Loan Workout Manager jobs in South Bend, IN

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 Servicing Representative Consumer Loan Servicing
  • Teachers Credit Union
  • South Bend, IN FULL_TIME
  • Loan Servicing Representative Consumer Loan Servicing


    We are searching for an experienced Loan Servicing Representative Consumer Loan Servicing.
    South Bend, Indiana 46601

    Essential Function

    Performs a variety of post loan closing duties for consumer loans and credit cards. These duties include loan maintenance, loan adjustments, report monitoring, insurance monitoring, payment processing, credit reporting, lien perfection, payoffs, lien releases, document archival and retrieval. Provides exceptional service to members and team members face-to-face, via the telephone and email.


    Primary Responsibilities & Duties

    1. Responsible for correspondence and communicating with members and team members over the telephone, via email and face to face regarding loan servicing related requests.
    2. Responsible for processing internal and external requests for reversal of loan fees, adjustment of payments, loan payoffs, title, document retrieval and collateral releases.
    3. Performs monitoring of loans for required collateral perfection process.
    4. Responsible for ensuring compliant reporting to Credit Reporting Agencies.
    5. Responsible for responding to Credit Report Disputes via e-Oscar, phone, e-mail or mail.
    6. Processes payments for various insurances.
    7. Assists in monitoring various loan reports to ensure accuracy and compliance with servicing TCU lending policy.
    8. Services consumer credit card accounts.
    9. Assumes additional responsibilities as requested by the manager.

    Specific Skills

    • Transaction Reconciliation, highly accurate data entry skills and detail orientated in research are a necessity.
    • Excellent human relations, verbal and written communication skills.
    • Organizational skills and the ability to multi-task and prioritize the workload.

    Accountability

    • Errors related to this position may affect multiple areas due to the reliance on the records retrieval systems.
    • Accountable for following established procedures and security measures in order to protect the Credit Union from liability.
    • Accountable for excellent member service and adherence to the Credit Union’s philosophy and Service Expectations.
    • Accountable for understanding and applying government laws and regulations and TCU policies and procedures relating to the Anti-Money Laundering Regulations including but not limited to the Bank Secrecy Act (BSA), US PATRIOT ACT and OFAC.


    Minimum Requirement

    • High School Diploma (GED) or equivalent skills and abilities
    • Recent lending experience preferred.
    • 1 to 2 years required utilizing computer software in a windows environment, i.e.; Microsoft Excel, Word, etc.
    • Knowledge of lending regulations a plus.


    Non-Exempt

    Hourly Wage


    Our company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.

  • 1 Month Ago

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Consumer Loan Specialist
  • Heights Finance Corporation
  • Mishawaka, IN FULL_TIME
  • Overview We service our communities by offering personal installment loans designed to help our customers get the money they need when they need it. The Consumer Loan Specialist assists both new and e...
  • 8 Days Ago

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Mortgage Loan Originator
  • Notre Dame Federal Credit Union
  • Mishawaka, IN OTHER
  • PRIMARY FUNCTION: Within authorized authority, and in accordance with sound underwriting practices as set out in policy and procedure, this position interviews mortgage loan applicants, initiates appl...
  • 23 Days Ago

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Commercial Loan Officer
  • Adams Inc
  • South Bend, IN FULL_TIME
  • CMIN59941 – Commercial Loan Officer – South Bend, IN Our client is a very healthy community bank group that is currently looking for a Commercial Loan Officer in their South Bend, Indiana location. Th...
  • 28 Days Ago

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Commercial Loan Administrative Assistant
  • Teachers Credit Union
  • South Bend, IN FULL_TIME
  • Commercial Loan Administrative Assistant We are searching for an experienced Commercial Loan Administrative Assistant. South Bend, Indiana 46601 Essential Function Provides administrative support for ...
  • 1 Month Ago

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Mortgage Loan Originator - All Locations
  • First Federal Savings Bank
  • Rochester, IN FULL_TIME
  • Mortgage Loan Originator Department: Loan Reports to: VP Mortgage Lending Supervises: None Company Core Values: Respect/Golden Rule Commitment to Serve Flexibility Integrity Have fun! Job Summary: Pro...
  • 11 Days Ago

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0 Loan Workout Manager jobs found in South Bend, IN area

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Assistant Coach for Women's Basketball
  • Bethel University
  • Mishawaka, IN
  • Bethel University has an immediate opening for an Assistant Coach for Women's Basketball. Starts May 1, 2024 Primary Dut...
  • 4/22/2024 12:00:00 AM

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Sales Associate - 24H150
  • Carter's/OshKosh
  • Mishawaka, IN
  • QUESTIONNAIRE-3-52 1121 **Employee Type:** Regular **If you are** **a CURRENT Carters** **employee, you MUST apply throu...
  • 4/22/2024 12:00:00 AM

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Campus Retail Associate Hammes Notre Dame 8442 (Temporary)
  • Barnes & Noble Education
  • Notre Dame, IN
  • **Introduction** Our campus stores serve as a vibrant hub of college life and learning. We believe in creating retail an...
  • 4/22/2024 12:00:00 AM

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Assistant Director of Operations
  • Levy Restaurants
  • Notre Dame, IN
  • ~ Notre Dame Stadium is an outdoor football stadium in Notre Dame, Indiana, the home field of the Notre Dame Fighting Ir...
  • 4/22/2024 12:00:00 AM

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Computer Support Technician (2024 Summer)
  • Saint Mary's College
  • Notre Dame, IN
  • Job Description Job Description: The Computer Support Technician will assist IT staff with projects including cluster up...
  • 4/22/2024 12:00:00 AM

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Summer Helpdesk Assistant (2024 Summer)
  • Saint Mary's College
  • Notre Dame, IN
  • Job Description Job Description: The Summer Helpdesk Assistant will provide front-line technology support to faculty and...
  • 4/22/2024 12:00:00 AM

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Working Supervisor - Building Services (3rd Shift)
  • Saint Mary's College
  • Notre Dame, IN
  • Position IntroductionAre you a dynamic leader with a passion for fostering a positive work environment and empowering te...
  • 4/22/2024 12:00:00 AM

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Marketing Specialist - Storytelling
  • University Of Notre Dame
  • Notre Dame, IN
  • University of Notre Dame Marketing Specialist - Storytelling Notre Dame , Indiana Apply Now +---------------------------...
  • 4/22/2024 12:00:00 AM

South Bend is a city in and the county seat of St. Joseph County, Indiana, United States, on the St. Joseph River near its southernmost bend, from which it derives its name. As of the 2010 census, the city had a total of 101,168 residents; its Metropolitan Statistical Area had a population of 318,586 and Combined Statistical Area of 721,296. It is the fourth-largest city in Indiana, serving as the economic and cultural hub of Northern Indiana. The highly ranked University of Notre Dame is located just to the north in unincorporated Notre Dame, Indiana and is an integral contributor to the reg...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$136,244 to $213,540
South Bend, Indiana 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