Loan Workout Officer jobs in New York, 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
Senior Loan Workout specialist
- B10 Wells Fargo Bank, N. A.
-
Black Canyon, AZ
FULL_TIME
- About this role: Wells Fargo is seeking a... In this role, you will: Lead large portfolio of complex problem loans in initiatives and deliverables within the Loan Workout functional area Contribute to large scale planning related to strategy, technology and efficiencies deliverables Ensure loans are structured and priced consistently with Bank policy and commensurate with risk Review and research complex problem loan challenges that require an in-depth evaluation of multiple factors Strategize and implement account development on complex problem loans Negotiate creative structures to meet needs of customers and bank while minimizing risk exposure Resolve complex issues and lead Loan Workout team to meet functional area projects, processes and deliverables Leverage solid understanding of the functions, policies, procedures and compliance requirements Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals Work with in house and outside Counsel during litigation Lead team projects and mentor less experienced staff Required Qualifications: 4 years of Loan Workout, Commercial Lending experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Strong attention to detail, including accuracy in grammar and a sharp focus on eliminating errors. Ability to work effectively, as well as independently, in a team environment Ability to interpret and comprehend complex legal documents Excellent verbal, written, and interpersonal communication skills Strong analytical and quantitative skills Ability to manage multiple and competing deliverables. Customer relationship management experience Intermediate Microsoft Office experience Advanced knowledge of small business loan documentation Job Expectations: This position is not eligible for Visa Sponsorship. This position offers a hybrid work schedule. Hybrid Work schedule A/B or 3/2 schedule Work schedule - Monday - Friday - 8 am to 5 pm with flexibility Posting End Date: 16 Apr 2024 *Job posting may come down early due to volume of applicants. We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. Applicants with Disabilities To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.
- 5 Days Ago
Loan Workout Relationship Manager
- IDB
-
New York, NY
FULL_TIME
- Company DescriptionFor more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we’ve enjoyed fundamentally comes down to ...
- 9 Days Ago
Loan Workout, Vice President
- Sumitomo Mitsui Banking Corporation
-
New York, NY
FULL_TIME
- Overview Sumitomo Mitsui Banking Corporation is hiring a Vice President in the Loan Workout Group. Responsibilities Manage a portfolio of non performing mainly large corporate credits across various i...
- 1 Month Ago
Vice President - Restructuring / Workout
- Restructuring / Workout - Arena Investors I Quaestor Advisors
-
Purchase, NY
FULL_TIME
- *Flexible location but ideally Jacksonville, FL or Purchase, NY*Arena Investors, LP is a global investment management firm that seeks to generate attractive risk adjusted, consistent and uncorrelated ...
- 22 Days Ago
Loan Officer
- International Rescue Committee
-
New York, NY
FULL_TIME
- Requisition ID: req51299Job Title: Loan OfficerSector: FinanceEmployment Category: RegularEmployment Type: Full-TimeCompensation: USD 55,000.00 - 77,700.00 AnnuallyLocation: New York, NY HQ USAWork Ar...
- 9 Days Ago
Mortgage Loan Officer
- Lending Buddy
-
New York, NY
FULL_TIME
- Lending Buddy is a mortgage company located in the heart of the Financial District in New York City dedicated to helping people achieve their dream of homeownership. Led by one of Mortgage Executive M...
- 3 Days Ago
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0 Loan Workout Officer jobs found in New York, NY area
Credit Portfolio Manager III (CRE)
- Valley Bank
-
Morristown, NJ
- JOB OVERVIEW: The Credit Portfolio Manager III will underwrite credit facilities for existing and new customers. Proacti...
- 4/19/2024 12:00:00 AM
Paralegal - Real Estate
- Rockwood Search
-
New York, NY
- Boutique law office specializing in real estate transactions, coop/condo and commercial leasing located in Midtown, NYC ...
- 4/19/2024 12:00:00 AM
Mortgage Loan Officer
- Wsfs Bank
-
Great Neck, NY
- Job Description: Position type: Full-time Location: Southern, DE Schedule: Monday Friday Description: At WSFS Bank, we e...
- 4/18/2024 12:00:00 AM
Commercial Loan Review Officer I
- Valley Bank
-
Morristown, NJ
- Job Overview The Loan Review Officer I will provide an independent assessment of credit risk by examining individual cre...
- 4/18/2024 12:00:00 AM
Loan Processor/Assistant
- Block Equity Group
-
Rockville Centre, NY
- Job Title: Loan Processor/Assistant Company: Block Equity Group Location: In Office: Rockville Centre, NY Block Equity G...
- 4/18/2024 12:00:00 AM
Mortgage Originator Market Leader
- YourWayHome.com LLC
-
Jersey City, NJ
- (In-House lender to 11,000 real estate agents, plus guaranteed leads) We are hiring an experienced mortgage originator t...
- 4/17/2024 12:00:00 AM
Mortgage Originator Market Leader
- YourWayHome.com LLC
-
Paterson, NJ
- (In-House lender to 11,000 real estate agents, plus guaranteed leads) We are hiring an experienced mortgage originator t...
- 4/17/2024 12:00:00 AM
Relationship Manager II - Private Debt & CLO
- M&T Bank
-
New York, NY
- Overview: As part of the Loan Market Solutions Division, the CLO & Loan Administration team provides trustee & custodian...
- 4/15/2024 12:00:00 AM
About New York, New York
The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 M...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$76,977 to $108,584
New York, New York area prices
were up 1.6% from a year ago
were up 1.6% 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