Commercial Loan Workout Officer jobs in New Hampshire

Commercial Loan Workout Officer restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Being a Commercial Loan Workout Officer works with small to moderate size loans of little complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer typically reports to a supervisor or manager. The Commercial Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Commercial Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Commercial Loan Administrator
  • Franklin Savings Bank
  • Franklin, NH FULL_TIME
  • We will earn our customers' business every day, by being the very best at what we do.

    Franklin Savings Bank

    Functional Position Description

    Commercial Loan Administrator

    Non-Exempt

    Service Criteria:

    All individuals holding positions with Franklin Savings Bank are responsible for conducting themselves in a manner consistent with FSB’s Pledge of Excellence. The Pledge of Excellence describes standards and conduct that will be consistently demonstrated with customers and coworkers. These include Accuracy, Quality Service, Professionalism, Confidentiality, Teamwork, Respect, Timeliness, Innovation, Communications, and Enjoying the Journey. All employees are expected to be familiar with the descriptions of these standards and to understand the importance of consistently demonstrating them while performing their duties.

    General Purpose:

    In accordance with established policies and procedures, the incumbent provides efficient, accurate and professional service to new and existing commercial loan customers, along with providing administrative support to the Commercial Lending, Administration, Servicing, Collections, and Credit Departments. The incumbent performs a variety of commercial lending administrative functions to support the lenders, credit analysts, and credit manager. This position reports directly to the VP/Loan Administration & Operations Officer.

    Duties and Responsibilities:

    1. Process Management:

    Ensure accurate, timely and efficient processing of commercial loans.

    Establish well documented, organized and completed files for each commercial loan.

    Manage the process from the time of loan approval through closing and distribution.

    Work closely with commercial lenders to provide assistance during the underwriting and approval stage.

    Work with colleagues to ensure that during any audit (State, Federal, Third Party) that information, reports, etc. are made available.

    Ensure all customer files and information is kept secure and confidential.

    2. Communications/Coordination:

    Interact directly with outside vendors and attorneys who provide service to the Bank as it pertains to the commercial loan process.

    Work closely with commercial lenders to provide information and support as well as keep colleagues apprised of loan status.

    Work directly with commercial customers to answer questions to ensure proficient processing of their loan.

    3. Construction Loan Administration:

    Responsible for interacting with commercial customers, co-workers, contractors and other involved parties to manage the construction loan disbursement process.

    Communicate effectively with all interested parties to ensure an efficient and effective process.

    Protects the Bank’s and customer’s interest through proactive and careful management of the disbursement process.

    4. Compliance/Quality Control:

    Remain properly trained and educated on all regulatory requirements that must be satisfied as part of the lending process.

    Ensure all files are well organized, contain the required documentation to meet regulatory expectations and are accurate.

    5. Product Knowledge:

    Maintain strong working knowledge of commercial loan products and systems to ensure high quality service.

    Note: These are representative only and are not intended to include all possible assignments to this position.

    SKILLS/EXPERIENCE/TRAINING REQUIRED:

    1. High School diploma or equivalent required.

    2. Two or more years of previous processing or related experience is required.

    3. Must be able to communicate effectively.

    4. A strong working knowledge of personal computers and Microsoft Word and Excel is required.

    5. Valid Driver’s license.

    WORKING CONDITIONS:

    1. Physical effort is involved with respect to dexterity and visual attention as needed for the frequent operation of personal computers and other office equipment.

    2. Normally seated with freedom of movement on a regular basis; handling of light materials and supplies.

    3. Well lighted and ventilated office environment.

    *External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act, must be able to perform the essential functions (as listed) either unaided, or with the assistance of reasonable accommodations, to be determined by management on a case-by-case basis.

    This job description represents an overview of the essential functions of this position. This is not a complete listing of all required duties. Specific duties may vary over time to meet the needs of the bank.

    Franklin Savings Bank reserves the right to change the job duties as business requirements dictate. Employees will be expected to perform other reasonably related duties as may be required by Management.

    Every employee works for Franklin Savings Bank, not just for a particular manager. Accordingly, employees are expected to act in the best interests of the bank, even if doing so requires actions and responsibilities not listed in the above job description.

    Job descriptions are not intended as, and do not create, employment contracts. The bank maintains its status as an at-will employer.

