Loan Workout Manager jobs in Washington

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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Assistant Branch Manager
  • Olympia Federal Savings & Loan Association
  • Lacey, WA FULL_TIME
  • Description

    OlyFed employees love the places we work and the communities we serve. In addition to a generous benefit package and opportunities for career growth, OlyFed employees are able to boast about working for an organization with a positive reputation and a proven commitment to our communities.


    OlyFed prides itself on a history of personal, high-quality service to our customers and community. The spirit of giving is built into our charter and culture. Each year OlyFed dedicates more than 10% of its revenues to community support. In addition to corporate financial contributions, our employees extend the policy of community involvement by donating their time and talents.


    The Assistant Branch Manager is responsible for assisting the Branch Manager with branch operations and staff management. Promote the sales and service culture through coaching, training, and staff motivation. Achieve individual and branch goals by using business development, referral, and account retention skills. Carry out branch expectations and business plan objectives with excellent customer service and business ethics.


    ESSENTIAL DUTIES & RESPONSIBILITIES:

    • Manage staff through effective leadership, coaching, training, communication, staffing, performance reviews and coordinating branch meetings and activities.
    • Branch operations including sales, customer service, security, compliance, and procedures.
    • Ensure accuracy and satisfaction for customer accounts and customer service inquires.
    • Branch safety, security and compliance including vault operations, cash management, safe deposit boxes, opening and closing procedures, Bank Secrecy/Anti Money Laundering program, test branch security tools, and assure dual control is maintained on negotiable instrument stock.
    • Conduct and prepare reoccurring branch audits and reports.
    • Perform duties of CSR (teller) and Banker as required.
    • Assess customer needs and make recommendations for product and services based on findings.
    • Participate in Association and community activities to facilitate growth of the deposit and loan base, which may be outside normal branch hours.
    • Assist Retail Branch Manager with special assignments, projects, and reports as needed.
    • Other duties as assigned.

    Requirements


    KNOWLEDGE, SKILLS AND ABILITY REQUIREMENTS:

    • Excellent public and customer relations skills to effectively communicate with internal and external customers, determine their needs, and maintain their confidence.
    • Thorough understanding of banking regulations and Association policies and procedures with demonstrated ability to interpret and apply policies and regulations quickly and independently.
    • Organization and flexibility to prioritize workload in a fast-paced, customer-driven environment.
    • Utilize analytical techniques and exercise independent judgment to identify strategies to solve problems and complex customer needs.
    • Exercise customer confidentiality and discretionary judgment.
    • Exceptional written and verbal communication skills including the ability to clearly communicate and explain complex banking regulations and documents.
    • Proficiency in basic computer programs with ability to learn new software.
    • Read, write, speak, and understand English well.


    QUALIFICATIONS:

    • At least two years’ experience in the financial industry or a related field.
    • Teller and/or Banker experience.
    • Management experience in a financial services or customer service environment preferred.
    • Bachelor’s degree or equivalent experience and training in a related field preferred.
    • Must be bondable.


    PHYSICAL DEMANDS & WORK ENVIRONMENT/CONDITIONS:

    Duties are performed in usual office conditions. Ability to operate standard office equipment including personal computer, standard keyboard, 10-key calculator and work a standard shift with repetitive wrist and hand movements. Ability to talk and hear. Ability to stand or sit for extended periods of time. Occasionally lift, move, or carry items up to 15 lbs. Ability to concentrate on the matter at hand, under sometimes distracting work conditions. Requires manual dexterity and handling ability. Use hands and arms to finger, handle, grab and reach. Specific vision abilities including close vision and the ability to adjust focus. Work may involve eyestrain due to constant use of computer screens. Occasional walking, kneeling, stooping, crouching, and bending. Ability to be mobile office-wide for various business needs.


    Employees are covered by medical, dental, vision, basic life insurance and long-term disability.  Voluntary benefit coverage includes life insurance, AD&D, legal, accident, critical illness, hospital indemnity, and FSA. Options for family coverage are available. Employees can enroll in our company’s 401k plan. We offer immediately vested 5% 401k match, as well as profit sharing. Employees are eligible for annual incentive bonus. Full-time employees will receive the following paid time off per month: 6.67 hours of vacation leave and 8 hours of sick leave. In addition, the following paid time off per year: 11 paid holidays; a float holiday; a birthday holiday; 24 wellness hours; 16 volunteer hours. Modified for part-time employees. 


