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)
POSITION: Loan Officer
REPORTS TO: Vice President, Business Development
FLSA STATUS: Full time, Administrative Exempt
COMPENSATION: The position offers a competitive salary based on experience, and a benefits package that includes health insurance, flexible spending plan, life insurance, and an employer sponsored 403(b) plan.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
NON – ESSENTIAL DUTIES AND RESPONSIBILITIES:
SUPERVISOR RESPONSIBILITIES: None.
QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE:
Minimum of a Bachelor’s degree in related field, or three to five years of related experience.
LANGUAGE SKILLS: Excellent written, oral and interpersonal communication skills. Ability to express ideas clearly and concisely. Communicates optimistically, positively, and with honesty and openness. Maintains confidentiality of all Agency information.
MATHEMATICAL SKILLS: Ability to manage work schedule, complete work by deadlines, uses program resources wisely, and is able to keep records organized. Ability to calculate figures and amounts.
REASONING ABILITY: Ability to effectively prioritize and execute tasks in a high-pressure environment. Highly self-motivated, self-directed, and attentive to detail. Displays effective problem-solving skills, identifies and implements innovative practices and the ability to work with diverse groups of people.
OTHER SKILLS AND ABILITIES: Strong leadership skills. Strong interpersonal skills, including ability to interact effectively and professionally with staff, prospective and present residents, contractors, architects, bankers and other potential funders, community representatives and government agencies. Experience working in a team-oriented, collaborative environment. Strong negotiation skills. Proficient in Microsoft programs such as Outlook, Word, Excel, PowerPoint and Adobe Acrobat Professional.
CERTIFICATES, LICENSES, REGISTRATIONS: Valid driver’s license with current vehicle insurance.
PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
Ability to work with diverse groups of people
Equal Opportunity Employer Statement:
Impact Seven, Inc. is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Job Type: Full-time
Pay: $80,000.00 - $100,000.00 per year
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Work Location: Remote