Loan Workout Officer jobs in Bellingham, WA

Loan Workout Officer restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with small- and mid-size loans of little to medium complexity. Being a Loan Workout Officer typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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SBA Loan Processor
  • SaviBank
  • Vernon, WA FULL_TIME
  • SaviBank is continuing to grow, and we have an exciting opportunity for the right candidate to join a great team in Mt. Vernon! We are looking for people who want more than just a job - we are looking for people who want to grow with us in a career with stable employment, upward mobility, and who want to make a difference in their community by building and maintaining customer relationships. We appreciate our employees and in order to continue serving our customers at the highest level, we continue to strive to become "the place to work".

    Our SBA Department is looking for a Loan Processor to assist lenders and borrowers to process and close commercial loans. Do you have banking, lending or loan review experience, do you enjoy helping people meet their financial goals, do you have a attention to detail and excel in process workflow? This may be the perfect job for you and we encourage you to apply!

    Salary for this position is $24.35 - $36.53 hourly. The level and salary at which someone is hired into this position will depend on the qualifications and experience of the applicant.

    The Job description below provides a general understanding of the position.

    This position will be open until filled and can close at any time.

    About SaviBank

    We Offer Great Benefits!

    Position Summary:

    This position assists commercial loan customers, the SBA Department and Lenders with the processing and closing of government-guaranteed commercial loans. Their responsibilities include interfacing with borrowers from loan submission to funding, collecting and reviewing documentation per program requirements, coordinating and following for internal documents, ordering and collecting 3rd party reports, preparing loan closing documents, and close/fund the loan in compliance with all government-guaranteed requirements.

    What we look for in a Loan Processor -

    • Deadline Oriented - Able to understand and prioritize to hit required deadlines
    • Analytical-the individual synthesizes complex or diverse information
    • Problem-solving-the individual identifies and resolves problems on time and gathers and analyzes information skillfully
    • Communication-the individual speaks and writes clearly and persuasively in positive and negative situations, demonstrates excellence in telephone etiquette, customer service, and business communication skills
    • Leadership-the individual inspires and motivates others to perform well, accepts feedback from others
    • Quality management-the individual looks for ways to improve and promote quality and demonstrates accuracy and thoroughness, including the ability to proofread documents for accuracy
    • Judgment-the individual displays willingness to make decisions, exhibits sound and accurate judgment, and makes timely decisions
    • Planning/organizing-the individual prioritizes and plans work activities, uses time efficiently, and develops realistic action plans
    • Safety and security-the individual observes safety and security procedures and uses equipment and materials properly

    Travel

    Local travel to various worksites and occasional off-site training venues may be required.

    Minimum Requirements:

    • High School diploma or equivalent
    • Four years' experience in SBA loan support or four years of combined professional experience and education in a related field
    • Familiarity of SBA standard Operating Procedures
    • Knowledge of lending policies and procedures
    • Proficient use and understanding of MS Office products (Word, Excel, Outlook) and the ability to adapt to new technologies quickly

    Preferred Requirements:

    • A two-year college degree or completion of a specialized course of study at a business or trade school in business or finance, or
    • Any equivalent combination of education and relevant experience that provide the knowledge, skills and abilities required to successfully perform the duties of the position
    • Experience working with Fiserv Citrix, and SageWorks with the ability to learn and adapt technologies quickly
    • Working knowledge of financial services loan and documentation systems (LaserPro)-
    • Experience working with E-Tran loan systems

    AAP/EEO Statement

    SaviBank values their employees and provides equal employment opportunities to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.


  • 20 Days Ago

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Mortgage Loan Originator
  • USA Mortgage
  • Burlington, WA FULL_TIME
  • DescriptionWho We AreAt DAS Acquisition Company, LLC. (USA Mortgage), our mission is the unrelenting pursuit of perfection. We pride ourselves on the superior level of service that our status as a mor...
  • 2 Days Ago

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External Mortgage Loan Originator
  • AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY
  • Burlington, WA OTHER
  • Job Details Job Location: Undisclosed Position Type: Full Time Education Level: High School Salary Range: Undisclosed Travel Percentage: Road Warrior Job Category: Sales DescriptionAnnieMac Home Mortg...
  • 1 Month Ago

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Business Banking Loan Review Analyst
  • Whatcom Educational Cre
  • Bellingham, WA FULL_TIME
  • WECU is seeking a Business Banking Loan Review Analyst to join our Business Banking team located in Bellingham, WA. The position performs ongoing, objective examination of individual loans/credit rela...
  • 1 Month Ago

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Quality Officer
  • Skagit Radiology Inc PS
  • Vernon, WA FULL_TIME
  • DescriptionWho We Are:Skagit Radiology Inc. P.S. is dedicated to providing patients and physicians with advanced, sub-specialized expertise and the highest levels of excellence in radiological service...
  • 16 Days Ago

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Security Officer
  • Pacific Security
  • Anacortes, WA FULL_TIME,PART_TIME
  • Security Officer $17.00-$17.50 Hourly! Graveyard Availability Required. Hiring Immediately! Pacific Security is looking for Security Officers who have a good work ethic, can be mentally engaged, have ...
  • Just Posted

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0 Loan Workout Officer jobs found in Bellingham, WA area

The city is located at 48°45′N 122°29′W / 48.750°N 122.483°W / 48.750; -122.483 (48.75, −122.48). The city is situated on Bellingham Bay which is protected by Lummi Island, Portage Island, and the Lummi Peninsula, and opens onto the Strait of Georgia. It lies west of Mount Baker and Lake Whatcom (from which it gets its drinking water) and north of the Chuckanut Mountains and the Skagit Valley. Whatcom Creek runs through the center of the city. Bellingham is 18 miles (29 km) south of the US-Canada border and 50 miles (80 km) southeast of Vancouver. According to the United States Census Burea...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$67,750 to $95,569
Bellingham, Washington area prices
were up 2.9% from a year ago

Loan Workout Officer in Spokane, WA
After collecting and verifying all the required financial documents, the loan officer evaluates the information they obtain to determine the applicant’s need for a loan and ability to pay back the loan.
December 06, 2019
Loan Workout Officer in Corpus Christi, TX
Loan officers evaluate, authorize, or recommend approval of loan applications for people and businesses.
November 27, 2019
Loan Workout Officer in Indianapolis, IN
Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking.
January 06, 2020