Loan Workout Officer jobs in Jamestown, NY

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

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Loan Discounter
  • Community Bank System, Inc.
  • Olean, NY FULL_TIME
  • Work Happy is in line with our Bank Happy philosophy. At CBSI, we are committed to providing the highest level of employee support, whether through our benefits, our professional development or our challenging but rewarding professional experiences. We are dedicated to helping you succeed. We believe engaging and empowering our employees is key to our success and our Work Happy mission.

    Community Bank System, Inc. is looking for a Loan Discounter in our Indirect Lending Department located in Olean, NY.  This exciting opportunity offers career growth within a full service financial institution that has been in business for over 150 years and is one of Forbes Top 12 twelve years running!

    In addition to our Work Happy Mission, as a dedicated Loan Discounter, you will be rewarded with a competitive salary and benefits including: 10 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!

    Indirect Lending Loan Discounter Overview:
    Basic Qualifications:
    Education, Training and Requirements:
    • High School Diploma or GED required
    • Associates Degree or equivalent in work experience preferred

    Skills:     
    • Strong work ethics, attention to detail and proven organizational and analytical skills
    • Ability to prioritize and work effectively under time constraints
    • Good written and verbal communication skills
    • Moderate computer and typing skills
    • Familiar with Microsoft Word/Excel
    • Good customer service skills

    Experience:            
    • Two (2) to (four (4) years banking experience preferred with knowledge of the Bank’s lending products and services as well as a working knowledge of the required documentation for all loan types.

    General Function:
    This position will review, evaluate and retain several reserve payment structures by product and state.  The Discounter will need to accurately fund or deny funding of installment loan contracts according to the Indirect Department and Bank policies and guidelines.

    Essential Responsibilities:
    • Enter and evaluate loan package documentation for accuracy and adherence to compliance and procedure
    • Ensure the accuracy of contract figures, disclosures, signatures and documentation for the loan type and contract funding
    • Identify errors in calculations and/or missing documentation; work with dealership for corrections and help maintain department exceptions
    • Refer major loan violations to supervisor/manager for review
    • Disseminate and process mail, exception bags and loan bag runs
    • Manage logs and spreadsheets used by the department
    • Perform other related duties as assigned or directed
    • Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all job-specific training requirements in a timely fashion
       
    Hours: 40 hours per week; includes rotating late shifts, assigned Saturdays and some Holidays
    Location: Olean, NY

    Compensation: Level to be determined by experience. This position also provides potential for additional compensation, including an annual performance based merit increase and bonus, along with the generous benefits package mentioned above.

    To apply to this position or to see a full listing of current openings please go to:  https://cbna.com/careers/work-happy
     
    Community Bank System, Inc. is an Affirmative Action, Equal Opportunity Employer who fully embraces diversity - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity.

     

  • 2 Days Ago
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Loan specialist
  • Community Bank
  • Olean, NY FULL_TIME
  • Responsibilities Review Consumer loans via the Consumer LOS for quality assurance, adherence to compliance policies, regulatory polices (such as Fair Lending) underwriting, policies, and documentation...
  • 7 Days Ago
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Loan Specialist
  • Community Bank System, Inc.
  • Olean, NY FULL_TIME
  • OverviewAt Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Ban...
  • 9 Days Ago
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Loan Specialist
  • Community Bank System, Inc.
  • Olean, NY FULL_TIME
  • OverviewAt Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Ban...
  • 9 Days Ago
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Loan Servicing Coordinator I
  • Northwest Opportunities
  • WARREN, PA FULL_TIME
  • Job Summary The Loan Servicing Coordinator I will oversee daily life of loan servicing for all small business and commercial loans. This position manages time and meets deadlines under pressure. Essen...
  • 1 Month Ago
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Indirect Loan Representative
  • Community Bank System, Inc.
  • Olean, NY FULL_TIME
  • OverviewAt Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Ban...
  • 2 Months Ago
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0 Loan Workout Officer jobs found in Jamestown, NY area

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Part Time Crisis and Services Advocate
  • The Salvation Army Eastern Territory
  • Jamestown, NY
  • Overview: Seeking: compassionate individuals looking to help make a difference! If you are passionate about making a dif...
  • 5/6/2024 12:00:00 AM
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Children's Health Home Care Manager Supervisor
  • The Salvation Army Eastern Territory
  • Jamestown, NY
  • Overview: Seeking a Full Time Childrens Health Home Care Manager Supervisor to join our Jamestown Corps Our Full Time op...
  • 5/6/2024 12:00:00 AM
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Part Time Crisis and Services Advocate
  • The Salvation Army Eastern Territory
  • Jamestown, NY
  • Overview: Seeking: compassionate individuals looking to help make a difference! If you are passionate about making a dif...
  • 5/6/2024 12:00:00 AM
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CREW MEMBER
  • Wendy's
  • Jamestown, NY
  • Why Wendy's If you're interested in a Crew Member position that rewards your commitment, then Wendy's is right for you. ...
  • 5/6/2024 12:00:00 AM
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Children's Health Home Care Manager Supervisor
  • The Salvation Army Eastern Territory
  • Jamestown, NY
  • Overview: Seeking a Full Time Childrens Health Home Care Manager Supervisor to join our Jamestown Corps Our Full Time op...
  • 5/6/2024 12:00:00 AM
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Retail Merchandising Specialist
  • BDS Connected Solutions, LLC.
  • Jamestown, NY
  • At a Glance: $$$ Earn weekly pay at BDS! $$$ If you enjoy completing independent projects, are interested in collaborati...
  • 5/6/2024 12:00:00 AM
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Retail Store Associates and Stockers - 1018
  • Big Lots Stores, Inc.
  • Jamestown, NY
  • DescriptionReady to join our BIG family? Text 'BIG LOTS' to 97211 to schedule an interview. When you join our team, you'...
  • 5/6/2024 12:00:00 AM
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Chief Financial Officer
  • County of Chautauqua Industrial Development Agency (CCIDA)
  • Jamestown, New York, NY
  • As part of a planned succession, the County of Chautauqua Industrial Development Agency (CCIDA), an economic development...
  • 5/3/2024 12:00:00 AM
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About Jamestown, New York

Jamestown is a city in southern Chautauqua County, New York, United States. The population was 31,146 at the 2010 census and was estimated at 29,591 in 2017. Situated between Lake Erie to the northwest and the Allegheny National Forest to the south, Jamestown is the largest population center in the county. Nearby Chautauqua Lake is a freshwater resource used by fishermen, boaters and naturalists. Notable people from Jamestown include comedian Lucille Ball, U.S. Supreme Court justice and Nuremberg chief prosecutor Robert H. Jackson, naturalist Roger Tory Peterson, singer Natalie Merchant, and N...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$62,548 to $88,239
Jamestown, New York area prices
were up 1.5% from a year ago
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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