Loan Workout Officer jobs in Fayetteville, AR
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)
Recently Added Loan Workout Officer jobs
Loan Officer
- Bank of 1889
-
Huntsville, AR
FULL_TIME
-
Loan Officer
Apply NowResponsibilities/Duties
- Responsible for managing a loan portfolio consisting of consumer, commercial, agriculture and real estate loans. Includes developing business and new banking relationships.
- Ability to analyze financial information in order to ascertain the borrower’s needs and the ability of the bank to meet these needs within the constraints of safe and sound banking. This includes ability to prepare credit analyses and cash flow analyses.
- Responsible for maintaining loan quality which includes obtaining current and timely financial information and analyzing same for changing trends, minimizing collateral exceptions including appropriate insurance, collateral perfection, monitoring and valuation.
- Responsible providing exceptional customer service in a professional manner.
- Knowledge and the ability to market the banks secondary market program. This also includes loan servicing and compliance with the investor’s guidelines and programs along with the responsibility of collection efforts in the portfolio.
- Ability to prepare loan information packets for review by the bank’s directors in a concise and complete manner. Provide accurate representation of the strengths and weaknesses of the credit proposal to assist directors in making decisions.
- Complies with bank policies and appropriate laws and regulations. This includes a clear understanding of bank documents and collateral perfection.
- Responsible for collection efforts in the portfolio including making calls to customers as needed when payments are untimely, provide recommendations to the CCO for legal actions when customer does not meet demands and review of the relationship to ensure that information is correct and accurate before referring to an attorney for collection efforts.
- Responsible for handling problem loans situations as necessary. Required to establish action plans to reduce or minimize risk of principal loss to the bank.
- Responsible for assignment of appropriate risk ratings to loans and recommending changes to the appropriate approval authority.
Required Skills
- Strong analytical and accounting skills. Ability to assess financial situations and make decisions related to them.
- Ability to work well with customers and prospects in both banking and social situations.
- Ability to represent the bank in a professional manner.
- Ability to self motivate and manage time.
- Ability to work with details.
Required Education
- College Degree preferred. Time in position of 5 years can be substituted for a degree if experience is related to the complexity of this position.
- 7 Days Ago
Consumer Loan Officer II
- BancFirst Corporation
-
Tahlequah, OK
FULL_TIME
- Consumer Loan Officer IITahlequah, OK Onsite Position130 S. Muskogee Avenue, Tahlequah, OK 74465Full Time ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Rea...
- 16 Days Ago
Loan Officer Assistant
- Flat Branch Mortgage Inc
-
Neosho, MO
FULL_TIME
- DescriptionBasic Description:The Loan Officer Assistant will assist & support their Senior Mortgage Banker(s) (SMB) in the origination of residential real estate loans. This support role is critical i...
- 23 Days Ago
Loan Officer Assistant
- Flat Branch Mortgage Inc
-
Rogers, AR
FULL_TIME
- Description Basic Description: The Loan Officer Assistant will assist & support their Senior Mortgage Banker(s) (SMB) in the origination of residential real estate loans. This support role is critical...
- 25 Days Ago
Builder Loan Officer
- Cornerstone Capital Bank, SSB / CHLI
-
Rogers, AR
FULL_TIME
- We are looking for an experienced Licensed Loan Officer, who will bring enthusiasm, attention to detail, and a servant heart to our team of top-tier mortgage professionals. This professional will work...
- 26 Days Ago
Centralized Loan Processor
- Bank of 1889
-
Berryville, AR
FULL_TIME
- Centralized Loan Processor Apply Now Responsibilities/Duties Responsible for reviewing and preparation of Consumer, Commercial & Agri (non-real estate) loan applications and ensuring that loan has pro...
- 14 Days Ago
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0 Loan Workout Officer jobs found in Fayetteville, AR area
Ultrasound Technologist, FT, Days
- Hiring Now!
-
Rogers, AR
- We're a Little Different Our mission is clear. We bring to life a healing ministry through our compassionate care and ex...
- 4/24/2024 12:00:00 AM
Endocrinologist
- Arkansas Children's
-
Springdale, AR
- On behalf of Jon Oden, MD, Section Chief of Pediatric Endocrinology at Arkansas Children’s Hospital (ACH), CareerPhysici...
- 4/23/2024 12:00:00 AM
Branch Manager I
- Home Bancshares Inc.
-
Rogers, AR
- GENERAL DESCRIPTION OF POSITIONThe Branch Manager I is responsible for the administration and efficient daily operation ...
- 4/23/2024 12:00:00 AM
Chief Financial Officer - B2B EXIT & B2B CFO
- B2b Cfo
-
Rogers, AR
- Seeking An Experienced CFOAre you a driven and entrepreneurial CFO with experience in helping business owners improve th...
- 4/23/2024 12:00:00 AM
Mortgage Originator Market Leader
- YourWayHome.com LLC
-
Rogers, AR
- (In-House lender to 11,000 real estate agents, plus guaranteed leads) We are hiring an experienced mortgage originator t...
- 4/22/2024 12:00:00 AM
Ultrasound Technologist, FT, Days
- Mercy
-
Rogers, AR
- We're a Little Different Our mission is clear. We bring to life a healing ministry through our compassionate care and ex...
- 4/22/2024 12:00:00 AM
Endocrinologist
- Arkansas Children's
-
Springdale, AR
- On behalf of Jon Oden, MD, Section Chief of Pediatric Endocrinology at Arkansas Childrens Hospital (ACH), CareerPhysicia...
- 4/21/2024 12:00:00 AM
CT Technologist, FT, Evenings
- Mercy
-
Rogers, AR
- We're a Little Different Our mission is clear. We bring to life a healing ministry through our compassionate care and ex...
- 4/20/2024 12:00:00 AM
About Fayetteville, Arkansas
Fayetteville is the third-largest city in Arkansas and county seat of Washington County. The city is centrally located within the county and has been home of the University of Arkansas since the institution's founding in 1871. Fayetteville is on the outskirts of the Boston Mountains, deep within the Ozarks. Known as Washington until 1829, the city was named after Fayetteville, Tennessee, from which many of the settlers had come. It was incorporated on November 3, 1836 and was rechartered in 1867. The four-county Northwest Arkansas Metropolitan Statistical Area is ranked 105th in terms of ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$60,039 to $84,692
Fayetteville, Arkansas area prices
were up 1.2% from a year ago
were up 1.2% from a year ago
What does a Loan Workout Officer do?
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