Loan Workout Manager jobs in Salt Lake City, UT

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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Retail Loan Workout Relationship Specialist - Midvale, UT (Hybrid Schedule)
  • Midvale, UT (Hybrid Schedule) - Zions Bank Careers
  • Midvale, UT FULL_TIME
  • Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the “Best Banks to Work For” and as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets., We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a “local” business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

    With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

    Zions Bancorporation is currently hiring an experienced Retail/ Consumer Loan Workout Relationship Specialist to join our team! This role will report to the new Enterprise Technology Center in Midvale, UT with the eligibility to work from home with a Hybrid work schedule in office 3 days and at home 2 days.

     Requirements:

    ·         Responsible for ordering appraisals, broker price opinions, environmental and foreclosure reports, track and follow collateral insurance.

    • Assists Consumer Loan Workout Officer with securing collateral, equity, or assets of the borrower to preserve the loan principal to prevent or limits losses.
    • Assists with the liquidation real estate or other assets as necessary.
    • Develops good working relationships with internal and external industry contacts.
    • Maintains files and reports, inputs data in Bank systems.
    • Responsible for maintaining forms and documenting/preparing outgoing correspondence for Consumer Loan Workout Officers to borrowers.
    • Inputs financial data into systems.
    • Assist consumer loan workout officers with determining if borrowers are in the military or bankruptcy to determine work out strategies.
    • Other duties as required.

    Qualifications

    • Requires a High School diploma or equivalent
    • 4 years experience with consumer loan processes, credit, credit and lending analysis, banking or other directly related experience.
    • A combination of experience and a college degree may meet qualifications.
    • Advanced knowledge of loans, credit reviews, foreclosures, taxes, insurance, appraisals
    • Must have excellent judgment, time management, customer service and computer skills.
    • Ability to work with relationship managers and clients as needed.

    Benefits

    • Medical, Dental and Vision Insurance - START DAY ONE! 
    • Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
    • Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
    • Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays, and any applicable state holidays
    • 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
    • Mental health benefits including coaching and therapy sessions
    • Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
    • Employee Ambassador preferred banking products

     

  • 4 Days Ago

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Loan Processor - 900 E.
  • Dollar Loan Center
  • Murray, UT FULL_TIME
  • LOAN PROCESSOR What we do? We're a short-term lender who serves our community by offering our customers a solution to their financial needs. Why YOU should work here! For starters, our first Core Valu...
  • 22 Days Ago

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Loan Processor - Bountiful
  • Dollar Loan Center
  • Bountiful, UT FULL_TIME
  • LOAN PROCESSOR What we do?We're a short-term lender who serves our community by offering our customers a solution to their financial needs. Why YOU should work here!For starters, our first Core Value ...
  • 4 Days Ago

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Loan Processor - W Valley
  • Dollar Loan Center
  • West Valley, UT FULL_TIME
  • LOAN PROCESSOR What we do? We're a short-term lender who serves our community by offering our customers a solution to their financial needs. Why YOU should work here! For starters, our first Core Valu...
  • 4 Days Ago

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Loan Processor - 2100 S
  • Dollar Loan Center
  • Salt Lake, UT FULL_TIME
  • LOAN PROCESSOR What we do? We're a short-term lender who serves our community by offering our customers a solution to their financial needs. Why YOU should work here! For starters, our first Core Valu...
  • 4 Days Ago

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Loan Processor - W. Jordan
  • Dollar Loan Center
  • West Jordan, UT FULL_TIME
  • LOAN PROCESSOR What we do?We're a short-term lender who serves our community by offering our customers a solution to their financial needs. Why YOU should work here!For starters, our first Core Value ...
  • 12 Days Ago

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0 Loan Workout Manager jobs found in Salt Lake City, UT area

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Warehouse Worker - Night Shift
  • McKesson Cork
  • Salt Lake City, UT
  • Effective Date: February 22, 2017 . **Your Consent** *Google Analytics* We may use Google Analytics to measure how you i...
  • 3/28/2024 12:00:00 AM

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Instructor
  • Mayweather Boxing + Fitness - Orem
  • Orem, UT
  • Knocking out calories & changing lives 1 class at a time. Are you the next Instructor for Team Mayweather? Do you have a...
  • 3/28/2024 12:00:00 AM

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Swim Instructor
  • JCC Association
  • Salt Lake City, UT
  • Principal Responsibilities: Do you have a passion for swimming and want to share it with others? Join our Aquatics Team ...
  • 3/27/2024 12:00:00 AM

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SIXPAC is looking for the best Personal Trainers - is that you?
  • SIXPAC
  • Salt Lake City, UT
  • Job Description Job Description SIXPAC is looking for the best Personal Trainers, Coaches and Fitness Influencers – is t...
  • 3/27/2024 12:00:00 AM

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Group Fitness Trainer
  • K Effect Training
  • Salt Lake City, UT
  • Job Description Job Description K Effect Training uses team-oriented classes, data-tracking, and metabolic training to c...
  • 3/26/2024 12:00:00 AM

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Consumer Loan Servicing Support Specialist
  • Mountain America Credit Union
  • Sandy, UT
  • Please reference the schedule and minimum qualifications listed below before applying. If you need assistance with filli...
  • 3/25/2024 12:00:00 AM

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Financial Services Associate
  • Capital Wealth Advisors
  • Lehi, UT
  • Financial Associate Are you looking for an opportunity to utilize superior client service skills and work one-on-one wit...
  • 3/25/2024 12:00:00 AM

Salt Lake City has an area of 110.4 square miles (286 km2) and an average elevation of 4,327 feet (1,319 m) above sea level. The lowest point within the boundaries of the city is 4,210 feet (1,280 m) near the Jordan River and the Great Salt Lake, and the highest is Grandview Peak, at 9,410 feet (2,868 m). The city is in the northeast corner of the Salt Lake Valley surrounded by the Great Salt Lake to the northwest, the steep Wasatch Range to the east, and Oquirrh Mountains to the west. Its encircling mountains contain several narrow canyons, including City Creek, Emigration, Millcreek, and Par...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$138,898 to $217,702
Salt Lake City, Utah area prices
were up 2.3% 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