Loan Workout Manager jobs in Montgomery, AL

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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Manager Trainee - Selma
  • Tower Loan
  • Selma, AL FULL_TIME
  • Manager Development Program

    At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectively provide an essential service for customers and become a leader in consumer finance.

    No previous experience is required - we will help you grow your career.

    If you want to work for a company that cares about your career as much as you do, then apply with Tower Loan.

    About Us:

    Tower Loan, one of America’s largest privately owned Consumer Finance companies, has been lending money to our customers for personal loans, home equity loans, and retail sales financing for over 80 years. To learn more about Tower Lower, visit https://bit.ly/3cIWAkt.

    Compensation: Earnings are based on a 45-hour workweek

    • During Training: $38,285 / year (Avg. Annual Earnings) uncapped bonus
    • After Training: $60k - $80k / year (Avg. Annual Earnings and bonus)

    Benefits & Advantages:

    • Skill development & growth opportunities
    • Complete position-based training program
    • Coaching and mentorship
    • Strong hire-from-within policy
    • Competitive salary & unlimited earning potential
    • Comprehensive benefit package
    • Awards, recognition, & appreciation

    Work Hours:

    • The work day begins at 8:15 am; Monday – Friday
    • Overtime and working Saturdays is required based on operational needs
    • As an MT, you will work an average of 45 hours every week
    • Extended office hours can vary based on the size of the branch

    Job Responsibilities:

    • Become proficient in customer service, sales and marketing, finance, and operations
    • Develop long-term customer relationships by listening to customer needs and recommending the best service via phone and in-person
    • Promote additional products to best serve new and existing customers
    • Contact customers regarding payment reminders and arrangements
    • Assist the Branch Manager to exceed established branch goals
    • Learn and provide support in management responsibility duties such as delegating employee workload and analyzing loan documents
    • Become proficient in all aspects of management such as recruitment, staff development, performance management, and leadership

    Required Qualifications:

    • High School degree or equivalent certification
    • Must have a valid driver’s license and reliable vehicle
    • Willingness to relocate upon promotion into management; your preference of relocation is considered, but not guaranteed. (Branch locations: MS, AL, LA, IL, MO, & TX)
    • Employment is contingent upon the successful completion of a background check, drug screening, and credit check.

    #INDHigh

  • 14 Days Ago

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Cleaner
  • Aware Manager
  • Montgomery, AL PART_TIME,FULL_TIME
  • Cleaner We are looking for a Cleaner to take care of our facilities and carry out cleaning and maintenance duties. The goal is to keep our building in a clean and orderly condition. Responsibilities C...
  • 20 Days Ago

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Customer Service Representative - Selma
  • Tower Loan
  • Selma, AL FULL_TIME
  • Great Opportunity! The heart of Tower Loan lies with our Customer Service Representative! Our representatives provide the best experience to our customers to earn their continued business. At Tower Lo...
  • 12 Days Ago

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Loan Officer
  • Farm Credit Council
  • Andalusia, AL FULL_TIME
  • Job Description: SUMMARY The Loan Officer is responsible for marketing, new loan growth and the extension of sound constructive credit to borrowers and prospective borrowers. RESPONSIBILITIES/DUTIES -...
  • 9 Days Ago

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Loan Officer
  • First South Farm Credit, ACA
  • Andalusia, AL FULL_TIME
  • SUMMARY The Loan Officer is responsible for marketing, new loan growth and the extension of sound constructive credit to borrowers and prospective borrowers. RESPONSIBILITIES/DUTIES The essential func...
  • 10 Days Ago

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LOAN TECHNICIAN
  • US Agriculture, Rural Development
  • Montgomery, AL FULL_TIME
  • Duties Serves as a primary representative providing technical information, assistance and guidance to applicants, borrowers, and lenders, concerning eligibility and other requirements for loans, grant...
  • 2 Days Ago

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0 Loan Workout Manager jobs found in Montgomery, AL area

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Charge Registered Nurse (RN)
  • Naphcare
  • Montgomery, AL
  • Status: Full-Time Shift: 1st As a Charge Registered Nurse, have you ever wanted to work somewhere where you can fully us...
  • 4/18/2024 12:00:00 AM

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NETWORK ENGINEER (REMOTE) - TECH/Montgomery - GRAY MEDIA GROUP
  • Gray Television
  • Montgomery, AL
  • About Gray Television: Gray Television is a leading media company that owns and operates high-quality stations in 113 te...
  • 4/18/2024 12:00:00 AM

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Linux Administrator
  • VAE, Inc.
  • Montgomery, AL
  • OVERVIEW: VAE, Inc. is a full service IT Infrastructure Solutions Company focused on building, securing and supporting o...
  • 4/18/2024 12:00:00 AM

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LEAD SALES ASSOCIATE-PT
  • Dollar General
  • Montgomery, AL
  • Work Where You Matter: At Dollar General, our mission is Serving Others! We value each and every one of our employees. W...
  • 4/18/2024 12:00:00 AM

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Applications Development Analyst
  • Tech Providers Inc.
  • Montgomery, AL
  • Applications Development Analyst Montgomery, AL (Onsite from day 1) 06+ months Contract (possible Conversion) Visa: USC ...
  • 4/18/2024 12:00:00 AM

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Business Analyst
  • Tech Providers Inc.
  • Montgomery, AL
  • Position Title: Business Analyst Position Reference Number: Requisition # 808 Location: Montgomery, AL Onsite from day 1...
  • 4/18/2024 12:00:00 AM

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Applications Development Analyst
  • Tech Providers Inc.
  • Montgomery, AL
  • Applications Development Analyst Montgomery, AL (Onsite from day 1) 06+ months Contract (possible Conversion) Visa: USC ...
  • 4/18/2024 12:00:00 AM

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Delivery Driver
  • DoorDash
  • Montgomery, AL
  • Your time. Your Goals. What is DoorDash Available in over 4,000 cities in the U.S, DoorDash connects local businesses an...
  • 4/18/2024 12:00:00 AM

Montgomery is the capital city of the U.S. state of Alabama and the county seat of Montgomery County. Named for Richard Montgomery, it stands beside the Alabama River, on the coastal Plain of the Gulf of Mexico. In the 2010 Census, Montgomery's population was 205,764. It is the second most populous city in Alabama, after Birmingham, and is the 118th most populous in the United States. The Montgomery Metropolitan Statistical Area's population in 2010 was estimated at 374,536; it is the fourth largest in the state and 136th among United States metropolitan areas. The city was incorporated in 18...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$128,844 to $201,942
Montgomery, Alabama area prices
were up 1.3% 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