Commercial Loan Workout Officer restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Being a Commercial Loan Workout Officer works with small to moderate size loans of little complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer typically reports to a supervisor or manager. The Commercial Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Commercial Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Description
Position Overview: The Loan Processor / Loan Officer Assistant plays a crucial role in supporting the loan officer in facilitating the loan process. This position involves coordinating with clients, gathering necessary documentation, and ensuring smooth communication between all parties involved in the loan application process. The assistant works closely with the loan officer to ensure efficiency, accuracy, and compliance with regulations
Requirements
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