Banking & Commercial Loan Workout Manager jobs in Vermont
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 Banking Officer 3
- Community Bank, N.A.
-
Williston, VT
FULL_TIME
-
Overview
At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration.
Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.
To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.
Responsibilities
A Commercial Banking Officer will perform a variety of duties to meet the commercial service needs of business customers and will include some lending authority. This position requires an employee able to develop new business relationships with prospective customers and maintain continuous business relationships with present customers. A valid drivers license is required.- Solicit new business from present and prospective customers
- Maintain ongoing business relationships with present customers in order to take advantage of additional cross-selling opportunities
- Provide sales information on a timely basis in order that this information may be included as part of customer service and sales performance reports
- Monitor individual sales performance versus objectives on a regular basis and discuss performance with appropriate supervisor on a frequent basis
- Serve as a member of the Bank's sales team (e.g., Branch Manager) and make group sales calls where these types of calls will improve the opportunity for new business development
- Maintain a thorough knowledge of the features and benefits of all bank commercial products and services in order to ascertain customer needs and to sell in conjunction with these needs
- Provide direct service to commercial customers of the bank with respect to deposit, loan, and other miscellaneous products and services
- Approve or reject loan applications within individual lending authority
- Assist customers in obtaining specialized services from other bank departments as necessary and provide help to customers with specific inquiries or service problems
- Maintain a working knowledge of bank operating policies and procedures which impact commercial services
- Prepare and maintain accurate records of all customer service calls and meetings made with present and prospective customers
- Provide quality service to internal and external customers
- Demonstrate cooperative efforts in working with other departments and within own department
- Jointly establish annual quantitative customer service and sales objectives with assigned supervisor; this activity to be integrated with the Commercial Lending Department's annual operating plan
- Comply with established operating policies and procedures in order to maintain adequate controls and to support the Bank's adherence to outside regulatory requirements
- Communicate with management and staff personnel in order to integrate goals and activities
- Respond to inquiries relating to his/her particular area, or to requests from other bank personnel, customers, etc., within given time frames and within established policy
- Maintain appropriate records and provide assigned reports.
- Monitor and review accounts for appropriate risk rating to avoid risk rating changes by loan review, the Office of Comptroller of Currency (OCC) and other loan review processes.
- Provide guidance, on-the-job training and technical assistance to Commercial Loan Officers 1(s) and 2(s)
- Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all job-specific training requirements in a timely fashion.
- Perform other related duties as assigned or directed
- Ideal candidate should have a minimum five (5) years experience in related positions.
- B.S. or B.A. Degree in a related field preferred
- Specialized banking education and training
- A valid drivers license is required.
- Proficient reading, writing, grammar and mathematic skills
- Proficient interpersonal relationship, communication and sales skills
- Thorough knowledge of the features and benefits of all bank commercial products and services
- Working knowledge of bank operating policies and procedures which impact commercial services
Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!
Physical Requirements
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. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.
Community Bank System, Inc. is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.
Community Bank System, Inc. will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department: employment@cbna.com
Minimum
USD $92,000.00/Yr.
Maximum
USD $160,592.00/Yr. - 5 Days Ago
Commercial Banking Officer 3
- Community Bank System, Inc.
-
Williston, VT
FULL_TIME
- OverviewAt Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Ban...
- 17 Days Ago
Operations Manager
- EcoClean Earth: Residential and Commercial...
-
Waterbury, VT
FULL_TIME
- Clean if needed. Manage schedule, employees, and new/current customers. Flexible work hours, rapid advancement based on performance.Job Type: Full-timePay: $24.00 - $28.00 per hourExpected hours: 20 –...
- 10 Days Ago
Commercial Loan Credit Analyst I
- Union Bank of VT/ NH
-
Morrisville, VT
FULL_TIME
- DescriptionAbout usAs one of the oldest, independent community banks in Vermont, Union Bank has a longstanding reputation for investing in the success of our customers and communities. Founded in 1891...
- 1 Month Ago
Commercial Loan Officer- Location TBD
- COMMUNITY NATIONAL BANK
-
Derby, VT
FULL_TIME
- Commercial Loan Officer- Within Community National Bank's service area. Community National Bank seeks an experienced Commercial Loan Officer. Successful candidate will focus on growing a commercial po...
- 16 Days Ago
Business Banking Virtual Relationship Manager
- KeyBank
-
Burlington, VT
FULL_TIME
- Location:For Those Who Work At Home - Various, Vermont 05001***The incumbent should live in or near Burlington, Vermont to be considered for this role***Job SummaryActively manages a portfolio of clie...
- 24 Days Ago
Banking & Commercial Loan Workout Manager jobs at Popular Companies
Commercial Manager
- Skanska USA
-
Bothell, WA
- Job Overview: Skanska is searching for a dynamic Commercial Manager. This is a great opportunity to start a career with ...
- 6/11/2024 12:00:00 AM
Commercialization Manager
- ForceBrands
-
Chicago, IL
- **This is NOT a job at Forcebrands** Responsibilities: Collaborate with manufacturers to ensure the efficient production...
- 6/10/2024 12:00:00 AM
Commercial Manager
- Bayou Companies
-
New Iberia, LA
- Position Overview: The Bayou Companies seeks a dynamic and experienced Commercial Manager to join our team. As the Comme...
- 6/10/2024 12:00:00 AM
Commercialization Manager
- Tatum by Randstad
-
Harrisburg, PA
- Commercialization Manager - $90,000 to $120,000 Excellent Harrisburg-based client that we have worked with for a number ...
- 6/8/2024 12:00:00 AM
Commercialization Manager
- Hiring Now!
-
Los Angeles, CA
- Aspire Bakeries is a North American baking company with a leadership position in specialty frozen baked goods. Formed fr...
- 6/8/2024 12:00:00 AM
Commercial Manager
- Clinton Electric Co.
-
- Full Job Description Clinton Electric Co. is a leading electrical company in the Greater Baltimore Area. For over 50 yea...
- 6/8/2024 12:00:00 AM
Commercialization Manager
- Key Corporate Services LLC
-
Carrollton, TX
- Join our team where we foster a collaborative and dynamic work environment dedicated to our mission of becoming the prem...
- 6/7/2024 12:00:00 AM
Commercial Manager
- LHH
-
- LHH is partnering with a construction company to find their next Commercial Manager. The Commercial Manager will oversee...
- 6/7/2024 12:00:00 AM
About Vermont
Vermont is located in the New England region of the Northeastern United States and comprises 9,614 square miles (24,900 km2), making it the 45th-largest state. It is the only state that does not have any buildings taller than 124 feet (38 m). Land comprises 9,250 square miles (24,000 km2) and water comprises 365 square miles (950 km2), making it the 43rd-largest in land area and the 47th in water area. In total area, it is larger than El Salvador and smaller than Haiti. It is the only landlocked state in New England, and it is also the easternmost and the smallest in area of all landlocked sta...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Banking & Commercial Loan Workout Manager jobs
$165,378 to $237,661
Most Popular Cities in Vermont 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