Banking & Commercial Loan Workout Manager jobs in Rhode Island
Banking & Commercial Loan Workout Manager manages a staff of professionals in restructuring problem business banking and commercial loans. Develops strategies to assist lenders and borrowers in establishing collateral, equity, or other assets. Being a Banking & Commercial Loan Workout Manager may require a bachelor's degree. Typically reports to a director. The Banking & Commercial Loan Workout Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Banking & Commercial Loan Workout Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Recently Added Banking & Commercial Loan Workout Manager jobs
Commercial Workout Officer I
- Citizens
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Johnston, RI
FULL_TIME
-
Description
As a part of our team, you’re made ready for a fulfilling career with exciting new challenges and opportunities to stretch yourself! While in this role, you will deliver proactive management of a substandard portfolio of 20 to 40 C&I and/or CRE loans to minimize credit losses to the assigned book., ensure return matches risk and, The Ideal Final Result is to possible return customers to a satisfactory rating where possible. Additionally, you will work alongside a team leader to devise strategies, negotiate, and structure transactions, obtain credit approval and document accordingly. Most importantly, at Citizens we’re more than a bank and here you’ll experience new things create new opportunities, think beyond your role and make an impact!
Primary Responsibilities Include- Analyzes business activities and credit risk of investments on the organization; ensures credit transactions follow credit risk management policies and procedures, limits, and guidelines.
- Implements quantitative analysis methods and related technology-based tools to analyze data to effectively monitor, measure, and manage credit risks.
- Evaluates variables that affect credit risk; works and communicates with colleagues outside of own department concerning credit risk considerations.
- Develops action plans to resolve issues; redesigns processes to better manage, measure, and monitor credit risk.
- Effectively craft strategies designed to minimize loss via negotiation with customers and legal counsel.
- 10 years of Commercial Banking Experience, preferably with experience in a Commercial Real Estate environment
- 10 years of experience in loan documentation and relevant Uniform Code and Bankruptcy considerations
- Adaptability to a high paced and challenging work environment
Qualifications, Education, Certifications and/or Other Professional Credentials- BA or demonstrated field expertise
- Highly developed at persuasively presenting the Bank’s thoughts and position to gain consensus and execute proposed solutions to remedy substandard and non-performing credits
- Excellent math and analytical skills
- Excellent communication skills both oral and written
- Excellent time management skills
- BA or demonstrated field expertise
Equal Employment Opportunity
At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.
Equal Employment and Opportunity Employer
Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.
Why Work for Us
At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth
Posting End Date: 06/06/2024 - 7 Days Ago
Commercial Operations Loan Closer
- Citizens Bank, N.A.
-
Johnston, RI
OTHER
- DescriptionAt Citizens, we work together to make a difference for companies that are building, supplying, and serving industries and consumers across the country. As the Commercial Operations Loan Clo...
- 4 Days Ago
Commercial Operations Loan Closer
- Citizens
-
Johnston, RI
FULL_TIME
- DescriptionAt Citizens, we work together to make a difference for companies that are building, supplying, and serving industries and consumers across the country. As the Commercial Operations Loan Clo...
- 7 Days Ago
Access Reimbursement Manager
- Syneos Health Commercial Solutions
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Providence, RI
FULL_TIME
- Description You are an expert facilitator: you open doors, foster communication, and bridge the gap. In this role, you will operate as the subject-matter expert on reimbursement, access, and coverage ...
- 19 Days Ago
Business Banking Virtual Relationship Manager
- Citizens
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Johnston, RI
FULL_TIME
- DescriptionAt Citizens, tailored advice, personalized experiences, and innovative ideas, products, and solutions, are central to helping clients navigate changing circumstances. In this role, you’ll d...
- Just Posted
Commercial Manager
- RemoteWorker UK
-
Bristol, RI
FULL_TIME
- Job DescriptionThe Commercial function provides advice on and analysis of commercial risks in the business, commercial sales and procurement guidance. The team commercially assess all bids and contrac...
- 10 Days Ago
Banking & Commercial Loan Workout Manager jobs at Popular Companies
About Rhode Island
Rhode Island (/ˌroʊd -/ (listen)), officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United States. It is the smallest state in area, the seventh least populous, the second most densely populated, and it has the longest official name of any state. Rhode Island is bordered by Connecticut to the west, Massachusetts to the north and east, and the Atlantic Ocean to the south via Rhode Island Sound and Block Island Sound. It also shares a small maritime border with New York. Providence is the state capital and most populous city in Rhode Is...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Banking & Commercial Loan Workout Manager jobs
$175,999 to $252,924
Most Popular Cities in Rhode Island for Banking & Commercial Loan Workout Manager Jobs
What does a Banking & Commercial Loan Workout Manager do?
Banking & Commercial Loan Workout Manager in Harrisburg, PA
First of all, be honest (remember, if you get this job, the hiring manager will be calling your former bosses and co-workers!).
February 01, 2020
Banking & Commercial Loan Workout Manager in Abilene, TX
For this reason, it is in a banks best interest to renegotiate loans that are in, or near, default status.
February 13, 2020
Banking & Commercial Loan Workout Manager in Ann Arbor, MI
Explain what are your strengths As Banking Commercial Loan Workout Manager.
January 03, 2020