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)
At Blue, we discover pathways to realize your possibilities. Our Loan Officer is responsible for building and strengthen relationships with current members and prospects within our communities. This position is accountable for delivering product and service solutions to support needs of our membership. Accountable for improving wallet share through proactive inbound and outbound call efforts and ensuring a quality member experience through our service delivery. This position is primarily responsible for handling service requests, taking telephone loan applications, and supporting contact center functions in accordance with established policies, procedures, and regulations.
This position will also focus on:
EXPERIENCE: Three years to five years of similar or related experience, including preparatory experience.
EDUCATION/CERTIFICATIONS/LICENSES: A college degree or 5 years of experience in lieu of degree.
INTERPERSONAL SKILLS: A significant level of trust, credibility and diplomacy is required. In-depth dialogue, conversations and explanations with customers, direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature. Communications may involve motivating, influencing, educating and/or advising others on matters of significance. Typically includes subject matter experts as well as first level to middle managers.
Full Time Position
Compensation Range: $19.95 - $29.92
Eligibility for employment is dependent on bondability, background and credit check.
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Culture BluePrint and Working at Blue