Banking & Commercial Loan Workout Manager jobs in Indiana
Banking & Commercial Loan Workout Manager manages a staff of professionals in restructuring problem business banking and commercial loans. Develops strategies to assist lenders and borrowers in establishing collateral, equity, or other assets. Being a Banking & Commercial Loan Workout Manager may require a bachelor's degree. Typically reports to a director. The Banking & Commercial Loan Workout Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Banking & Commercial Loan Workout Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Recently Added Banking & Commercial Loan Workout Manager jobs
Commercial Banking Relationship Manager
- Community State Bank, Avilla IN
-
Fort Wayne, IN
FULL_TIME
-
Community State Bank is seeking an experienced Full-Time Commercial Banking Relationship Manager to join our team of dynamic commercial lending professionals in our new Fort Wayne, Indiana office. Qualified candidates will have at least two (2) years of bank commercial credit/lending experience and be dedicated to providing an exceptional client experience. Apply today and see why CSB is a great place to work!
Job Title: Commercial Banking Relationship Mgr
Reports To: Commercial Banking Manager
Supervises: None
Division: Commercial
FLSA Classification: Exempt
Pay Rate: Salary
Position Purpose: The Commercial Banking Relationship Manager (CBRM) is responsible for the acquisition of new commercial banking clients as well as the expansion and retention of existing commercial relationships. The CBRM will help structure, underwrite, negotiate, and manage low-to-moderately complex credit relationships. Additionally, the CBRM is responsible for developing and executing relationship management plans for high value clients.Job Requirements
Education: A 4-year degree in Business, Accounting, Finance, or related field is required. An equivalent combination of education and relevant work experience may be considered in lieu of a 4-year degree.Experience: At least 2-4 (two to four) years of experience in commercial credit/commercial banking is required, including developing, structuring, and underwriting credit transactions.Skills: Effective organizational and time management skills; excellent verbal and written communication skills; analytical thinking skills; ability to type at least 50 wpm; proficiency with Microsoft Office software such as Word, Excel, PowerPoint, and Outlook; fluency in the English language; ability to create professional-level written presentations and client communications; ability to travel between Bank and client locations as needed.Essential duties include, but are not limited to:
CSB Cultural Expectations
- Commit to learning, integrating, and modeling CSB’s ‘I CREATE’ core values: Integrity, Communication, Respect, Encouragement, Accountability, Trust, and Equality.
- Align to bank-wide vision, mission, and business objectives.
- Commit to continuous personal and professional growth in the areas of teamwork, customer service, and job specific competencies.
Relationship Management Expectations
- Take ownership of clients’ relationships with the Bank and do so effectively under minimal supervision.
- Prioritize relationships effectively and have an appropriate relationship management plan for each customer.
- Take a consultative approach to understanding our clients’ objectives, effectively identify their financial needs, implement appropriate financial solutions, and undertake ongoing review and assessment to ensure plan execution.
- Effectively collaborate and communicate with client service team, product team and senior management to ensure an excellent client experience.
- Effectively anticipate client needs.
- Understand and address key relationship stakeholders and key buying influences.
- Maintain a working knowledge of bank operating policies and procedures which impact commercial relationships.
Business Development Expectations
- Maintain and grow a profitable book of business through disciplined and initiative-taking business development and relationship management.
- Be highly focused on our target client profile; understand their financial needs and effectively communicate our value proposition.
- Develop an in-depth knowledge of Bank products and services, including deposit, treasury, and merchant banking solutions.
- Analyze the needs of clients and prospects to effectively recommend appropriate products or services.
- Attain established Bank portfolio growth, deposit, and loan production goals through active participation in sales management process.
- Participate in community events and networking activities to increase awareness and presence of Community State Bank.
Underwriting Expectations
- Effectively identify key risk factors associated with business opportunities and clearly articulate a thorough credit recommendation.
- Accurately prepare credit presentations and participate in the underwriting and credit approval process.
- Structure, underwrite, and obtain credit approval, negotiate terms, and effectively document credit actions and agreements.
- Ensure that all loans are documented completely, and that any documentation or loan policy exceptions are addressed and resolved.
Portfolio Management Expectations
- Be accountable for overall portfolio management, compliance, and risk.
- Monitor direct and operating exposures of portfolio to ensure actual performance is consistent with approved limits and loan structures—and consistent with the understanding or expectations that informed our credit approval.
- Initiate timely changes to risk ratings to reflect changes in conditions that impact on our customers and the Bank’s risk exposure, including regulatory compliance.
- Complete accurate and timely credit actions, including periodic reviews, renewals, and modifications.
- Ensure that borrower reporting requirements and financial covenants are met.
- Work in close partnership with credit administration.
- Be fully trained and knowledgeable in all compliance related areas of CSB including, but not limited to: BSA, OFAC, etc.
- Deliver products in compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
- Perform other duties as assigned
Physical Demands
- Frequent sedentary work that primarily involves sitting.
- Occasional standing and walking.
- Frequent repetitive motions that include the hands and/or fingers.
- Constant operation of a computer and other office productivity machinery, such as a calculator, copy machine, phone, and printer.
