Ago

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Mortgage Loan Originator
  • MLB RESIDENTIAL LENDING LLC
  • Plainfield, NJ OTHER
  • Job Details Level: Experienced Job Location: NJ8005CB (North Plainfield, NJ) - North Plainfield, NJ Position Type: Full Time Education Level: 2 Year Degree Salary Range: Undisclosed Job Shift: Any Job...
  • Just Posted

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Mortgage Loan Originator
  • MLB RESIDENTIAL LENDING LLC
  • Kenilworth, NJ OTHER
  • Job Details Level: Experienced Job Location: NJ5007(Kenliworth NJ) - Kenilworth, NJ Position Type: Full Time Education Level: 2 Year Degree Salary Range: Undisclosed Job Shift: Any Job Category: Sales...
  • 3 Days Ago

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Consumer Loan Sales Specialist
  • OneMain Financial
  • Shrewsbury, NJ FULL_TIME
  • PUT YOUR CAREER IN MOTION AS A CONSUMER LOAN SALES SPECIALISTAt OneMain, Consumer Loan Sales Specialists empower customers - listening to their needs and providing access to friendly, fast, and afford...
  • 15 Days Ago

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Mortgage Loan Officer
  • PNC
  • Fords, NJ FULL_TIME
  • Position OverviewAt PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work to...
  • 1 Month Ago

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0 Loan Workout Manager jobs found in Middlesex, NJ area

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Strength and Conditioning Coach
  • Greater Somerset County YMCA
  • Bridgewater, NJ
  • Job Type Part-time Description An exciting opportunity to join the Executive Team of a progressive YMCA association loca...
  • 4/25/2024 12:00:00 AM

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Head Fitness Coach
  • BIGVFITNESS LLC
  • Somerville, NJ
  • Job Description Job Description As an OTF Fitness Coach, you will be responsible for delivering scientifically predesign...
  • 4/25/2024 12:00:00 AM

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Personal Trainer
  • Svetness Personal Training
  • South Plainfield, NJ
  • Are you a dedicated and motivated personal trainer looking to make a significant impact on individuals' lives? We are ac...
  • 4/24/2024 12:00:00 AM

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Personal Trainer
  • Svetness Personal Training
  • Lyons, NJ
  • Are you a dedicated and motivated personal trainer looking to make a significant impact on individuals' lives? We are ac...
  • 4/24/2024 12:00:00 AM

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Personal Trainer
  • Svetness Personal Training
  • Manville, NJ
  • Are you a dedicated and motivated personal trainer looking to make a significant impact on individuals' lives? We are ac...
  • 4/24/2024 12:00:00 AM

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Personal Trainer
  • Svetness Personal Training
  • Gillette, NJ
  • Are you a dedicated and motivated personal trainer looking to make a significant impact on individuals' lives? We are ac...
  • 4/24/2024 12:00:00 AM

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Personal Trainer
  • Svetness Personal Training
  • Dunellen, NJ
  • Are you a dedicated and motivated personal trainer looking to make a significant impact on individuals' lives? We are ac...
  • 4/22/2024 12:00:00 AM

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Group Fitness or Boot Camp Instructor
  • GYMGUYZ
  • Warren, NJ
  • Benefits/Perks •Top-end compensation rates •No Sales •Schedule - part-time and full-time opportunities •Bonus opportunit...
  • 4/21/2024 12:00:00 AM

Middlesex is a borough in Middlesex County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 13,635 reflecting a decline of 82 (-0.6%) from the 13,717 counted in the 2000 Census, which had in turn increased by 662 (+5.1%) from the 13,055 counted in the 1990 Census. Middlesex was incorporated as a borough by an act of the New Jersey Legislature on April 9, 1913, from portions of Piscataway Township, based on the results of a referendum held on May 6, 1913.[21] The borough's name derives from Middlesex, England.[22][23] According to the United States C...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$162,796 to $255,157
Middlesex, New Jersey area prices
were up 1.5% 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