Loan Workout Manager jobs in Indiana
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)
Recently Added Loan Workout Manager jobs
Manager Trainee - New Albany
- Tower Loan
-
Albany, IN
FULL_TIME
-
Manager Development Program
At 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 provide an essential service for customers and become a leader in consumer finance.
No previous experience is required - we will help you grow your career.
If you want to work for a company that cares about your career as much as you do, then apply with Tower Loan.
About Us
Tower Loan, one of America’s largest privately owned Consumer Finance companies, has been lending money to our customers for personal loans, home equity loans, and retail sales financing for over 80 years. To learn more about Tower Lower, visit https://bit.ly/3cIWAkt.
Compensation: Earnings are based on a 45-hour workweek- During Training: $38,285 / year (Avg. Annual Earnings) uncapped bonus
- After Training: $60k - $80k / year (Avg. Annual Earnings and bonus)
- Skill development & growth opportunities
- Complete position-based training program
- Coaching and mentorship
- Strong hire-from-within policy
- Competitive salary & unlimited earning potential
- Comprehensive benefit package
- Awards, recognition, & appreciation
- The work day begins at 8:15 am; Monday – Friday
- Overtime and working Saturdays is required based on operational needs
- As an MT, you will work an average of 45 hours every week
- Extended office hours can vary based on the size of the branch
- Become proficient in customer service, sales and marketing, finance, and operations
- Develop long-term customer relationships by listening to customer needs and recommending the best service via phone and in-person
- Promote additional products to best serve new and existing customers
- Contact customers regarding payment reminders and arrangements
- Assist the Branch Manager to exceed established branch goals
- Learn and provide support in management responsibility duties such as delegating employee workload and analyzing loan documents
- Become proficient in all aspects of management such as recruitment, staff development, performance management, and leadership
- High School degree or equivalent certification
- Must have a valid driver’s license and reliable vehicle
- Willingness to relocate upon promotion into management; your preference of relocation is considered, but not guaranteed. (Branch locations: MS, AL, LA, IL, MO, & TX)
- Employment is contingent upon the successful completion of a background check, drug screening, and credit check.
- 5 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...
- 15 Days Ago
Credit Counselor II - Workout Specialist
- Notre Dame Federal Credit Union
-
Mishawaka, IN
FULL_TIME
- Brief DescriptionPRIMARY FUNCTION:The Credit Counselor II – Workout Loan Specialist position is responsible for developing and implementing an effective system of delinquency and loss control by restr...
- 6 Days Ago
Customer Service Representative - Moberly
- Tower Loan
-
Moberly, IN
FULL_TIME
- Great Opportunity!The heart of Tower Loan lies with our Customer Service Representative! Our representatives provide the best experience to our customers to earn their continued business. At Tower Loa...
- 9 Days Ago
Customer Service Representative - Batesville
- Tower Loan
-
Batesville, IN
FULL_TIME
- Great Opportunity!The heart of Tower Loan lies with our Customer Service Representative! Our representatives provide the best experience to our customers to earn their continued business. At Tower Loa...
- 15 Days Ago
FARM MANAGER – GAME – FM1499
- Farm Manager SA
-
River, IN
OTHER
- Limpopo River Area – Limpopo: Our client is looking for a Farm Manager- Game to join the team. Only candidates with the relevant experience will be considered. MINIMUM REQUIREMENTS Agricultural Diplom...
- 18 Days Ago
Loan Workout Manager jobs at Popular Companies
Part-Time Trash Collector-Personal Truck Required-Nights-From $17/hr
- Valet Living
-
Westerville, OH
- A reliable open-bed pickup truck or vehicle hauling a trailer is REQUIRED for this position. Join our team as an Apartme...
- 6/11/2024 12:00:00 AM
Apartment Trash Collector-Nights-Truck Required-From $17/hr Part-Time
- Valet Living
-
Westerville, OH
- A reliable open-bed pickup truck or vehicle hauling a trailer is REQUIRED for this position. Join our team as an Apartme...
- 6/11/2024 12:00:00 AM
Part-Time Apartment Waste Management Collector-Nights-Truck Required-From $17/hr
- Valet Living
-
Westerville, OH
- A reliable open-bed pickup truck or vehicle hauling a trailer is REQUIRED for this position. Join our team as an Apartme...
- 6/11/2024 12:00:00 AM
Apartment Garbage Collector-Nights-Truck Required-From $17/hr Part-Time
- Valet Living
-
Westerville, OH
- A reliable open-bed pickup truck or vehicle hauling a trailer is REQUIRED for this position. Join our team as an Apartme...
- 6/11/2024 12:00:00 AM
Apartment Waste Management Collector-Nights-Truck Required-From $17/hr Part-Time
- Valet Living
-
Westerville, OH
- A reliable open-bed pickup truck or vehicle hauling a trailer is REQUIRED for this position. Join our team as an Apartme...
- 6/11/2024 12:00:00 AM
Part-Time Apartment Garbage Collector-Nights-Truck Required-From $17/hr
- Valet Living
-
Westerville, OH
- A reliable open-bed pickup truck or vehicle hauling a trailer is REQUIRED for this position. Join our team as an Apartme...
- 6/11/2024 12:00:00 AM
Apartment Waste Management Collector-Nights-Truck Required-From $18/hr Part-Time
- Valet Living
-
New Hudson, MI
- A reliable open-bed pickup truck or vehicle hauling a trailer is REQUIRED for this position. Join our team as an Apartme...
- 6/11/2024 12:00:00 AM
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
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 Loan Workout Manager jobs
$141,352 to $221,549
Most Popular Cities in Indiana for Loan Workout Manager Jobs
What does a Loan Workout Manager do?
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