    Job Type: Full-time

    Pay: From $21.63 per hour

    Benefits:

    • 401(k)
    • Dental insurance
    • Employee assistance program
    • Flexible spending account
    • Health insurance
    • Health savings account
    • Life insurance
    • Paid time off
    • Professional development assistance
    • Referral program
    • Retirement plan
    • Tuition reimbursement
    • Vision insurance

    Schedule:

    • 8 hour shift
    • Monday to Friday

    Supplemental pay types:

    • Bonus pay

    COVID-19 considerations:
    FSB practices all safety protocols for our staff and customers as they relate to COVID-19

    Work Location: One location

  • 25 Days Ago

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Mortgage Loan Officer
  • Northpoint Mortgage
  • Bedford, NH FULL_TIME
  • Northpoint Mortgage is a New England-based mortgage lender with offices in 6 states. We offer a flexible sales environment and dedication to our sales staff that puts you in the driver’s seat. With lo...
  • 6 Days Ago

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Loan Servicing Specialist Primary Bank, COMMERCIAL REAL ESTATE Experience Required
  • Primary Bank
  • Bedford, NH FULL_TIME
  • Please read this posting carefully. The position requires experience in the back-end servicing of Commercial loans - Those that are already on the books. Retail banking or mortgage skills are not tran...
  • 2 Days Ago

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Commercial Tire Service Technician
  • Goodyear Commercial Tire & Service Centers
  • Nashua, NH FULL_TIME
  • Goodyear. More Driven. We are a service and retreading market leader with over 200 Commercial Tire Centers and Truck Care Centers located across the United States. We have the unique ability to servic...
  • 1 Month Ago

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Credit Analyst
  • New Hampshire Community Loan Fund
  • Concord, NH FULL_TIME
  • Credit Analyst –$75,000 Comprehensive Benefits– Concord, NH / HybridThe RoleAre you adept at analysing financial data to make informed decisions? Do you thrive in a dynamic environment where attention...
  • 4 Days Ago

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Loan Technician
  • US Agriculture, Rural Development
  • Conway, NH FULL_TIME
  • Duties Reviews and analyzes various loan/grant-making and related documents, forms and materials submitted for eligibility determinations, adequacy, completeness, accuracy of information, and conformi...
  • 9 Days Ago

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Commercial Loan Officer
  • Strivector
  • Phoenix, AZ
  • THE JOB As a Commercial Loan Officer , your roles and responsibilities will include: Generate new C&I, CRE and business ...
  • 3/29/2024 12:00:00 AM

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Commercial Loan Officer
  • RIO BANK
  • Harlingen, TX
  • Job Description Job Description Overview Rio Bank is a South Texas owned and managed bank with a strong focus on persona...
  • 3/29/2024 12:00:00 AM

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Commercial Loan Officer
  • First National Bank
  • Minneapolis, MN
  • Who we are We are a family-owned bank committed to providing exceptional service and innovative banking solutions while ...
  • 3/29/2024 12:00:00 AM

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Commercial Loan Officer
  • Cornerstone Lending Group Inc.
  • Irvine, CA
  • We are currently seeking a Commercial Loan Officer to join our team at Cornerstone Lending Group, a mortgage brokerage s...
  • 3/28/2024 12:00:00 AM

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Commercial Loan Officer
  • Guilford Savings Bank
  • Old Saybrook, CT
  • Job Description Job Description POSITION DESCRIPTION: Responsible for developing and maintaining strong and profitable r...
  • 3/28/2024 12:00:00 AM

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Commercial Loan Officer
  • Wayne Bank
  • Geneva, NY
  • Job Description Job Description Duties: Manages a commercial loan portfolio in the designated service area, provides dir...
  • 3/28/2024 12:00:00 AM

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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...
  • 3/27/2024 12:00:00 AM

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Commercial Loan Officer
  • JCW
  • Bethlehem, PA
  • JCW is partnering with a well established community bank based in New Jersey. They are seeking an experienced Commercial...
  • 3/27/2024 12:00:00 AM

New Hampshire is part of the six-state New England region. It is bounded by Quebec, Canada, to the north and northwest; Maine and the Atlantic Ocean to the east; Massachusetts to the south; and Vermont to the west. New Hampshire's major regions are the Great North Woods, the White Mountains, the Lakes Region, the Seacoast, the Merrimack Valley, the Monadnock Region, and the Dartmouth-Lake Sunapee area. New Hampshire has the shortest ocean coastline of any U.S. coastal state, with a length of 18 miles (29 km), sometimes measured as only 13 miles (21 km). New Hampshire was home to the rock forma...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Workout Officer jobs
$65,880 to $85,475

Commercial Loan Workout Officer in New Suffolk, NY
Acts as servicing officer for a portfolio of problem commercial loans and deposit relationships.  Primary focus will be on Healthcare and additional sponsor backed transactions.
January 27, 2020
Commercial Loan Workout Officer in Flagstaff, AZ
Acts as servicing officer for a portfolio of problem commercial loans and deposit relationships.
December 08, 2019
Commercial Loan Workout Officer in Medford, OR
Commercial Mortgage OriginatorTrinity Street Capital Partners provides investment banking services for commercial real estate transactions.
December 27, 2019