Loan Workout Officer jobs in District of Columbia

Loan Workout Officer restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with small- and mid-size loans of little to medium complexity. Being a Loan Workout Officer typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Loan Administration Officer
  • RER SOLUTIONS, INC
  • Washington, DC FULL_TIME
  • Description

    Do you want to work for a company that cares about you as a person, not just a number? For a company that provides outstanding leadership? For a company that offers exceptional benefits? RER Solutions, Inc., could be your new home.


    RER Solutions, Inc., is accepting resumes for a Loan Administration Officer to join our superior workforce. The Loan Administration Officer will provide onsite and remote federal program leadership.


    RESPONSIBILITIES

    • Execute electronic filing of all project documents into the Quicksilver monitoring system.
    • Manage all electronic wire transfers from applicants
    • Post accurate accounting figures of all application fees received for the Program and give reports of such to the senior management of the Program
    • Research project-related issues as requested (e.g., rating agency reports)
    • Work within the Quicksilver monitoring system to populate data relating to projects and process post-issue requests, advance requests, and other tasks relating to project activity
    • Review and monitor internal accounting reports for accuracy and assembles and distributes reports to senior management in the LPO
    • Assist in the identification and application of disbursements and cash receipts and reconciles discrepancies within the LPO
    • Create and maintain various tracking reports for the Program Manager
    • Serve as the unit’s designated Customer Service representative responsible for the initial review, directing, and logging of all incoming post issue requests and inquiries
    • Draft correspondence and requests information and materials from LPO borrowers, sponsors, and lending institutions concerning project related matters
    • Identify vital records, which require special handling to ensure their availability for use
    • Assist Division staff in capturing and categorizing records
    • Establish new folders for new projects
    • Train new Division employees in record keeping requirements and system
    • Coordinate transfer of custody/responsibility for records belonging to departing employees
    • Coordinate obtaining Division approvals for the disposition of eligible records
    • Act as the liaison between PMD and LPO Program Records Official
    • Train new staff on procedures as necessary

    Requirements

    • Minimum of US Citizenship required to obtain client-issued Public Trust
    • Minimum of two years of related experience 
    • Excellent written and oral communication skills
    • Excellent attention to detail and an understanding of fundamental business writing
    • Expertise in Microsoft Office Products (i.e., Word, Excel, PowerPoint, and Outlook)


    EDUCATION: Bachelor’s Degree 


    COMPENSATION: Includes paid holidays, vacation, sick leave, 401k matching, life insurance, health, vision, and dental benefits.


    This position is not available for Corp-to-Corp or 3rd party sourcing.


    We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

  • 5 Days Ago

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Loan Monitoring Officer PSC
  • U.S. International Development Finance Corporation
  • Washington, DC FULL_TIME
  • **IMPORTANT: Applications for this position are not accepted through Indeed. Please refer to "How to Apply" section for instructions.** Pay Range: Equivalent to GS-13-01 / GS-14-10 / $112,015.00 - $17...
  • 9 Days Ago

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Agency Fiscal Officer (GSC/DMV)
  • Office of The Chief Financial Officer
  • Washington, DC FULL_TIME
  • Government of the District of Columbia Office of the Chief Financial Officer (OCFO) Agency Fiscal Officer $143,856.00 - $185,265.00 The Office of the Chief Financial Officer (OCFO) whose mission is to...
  • 20 Days Ago

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Administrative Officer
  • US Office of the Chief Administrative Officer
  • Washington, DC FULL_TIME
  • Duties As an Administrative Officer, you will: Provide administrative direction for the activities of all staff specialists who have the direct responsibility for management development supervisory tr...
  • Just Posted

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Budget Officer
  • Office of the Chief Financial Officer (OCFO)
  • Washington, DC FULL_TIME
  • SERVICING PERSONNEL OFFICE/UNIT: Office of Human ResourcesPOSITION SERIES: DS-560 POSITION GRADE: DS-14 IF "OPEN UNTIL FILLED," FIRST SCREENING DATE: December 28, 2023TOUR OF DUTY: To Be DeterminedARE...
  • 20 Days Ago

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Residential Loan Officer (Spanish-speaking)
  • Amalgamated Bank of NY
  • Washington, DC FULL_TIME
  • Amalgamated Bank seeks a Spanish-speaking Residential Loan Officer to manage and proactively solicit new residential mortgage and HELOC loan applications, interact with Spanish-speaking customers and ...
  • 20 Days Ago

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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

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Loan Workout Officer/Vice President
  • Flushing Savings Bank
  • Uniondale, NY
  • General Statement of Duties: The Vice President/Loan Workout Officer is responsible for managing loan workout for the ba...
  • 6/10/2024 12:00:00 AM

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Commercial Loan Workout Officer (Hybrid Remote) - To 90K - Texas - Job 3248
  • The Symicor Group
  • Austin, TX
  • Our client is seeking to fill a Hybrid Remote Commercial Loan Workout Officer role located near either Austin, McAllen o...
  • 6/10/2024 12:00:00 AM

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Sr. Loan Officer
  • New American Funding
  • Riverside, CA
  • Overview: Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase...
  • 6/10/2024 12:00:00 AM

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Sr. Loan Officer
  • New American Funding
  • Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay t...
  • 6/9/2024 12:00:00 AM

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Loan Officer
  • CapCenter
  • Richmond, VA
  • CapCenter is looking for a Loan Advisor to help pursue our mission: simplifying the homeownership journey with consolida...
  • 6/7/2024 12:00:00 AM

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Mortgage Loan Officer
  • Nexera Holdings
  • Emeryville, CA
  • Newfi offers an amazing compensation package along with member service leads, digital mortgage technology, top of the li...
  • 6/7/2024 12:00:00 AM

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Sr. Loan Officer
  • New American Funding
  • Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay t...
  • 6/7/2024 12:00:00 AM

Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area of 68.34 square miles (177.0 km2), of which 61.05 square miles (158.1 km2) is land and 7.29 square miles (18.9 km2) (10.67%) is water. The District is bordered by Montgomery County, Maryland to the northwest; Prince George's County, Maryland to the east; Arlington County, Virginia to the south; and Alexandria, Virginia to the west. The south bank of the Potomac River forms the District's border with Virginia and has two major tributaries: the An...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$73,683 to $103,944

Loan Workout Officer in Anaheim, CA
Administers and restructures problem loans and deposit relationships, including extremely complex situations, with very little managerial supervision, to assure optimal levels of principal, interest and expense recovery.
November 30, 2019
Loan Workout Officer in Canton, OH
Develops and implements strategies to recover principal from borrowers whose non-performing loans have been charged off.
January 31, 2020
Loan Workout Officer in Indianapolis, IN
Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking.
January 06, 2020