Loan Workout Officer jobs in Vermont
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)
Recently Added Loan Workout Officer jobs
Consumer Loan Officer
- New England Federal Credit Union (NEFCU)
-
Saint George, VT
PART_TIME
- New England Federal Credit Union is looking for a Consumer Loan Officer to join the team! This position can be worked out of either our Williston or Montpelier branches. This role is responsible for analyzing and underwriting consumer loan applications received by the company. This position screens consumer loan applications to determines acceptability of the credit request based on the organizations predetermined lending guidelines and the ability for the borrower to repay the loan. This position takes loans requests over the phone, online, and handles pre-approval requests. Requires management of high-volume calls, management of lending queues and provides back up for indirect lending. Responsible for management of all lending inquiries and channels. Specific duties include: Ensures that each approved application meets the company’s lending standards. The loan officer will underwrite and approve loans within the lending and pre-approval limits given to them in a pre- approved lending authority document and will use underwriting methodology by following the Consumer Lending policy and determining eligibility factors based on credit report and collateral values, employment history, tax forms, member assets, property value and other criteria. Maintain a knowledge of the direct, indirect, and green lending market by obtaining and reviewing competitor program information as needed. Looking for member solutions that serve the best interests of the member and the credit union. Maintain strict confidentiality practices for the protection and care of credit union members. Underwrite direct, indirect, and green loan applications according to policy and regulations. Underwrite small business loans according to policy and regulation. Help advance processors knowledge base and look to resolve/prevent fraud. Monitor assigned pipeline, keeping up on the tasks required between approval and closing to meet all program and service guidelines. Focus on providing excellent member, dealer, and vendor experience. Reach out to previous borrowers to review the mission of NEFCU, offer any new products and services that may be beneficial. Close any lending product and refer deposition offerings to the appropriate channel. Meet stated solution goals as part of NEFCU’s member relationship development culture. Look for cross-sell opportunities to expand relationships. Look to be an advocate for member and subject matter experts for internal and external teams. Provide back up as needed to the Consumer Lending Support staff by obtaining documentation to aid in processing and disbursing Direct, Indirect loans and assisting with Green Loan handling and producing daily and monthly loan reports. Skills and Qualifications: Three years to five years of similar or related experience, including preparatory experience in a financial institution including one to two years consumer lending experience or other comparable combination of education and experience. Familiarity with credit union products and operations in consumer lending. Experience with consumer lending software; processing and underwriting software required. Strong organizational, multi-tasking, data and information management, writing and member service skills. Strong written and verbal professional communication skills. Ability to work cooperatively with others, work efficiently and provide accuracy in a fast-paced environment. E.O.E. Compensation details: 26.07-30.67 Hourly Wage PIa53d84da8873-26276-34479996
- 1 Day Ago
Branch Loan Officer
- Vermont Federal Credit Union
-
Saint Albans, VT
FULL_TIME
- Vermont Federal Credit Union values each individual and their unique abilities and strengths to help form the foundation of Vermont Federals' culture. Our employees are at the core of Vermont Federal ...
- 28 Days Ago
Consumer Loan Officer
- New England Federal Credit Union
-
Williston, VT
FULL_TIME
- New England Federal Credit Union is looking for a Consumer Loan Officer to join the team! This role is responsible for analyzing and underwriting consumer loan applications received by the company. Th...
- 9 Days 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...
- 7 Days Ago
SVP CFO
- Brattleboro Savings & Loan
-
Brattleboro, VT
FULL_TIME
- Brattleboro Savings and LoanJob DescriptionTitle: Vice President, Culture Officer Date: May 2024Reports to: President & CEO Dept: ExecutiveAbout Us:Brattleboro Savings and Loan is a Vermont-chartered ...
- 1 Day Ago
Senior Vice President & CFO
- Brattleboro Savings and Loan - Brattleboro
-
Brattleboro, VT
FULL_TIME
- About Us: Brattleboro Savings and Loan is a Vermont-chartered mutual savings in Brattleboro, VT with approximately $300 million in assets. As a community -focused certified B Corp, we are committed to...
- 24 Days Ago
Loan Workout Officer jobs at Popular Companies
Loan Officer
- CapCenter
-
Richmond, VA
- CapCenter is looking for a Loan Advisor to help pursue our mission: simplifying the homeownership journey with consolida...
- 6/2/2024 12:00:00 AM
Mortgage Loan Officer
- Nexera Holdings
-
Emeryville, CA
- Newfi offers an amazing compensation package along with member service leads, digital mortgage technology, top of the li...
- 6/2/2024 12:00:00 AM
Consumer Direct Loan Officer
- * The EMAC Group LLC
-
Phoenix, AZ
- National Independent Mortgage Lender seeks a Consumer Direct Loan Officer to expand an existing call center. Inside Loan...
- 6/2/2024 12:00:00 AM
Sr. Loan Officer
- New American Funding
-
- Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay t...
- 6/2/2024 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...
- 5/31/2024 12:00:00 AM
Loan Workout Officer/Vice President
- Flushing Savings Bank
-
Uniondale, NY
- General Statement of Duties: The Vice President/Loan Workout Officer is responsible for managing loan workout for the ba...
- 5/31/2024 12:00:00 AM
Commercial Loan Workout Officer (Hybrid Remote) - To 90K - Texas - Job 3248
- The Symicor Group
-
Austin, TX
- Our client is seeking to fill a Hybrid Remote Commercial Loan Workout Officer role located near either Austin, McAllen o...
- 5/31/2024 12:00:00 AM
Sr. Loan Officer
- New American Funding
-
- Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay t...
- 5/30/2024 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 Loan Workout Officer jobs
$64,794 to $91,407
Most Popular Cities in Vermont for Loan Workout Officer Jobs
What does a Loan Workout Officer do?
Loan Workout Officer in Anaheim, CA
Administers and restructures problem loans and deposit relationships, including extremely complex situations, with very little managerial supervision, to assure optimal levels of principal, interest and expense recovery.
November 30, 2019
Loan Workout Officer in Canton, OH
Develops and implements strategies to recover principal from borrowers whose non-performing loans have been charged off.
January 31, 2020
Loan Workout Officer in Indianapolis, IN
Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking.
January 06, 2020