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)
Position General Responsibilities:
This Position will be responsible for analyzing, originating, processing, and servicing existing and future consumer, commercial and construction loans. This professional will work within the region to expand business relationships with existing customers, develop new business referral sources through a strong regional involvement, and develop new bank customers through personal contact and relationship development. This position will have extensive public or telephone contact and is to conduct relationships in a manner that will enhance the overall marketing effort of the Bank by developing new/existing loan and deposit business relationships.
Employees Supervised:
None.
Education, Experience and Certification Requirements
Note: Only minimum responsibilities are listed. Other responsibilities may be required as requested by management.
Basic Qualifications:
Preferred:
Dimension of Job:
This position will be responsible for analyzing, processing, and servicing existing and future Ag, consumer, commercial and real estate loans. This professional will work within the region to expand business relationships with existing customers and develop new business referral sources through a strong regional involvement. This position will have extensive public or telephone contact and is to conduct relationships in a manner that will enhance the overall marketing effort of the Manhattan Branch.
For full description, which includes physical mental demands please see attachment.