Loan Workout Manager jobs in Iowa

Loan Workout Manager directs and manages a team of professionals in restructuring commercial loans. Works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Being a Loan Workout Manager is responsible for collecting potential loans that are viable. Develops programs and manages strategies to reach performance goals. Additionally, Loan Workout Manager provides guidance and oversight on high complexity or challenging loans. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Loan Workout Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Loan Workout Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)

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Loan Workout
  • Mindlance
  • Des Moines, IA FULL_TIME
  • Job Title: Loan Workout Specialist

    Location: West Des Moines, IA

    Duration: 18 Months (Contract)

    Description

    As a Loan Workout Specialist, you'll assist with straightforward tasks in Loan Workout. You'll receive guidance from your supervisor and help with basic issues, policies, and procedures. Additionally, you'll communicate with client staff in Loan Workout.

    Required Qualifications

    • 6 months of experience in Loan Workout or Commercial Lending, or similar experience gained from work, training, or education.

    Responsibilities

    You'll handle simple customer issues, such as estate matters or settlements. This involves researching, making decisions, and liaising with various individuals involved.

    Team Duties

    • Assist in the final steps of resolving issues.
    • Primarily focus on Credit Card cases.
    • Receive daily reports and allocate tasks.
    • No direct customer interaction.
    • Not suitable for entry-level candidates.

    Experience Needed

    • Ability to identify and address problems.
    • Familiarity with credit cards.
    • Proficiency in researching payments.
    • Basic understanding of legal procedures.
    • Capability to work independently.
    • Prior experience in a large company is advantageous.

    Technical Skills

    • Proficient in using Excel.

    Education/License

    • No specific requirements.

    Preferred Experience

    • Background in financial services.
    • Hybrid work schedule: 3 days in-office per week.
    • Full-time position, 8 hours per day, Monday to Friday.

    Interview Process

    A 30-minute team call will focus on evaluating your work ethic, current role, ability to work independently, and attention to detail.
  • 21 Days Ago

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Loan Workout Specialist
  • B10 Wells Fargo Bank, N. A.
  • Des Moines, IA FULL_TIME
  • At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace wh...
  • 4 Days Ago

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Loan Workout Specialist
  • Wells Fargo
  • WEST DES MOINES, IA FULL_TIME
  • At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace wh...
  • 4 Days Ago

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Loan Workout Specialist 1
  • TalentBridge
  • WEST DES MOINES, IA FULL_TIME
  • This job offer is not available in your country. Job Description : you may : Participate in or provide support for low complexity initiatives within Loan Workout. Review basic or tactical issues, poli...
  • 8 Days Ago

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Loan Workout Specialist
  • Motion Recruitment
  • Des Moines, IA CONTRACTOR
  • Outstanding long-term contract opportunity! A well-known Financial Services Company is looking for a Loan Workout Specialist in Des Moines, IA (Hybrid).Work with the brightest minds at one of the larg...
  • 9 Days Ago

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Loan Workout Specialist (1047063)
  • The Judge Group
  • Des Moines, IA CONTRACTOR
  • Location: West Des Moines, IASalary: $23.00 USD Hourly - $25.00 USD HourlyDescriptionJob Title: Intake SpecialistJob Description: The Intake Specialist is responsible for managing complex and sensitiv...
  • 9 Days Ago

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Senior Asset Manager
  • Specialty Consultants Inc.
  • SCI, the leading search firm in the real estate industry, is seeking a Senior Asset Manager to join a leading private eq...
  • 6/11/2024 12:00:00 AM

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Recruitment Consultant (Sales Focused Role)
  • Frank Recruitment Group
  • Philadelphia, PA
  • Recruitment Consultant – Frank Recruitment Group Location: Onsite in Philadelphia Start Date: June 10th Are you a compet...
  • 6/11/2024 12:00:00 AM

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Digital Marketing Manager
  • Consumer product company
  • Phoenix, AZ
  • Title: Digital Marketing Specialist Company: Versa Gripps Location: Remote, with the ability to travel to our offices in...
  • 6/11/2024 12:00:00 AM

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Electrical Project Manager
  • State Electric Corporation
  • Bedford, MA
  • Job Title: Electrical Project Manager Company: State Electric Corporation Founded in 1988, State Electric Corporation is...
  • 6/11/2024 12:00:00 AM

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Entry-Level Recruitment Consultant (Sales Focused Role)
  • Frank Recruitment Group
  • Scottsdale, AZ
  • Recruitment Consultant – Frank Recruitment Group Location: Onsite in Scottsdale Start Date: June 10th Are you a competit...
  • 6/11/2024 12:00:00 AM

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Group Trainer/Class Instructor
  • Anytime Fitness
  • Romeoville, IL
  • Small Group Training Instructor Anytime Fitness Westchester, IL Do you LOVE teaching groups? Are you "that" energetic co...
  • 6/11/2024 12:00:00 AM

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General Manager
  • Crunch Fitness
  • Charlotte, NC
  • General Manager Here We GROW Again! Are you a potential General Manager and ready to leave average in the past? Be a par...
  • 6/11/2024 12:00:00 AM

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Loan Workout Officer III
  • Fulton Bank
  • Lancaster, PA
  • Value Proposition: Our values define us and our culture inspires us to change lives for the better. Our employees are th...
  • 6/10/2024 12:00:00 AM

Iowa (/ˈaɪəwə/ (listen)) is a state in the Midwestern United States, bordered by the Mississippi River to the east and the Missouri River and Big Sioux River to the west. It is bordered by six states; Wisconsin to the northeast, Illinois to the east, Missouri to the south, Nebraska to the west, South Dakota to the northwest and Minnesota to the north. In colonial times, Iowa was a part of French Louisiana and Spanish Louisiana; its state flag is patterned after the flag of France. After the Louisiana Purchase, people laid the foundation for an agriculture-based economy in the heart of the Corn...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$139,457 to $218,580

Loan Workout Manager in Wichita Falls, TX
When a bank believes your business has a substantial chance of defaulting on the loan, it has a duty to its shareholders and its regulating agency to protect its interest in your loan. Signs of possible loan default initiate the procedures for a loan workout.
January 25, 2020
Loan Workout Manager in Fort Lauderdale, FL
Banks make money by giving loans and collecting interest from those loans.
December 08, 2019
Loan Workout Manager in Twin Falls, ID
In order to be considered a candidate for this position, many banks require a Bank and Commercial Loan Workout Manager to have a Bachelors or Master’s degree in a field related to Banking Management such as Finance, Project Management, Accounting, etc.
December 22, 2019