Loan Workout Manager jobs in Rock Island, IL

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 - Rock Island
  • Tower Loan
  • Rock Island, IL 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

  • 26 Days Ago

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Floating CSR - Floating Customer Service Representative
  • Union Federal Savings and Loan
  • Milan, IL PART_TIME
  • Union Federal Savings & Loan is seeking a part-time floating Customer Service Representative for our East Moline & Milan offices. Applicants with customer service, communication, and computer skills a...
  • 2 Months Ago

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Chicagoland Gastroenterology With Impressive Endoscopy Suite-loan Repayment
  • Enterprise Medical Recruiting
  • Illinois, IL FULL_TIME
  • Morris Hospital & Healthcare Centers in Morris, Illinois offers a well-established community in need of an extraordinary service line that?s expanded to incredible volumes. Be part of a not-for-profit...
  • 1 Month Ago

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Gastroenterology In Bloomington, Il - Signing Bonus & Loan Repayment
  • Enterprise Medical Recruiting
  • Illinois, IL FULL_TIME
  • Enterprise Medical Recruiting is assisting a large Illinois system to recruit a new Gastroenterologist to Bloomington, IL practice! Join an existing, traditional practice of 3 Gastroenterologists and ...
  • 1 Month Ago

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Psychiatric Nurse Practitioner-southern Illinois With Loan Repayment
  • Enterprise Medical Recruiting
  • Illinois, IL FULL_TIME
  • A prominent healthcare system in Central Illinois has an opening for an experienced Psychiatry Nurse Practitioner to join their team. Join a multi-disciplinary team including psychiatrists, advanced p...
  • 1 Month Ago

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Hematologic-Oncologist Needed in Iowa; Sign-on Bonus and Loan Repayment - 1515328EXPPLAT
  • LocumJobsOnline
  • West Burlington, IA FULL_TIME
  • LocumJobsOnline is working with CompHealth to find a qualified Hematology and Oncology MD in West Burlington, Iowa, 52655!About The PositionYou will enjoy practicing in this community where people kno...
  • 17 Days Ago

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0 Loan Workout Manager jobs found in Rock Island, IL area

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Food Safety & Quality Assurance and EHS Supervisor
  • J&J Snack Foods Corp
  • Rock Island, IL
  • Specific Duties and Responsibilities: Assist in the implementation, documentation, monitoring, training of all aspects o...
  • 4/23/2024 12:00:00 AM

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Firearms Part-time Over-the-Road (OTR) Driver
  • Rock Island Auction Company
  • Rock Island, IL
  • Job Description Job Description Firearms OTR Driver Rock Island Auction Company (RIAC), the #1 firearms auction house in...
  • 4/23/2024 12:00:00 AM

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Registered Nurse
  • Innovative Systems Group
  • Rock Island, IL
  • Job Description Job Description JOB PURPOSE: This position is responsible for conducting medical management and health e...
  • 4/23/2024 12:00:00 AM

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Registered Nurse (RN) Med Surg Illinois
  • TLC Nursing
  • Rock Island, IL
  • Job Description Job Description Profession: Registered Nurse (RN) Location: Rock Island Illinois Specialty: Med Surg Uni...
  • 4/23/2024 12:00:00 AM

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Prevention Coordinator
  • Ladgov Corporation
  • Rock Island, IL
  • Job Description Job Description Job Title : Prevention Coordinator Job Summary: Ladgov Corporation is looking to hire a ...
  • 4/23/2024 12:00:00 AM

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Aftermarket & Small Fleet Account Manager
  • Sanco Thermo King
  • Rock Island, IL
  • Job Description Job Description SUMMARY: The aftermarket and small fleet account manager is responsible for interacting ...
  • 4/23/2024 12:00:00 AM

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Gymnastics Coach
  • YMCA of the Iowa Mississippi Valley
  • Bettendorf, IA
  • K.Ordonez, Gymnastics Instructor says, "I enjoy working with kids and helping them learn new skills. When you get the sa...
  • 4/21/2024 12:00:00 AM

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Program Director - Membership/Personal Training
  • Eau Claire YMCA
  • Davenport, IA
  • - Program Director Membership/Personal Training Location Job Description **We are currently seeking a results driven lea...
  • 4/19/2024 12:00:00 AM

Rock Island is a city in and the county seat of Rock Island County, Illinois, United States. The original Rock Island, from which the city name is derived, is the largest island on the Mississippi River. It is now called Arsenal Island. The population was 39,018 at the 2010 census. Located on the Mississippi River, it is one of the Quad Cities, along with neighboring Moline, East Moline, and the Iowa cities of Davenport and Bettendorf. The Quad Cities has a population of about 380,000. The city is home to Rock Island Arsenal, the largest government-owned weapons manufacturing arsenal in the U...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$135,954 to $213,085
Rock Island, Illinois 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