    OlyFed is an Equal Opportunity Employer and affirmative action employer. EOE AA M/F/Vet/Disability


    If you require a reasonable accommodation to complete the application process, please contact Human Resources at 360-754-3400.

  • 25 Days Ago

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General Manager
  • Collision General Manager
  • Kirkland, WA FULL_TIME
  • ** This position offers bonus potential of up to half the annual salary** Responsibilities: Actively lead center level performance though: key metrics, quality, individual skill levels and culture Com...
  • 16 Days Ago

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PROJECT MANAGER- ENGINEERING
  • PROJECT MANAGER- ENGINEERING
  • Moses Lake, WA FULL_TIME
  • We value: Safety, Integrity, Ownership, Collaboration, Service, Sustainability Moses Lake Industries, Inc. (MLI) is a rapidly growing producer of ultra-pure chemical products, serving the semiconducto...
  • 13 Days Ago

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Commercial Loan Portfolio Manager
  • GESA CREDIT UNION
  • Tukwila, WA OTHER
  • Job Details Level: Experienced Job Location: Tukwila Southcenter Blvd - Tukwila, WA Position Type: Full Time - Salary Education Level: 4 Year Degree Salary Range: $97,915.62 - $146,873.43 Salary/year ...
  • 6 Days Ago

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Commercial Loan Portfolio Manager
  • GESA CREDIT UNION
  • Richland, WA OTHER
  • Job Details Level: Experienced Job Location: Richland Goethals - Richland, WA Position Type: Full Time - Salary Education Level: 4 Year Degree Salary Range: $86,586.54 - $129,879.81 Salary/year Job Sh...
  • 9 Days Ago

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Commercial Loan Portfolio Manager
  • GESA CREDIT UNION
  • Vancouver, WA OTHER
  • Job Details Level: Experienced Job Location: Vancouver Loan Office - Vancouver, WA Position Type: Full Time - Salary Education Level: 4 Year Degree Salary Range: $84,968.10 - $127,452.15 Salary/year J...
  • 9 Days Ago

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Vice President - Restructuring / Workout
  • Arena Investors, LP
  • Jacksonville, FL
  • Flexible location but ideally Jacksonville, FL or Purchase, NY* Arena Investors, LP is a global investment management fi...
  • 6/12/2024 12:00:00 AM

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Vice President - Restructuring / Workout
  • Arena Investors, LP
  • Purchase, NY
  • Flexible location but ideally Jacksonville, FL or Purchase, NY* Arena Investors, LP is a global investment management fi...
  • 6/12/2024 12:00:00 AM

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

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Attorney
  • The Roth Firm
  • Atlanta, GA
  • Are you searching for a reliable and rewarding career in personal injury law or worker's compensation? The Roth Firm is ...
  • 6/12/2024 12:00:00 AM

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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...
  • 6/12/2024 12:00:00 AM

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Network Field Technician
  • Net2Source Inc.
  • Springfield Center, NY
  • Job Title: Network Field Technician Location: Springfield, NY - Onsite Type of Hire : Contract Rate - $35-$40/HR on W2(w...
  • 6/12/2024 12:00:00 AM

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Business Development Lead - Distressed Commercial Real Estate
  • Case Equity Partners
  • New York, NY
  • We are seeking a technically savvy and hungry BizDev rainmaker looking to make a lasting mark on the industry. “Real est...
  • 6/12/2024 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

Washington (/ˈwɒʃɪŋtən/), officially the State of Washington, is a state in the Pacific Northwest region of the United States. Washington is the northwestern-most state of the contiguous United States. It borders Idaho to the east, bounded mostly by the meridian running north from the confluence of the Snake River and Clearwater River (about 116°57' west), except for the southernmost section where the border follows the Snake River. Oregon is to the south, with the Columbia River forming the western part and the 46th parallel forming the eastern part of the Oregon-Washington border. To the wes...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$157,090 to $246,216

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