Loan Workout Manager jobs in Minnesota
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)
Recently Added Loan Workout Manager jobs
Consumer Loan Manager
- HomeTown Credit Union, Minnesota
-
Faribault, MN
FULL_TIME
-
CONSUMER LOAN MANAGER
Hours: Monday-Friday 8:30am - 5:00pm | Availability on Saturday's as needed 9:00am - 1:00pm
Location: 1205 Hwy 60 West, Faribault, MN 55021
Who We Are
At HomeTown Credit Union, we make a difference for our staff, members, and the community by living out our Core Values of Integrity, Commitment, Member Advocacy, Education and Community. We encourage employee engagement in their career, self-motivation, and self-improvement to continue to learn and grow with the organization.
For 50 years, HomeTown Credit Union has been leading the charge to offer financial education in our communities and is here to be a trusted partner for financial success. Our staff and volunteers work hard to fulfill this mission every day.
What Will You Do
The Consumer Loan Manager is responsible for driving lending operations across multiple channels. This position oversees indirect and direct lending functions, including underwriting, processing, and funding, coaching, and developing your team, as well as facilitating training for new team members. The duties also include ensuring compliance of all organizational policies and regulatory requirements related to lending to minimize risk to the Credit Union.
What You Have- Bachelor's degree or equivalent professional experience
- 5 years of lending and underwriting experience.
- Minimum of 5 years of progressively responsible experience in banking, lending, or financial services, which must include a minimum of 3 years of supervisory experience.
- Experience building a profitable loan portfolio.
- Proven sales leadership skills: ability to evaluate individual strengths and weaknesses and utilize coaching and counseling skills.
- Proficient with Microsoft Office (Outlook, Word, Excel, etc.)
- Health insurance
- Vision insurance
- Dental insurance
- Life insurance
- Short and long-term disability insurance
- 401(k) matching program
- Tuition Reimbursement
- Professional development assistance
- Paid time off
- Credit Union Discounts
- 4 Days Ago
Consumer Loan Manager
- HomeTown Credit Union
-
Faribault, MN
FULL_TIME
- CONSUMER LOAN MANAGER Hours: Monday-Friday 8:30am - 5:00pm | Availability on Saturday's as needed 9:00am - 1:00pm Location: 1205 Hwy 60 West, Faribault, MN 55021 Who we are: At HomeTown Credit Union, ...
- 27 Days Ago
SRVP / Commercial %26 Ag Loan Market Manager
- Adams, Inc.
-
Willmar, MN
FULL_TIME
- CMMN68375 – SRVP / Commercial & Ag Loan Market Manager – Willmar, MN We are working with a community bank located in West Central Minnesota that is in need of an experienced Ag / Commercial Lender wit...
- Just Posted
Manager, Loan Agency Assignments and Intake Team
- SRS Acquiom
-
Minneapolis, MN
FULL_TIME
- About SRS Acquiom SRS Acquiom is a leading disruptor in the financial services technology space with a long track record of consistent growth, profitability, and innovation. Since the Company was foun...
- 1 Month Ago
Senior Vice President Commercial Loan Manager
- North Star Bank
-
Roseville, MN
FULL_TIME
- North Star Bank is an independent, locally owned community bank with a proud tradition of sound management and integrity. Established in 1947, we have been continuously committed to providing quality,...
- 2 Months Ago
Senior Vice President Commercial Loan Manager
- North Star Bank
-
Roseville, MN
FULL_TIME
- North Star Bank is an independent, locally owned community bank with a proud tradition of sound management and integrity. Established in 1947, we have been continuously committed to providing quality,...
- 2 Months Ago
Loan Workout Manager jobs at Popular Companies
Vice President - Restructuring / Workout
- Arena Investors, LP
-
Jacksonville, FL
- Flexible location but ideally Jacksonville, FL or Purchase, NY* Arena Investors, LP is a global investment management fi...
- 6/12/2024 12:00:00 AM
Vice President - Restructuring / Workout
- Arena Investors, LP
-
Purchase, NY
- Flexible location but ideally Jacksonville, FL or Purchase, NY* Arena Investors, LP is a global investment management fi...
- 6/12/2024 12:00:00 AM
Recruitment Consultant (Sales Focused Role)
- Frank Recruitment Group
-
Dallas, TX
- Recruitment Consultant – Frank Recruitment Group Location: Onsite in Dallas Start Date: June 10th Are you a competitive ...
- 6/12/2024 12:00:00 AM
Attorney
- The Roth Firm
-
Atlanta, GA
- Are you searching for a reliable and rewarding career in personal injury law or worker's compensation? The Roth Firm is ...
- 6/12/2024 12:00:00 AM
Senior Asset Manager
- Specialty Consultants Inc.
-
- SCI, the leading search firm in the real estate industry, is seeking a Senior Asset Manager to join a leading private eq...
- 6/12/2024 12:00:00 AM
Network Field Technician
- Net2Source Inc.
-
Springfield Center, NY
- Job Title: Network Field Technician Location: Springfield, NY - Onsite Type of Hire : Contract Rate - $35-$40/HR on W2(w...
- 6/12/2024 12:00:00 AM
Business Development Lead - Distressed Commercial Real Estate
- Case Equity Partners
-
New York, NY
- We are seeking a technically savvy and hungry BizDev rainmaker looking to make a lasting mark on the industry. “Real est...
- 6/12/2024 12:00:00 AM
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
About Minnesota
Minnesota (/ˌmɪnɪˈsoʊtə/ (listen)) is a state in the Upper Midwest and northern regions of the United States. Minnesota was admitted as the 32nd U.S. state on May 11, 1858, created from the eastern half of the Minnesota Territory. The state has a large number of lakes, and is known by the slogan the "Land of 10,000 Lakes". Its official motto is L'Étoile du Nord (French: Star of the North).
Minnesota is the 12th largest in area and the 22nd most populous of the U.S. states; nearly 60% of its residents live in the Minneapolis–Saint Paul metropolitan area (known as the "Twin Cities"). This area i...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$149,075 to $233,654
Most Popular Cities in Minnesota for Loan Workout Manager Jobs
What does a Loan Workout Manager do?
Loan Workout Manager in Wichita Falls, TX
When a bank believes your business has a substantial chance of defaulting on the loan, it has a duty to its shareholders and its regulating agency to protect its interest in your loan. Signs of possible loan default initiate the procedures for a loan workout.
January 25, 2020
Loan Workout Manager in Fort Lauderdale, FL
Banks make money by giving loans and collecting interest from those loans.
December 08, 2019
Loan Workout Manager in Twin Falls, ID
In order to be considered a candidate for this position, many banks require a Bank and Commercial Loan Workout Manager to have a Bachelors or Master’s degree in a field related to Banking Management such as Finance, Project Management, Accounting, etc.
December 22, 2019