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)
PRIMARY FUNCTION: Serving members via telephone, mail, walk-in and at special events. The Loan Officer provides account and loan services including opening new accounts, processing, approving and disbursing loan applications, doing credit report and tax form analysis, and recommending all credit union products and services to members that need them. Other duties may include: title documentation, filing, assisting the Collector with delinquent accounts, insurance tracking, and other duties as assigned.
REQUIRED SKILLS: Pleasant, friendly demeanor including the ability to greet members and make them feel comfortable. A Loan Officer must be able to demonstrate superior sales techniques and telephone expertise plus strong organization and decision-making skills. This position requires the ability to understand and retain complex information about the credit union's products and services and the competence to recommend them properly in the process of building member relationships. Must be PC-proficient in a Windows environment including keyboard competence.
STARTING SALARY: Based on experience
BENEFITS: Medical, Dental, Vision, Life/Disability/AD&D, EAP, Aflac, 401k with Matching, Paid Vacation/Sick/Float Holiday, Paid Volunteer Hours.
STARTING DATE: TBD
WORK LOCATION: East Bend Branch
PROPOSED SCHEDULE: The work schedule is typically 8:15 a.m. to 5:15 p.m., Monday through Thursday and 9:00 a.m. to 6:00 p.m. Friday.