- Occasional lifting of up to 10 pounds.
- Constant written and verbal communication with others to exchange information.
- Constant state of awake and alertness.
- Frequent need to speak to groups of people.
- Constant ability to report in-person regularly and consistently at job site.
- Constant ability to distinguish colors and clearly view close up written materials.
- Constant exposure to moderate background noise (keyboards, telephones, printers, talking, etc.).
- Occasional need to travel to other bank locations or various types of client business locations.
- Occasional exposure to outdoor weather for short periods of time.
Community State Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. - 29 Days Ago
Commercial Loan Servicing Manager
- Centier Bank
-
Merrillville, IN
FULL_TIME
- Recognizing and valuing diversity strengthens our ability to attract, retain and engage associates and reinforces our relationship within our communities. Our associates are the most valuable asset we...
- 8 Days Ago
Commercial Loan Servicing Manager
- Centier Bank
-
Merrillville, IN
FULL_TIME
- Recognizing and valuing diversity strengthens our ability to attract, retain and engage associates and reinforces our relationship within our communities. Our associates are the most valuable asset we...
- 14 Days Ago
Manager Trainee - New Albany
- Tower Loan
-
Albany, IN
FULL_TIME
- Manager Development ProgramAt Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectively...
- 6 Days Ago
Manager Trainee - Batesville
- Tower Loan
-
Batesville, IN
FULL_TIME
- Manager Development ProgramAt Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectively...
- 16 Days Ago
Assistant Manager - Documents
- Lloyds Banking Group
-
Edinburgh, IN
FULL_TIME
- JOB TITLE: Assistant Manager, Documents; Actuarial Partnering & Technical services SALARY: £45,954 - £51,060LOCATION(S): Edinburgh HOURS: Full timeWORKING PATTERN: Hybrid, 40% (or two days) in our Edi...
- 4 Days Ago
Banking & Commercial Loan Workout Manager jobs at Popular Companies
Commercial Manager
- Skanska USA
-
Bothell, WA
- Job Overview: Skanska is searching for a dynamic Commercial Manager. This is a great opportunity to start a career with ...
- 6/11/2024 12:00:00 AM
Commercialization Manager
- ForceBrands
-
Chicago, IL
- **This is NOT a job at Forcebrands** Responsibilities: Collaborate with manufacturers to ensure the efficient production...
- 6/10/2024 12:00:00 AM
Commercial Manager
- Bayou Companies
-
New Iberia, LA
- Position Overview: The Bayou Companies seeks a dynamic and experienced Commercial Manager to join our team. As the Comme...
- 6/10/2024 12:00:00 AM
Commercial Manager
- Rolbay T/A Linesight
-
Birmingham, AL
- Overview: As a Commercial Manager at Linesight, you will work with highly experienced, culturally diverse, and passionat...
- 6/9/2024 12:00:00 AM
Commercialization Manager
- Tatum by Randstad
-
Harrisburg, PA
- Commercialization Manager - $90,000 to $120,000 Excellent Harrisburg-based client that we have worked with for a number ...
- 6/8/2024 12:00:00 AM
Commercialization Manager
- Hiring Now!
-
Los Angeles, CA
- Aspire Bakeries is a North American baking company with a leadership position in specialty frozen baked goods. Formed fr...
- 6/8/2024 12:00:00 AM
Commercial Manager
- Clinton Electric Co.
-
- Full Job Description Clinton Electric Co. is a leading electrical company in the Greater Baltimore Area. For over 50 yea...
- 6/8/2024 12:00:00 AM
Commercialization Manager
- Key Corporate Services LLC
-
Carrollton, TX
- Join our team where we foster a collaborative and dynamic work environment dedicated to our mission of becoming the prem...
- 6/7/2024 12:00:00 AM
About Indiana
Indiana /ˌɪndiˈænə/ (listen) is a U.S. state located in the Midwestern and Great Lakes regions of North America. Indiana is the 38th largest by area and the 17th most populous of the 50 United States. Its capital and largest city is Indianapolis. Indiana was admitted to the United States as the 19th U.S. state on December 11, 1816. Indiana borders Lake Michigan to the northwest, Michigan to the north, Ohio to the east, Kentucky to the south and southeast, and Illinois to the west.
Before becoming a territory, various indigenous peoples and Native Americans inhabited Indiana for thousands of ye...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Banking & Commercial Loan Workout Manager jobs
$163,524 to $234,996
Most Popular Cities in Indiana for Banking & Commercial Loan Workout Manager Jobs
What does a Banking & Commercial Loan Workout Manager do?
Banking & Commercial Loan Workout Manager in Harrisburg, PA
First of all, be honest (remember, if you get this job, the hiring manager will be calling your former bosses and co-workers!).
February 01, 2020
Banking & Commercial Loan Workout Manager in Abilene, TX
For this reason, it is in a banks best interest to renegotiate loans that are in, or near, default status.
February 13, 2020
Banking & Commercial Loan Workout Manager in Ann Arbor, MI
Explain what are your strengths As Banking Commercial Loan Workout Manager.
January 03, 2020