Commercial Loan Workout Officer jobs in Saint Charles, MO

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)

G
Commercial/Agricultural Loan Officer
  • Great Rivers Bank
  • Hannibal, MO FULL_TIME
  • Position Summary: Responsible for soliciting and servicing a variety of commercial/agricultural loans (will occasionally assist with consumer and real estate loans). The lender will maintain and build a loan portfolio. Responsible for all facets of the of loan customers; including application completion, financial information, exception management, and loan documentation. Makes decision on loans and terms within established lending limits or makes recommendation to higher authority.

    Job Duties

    · Initiate contact with potential commercial accounts and solicit their relationship

    · Interview applicants to develop information concerning their business, needs, desires, abilities and earnings to determine whether a loan may be an acceptable risk

    · Inquire on existing commercial accounts, maintains relationships, cross-sells other bank products and services and solicits referrals for new commercial relationships

    · Develop new business and increase or retain existing business

    · Manages the entire banking relationship for a portfolio of commercial accounts

    · Assists credit analysts with financial statement analysis (balance sheet and profit and loss) and income tax returns on loans. Includes key performance ratio analysis.

    · Works in conjunction with credit analysts to complete credit memorandums (LARs and Narratives) on new and existing relationships

    o In-depth historical financial analysis

    o In-depth projection financial analysis, including “what if/stress test” scenarios that test the reasonableness of the projections

    o In-depth analysis of the secondary sources of repayment, such as collateral

    o Balance sheet trends and issues

    o In-depth analysis of guarantor’s financial position

    o Develop cash flow analysis

    · Maintains the integrity and quality of the loan portfolio according to the loan policy

    · Coordinates with Loan Review and Chief Credit Officer to establish risk ratings for borrowers including recommendation for a downgrade outside of the review cycle

    · Ensure that information gathering, decision making, and loan monitoring are in compliance with all regulations

    · Assist in collection process of delinquent and problem loans

    · Maintains a presence and promotes the bank within the community

    · Review credit reports

    · Assist in SBA, FSA and other special loan programs. Including application preparation, monitoring and liquidation

    · Contribute to the fulfillment of department, market and company objectives and goals

    · Comply with all department and company policies, procedures and regulations

    · Other duties as assigned

    Key Competencies/Skills

    · Strong communication skills – verbal, written and interpersonal skills

    · Good listening skills

    · Accuracy and attention to detail

    · Excellent computer skills – highly proficient in Excel and Word

    · Extensive knowledge of financial statement analysis, income tax returns and regulations

    · Loan compliance knowledge

    · Loan policy knowledge

    Education/Experience

    · Bachelor’s Degree in a business related field preferred

    · High School diploma or GED required

    · 3-5 years of banking or financial related field

    Job Type: Full-time

    Pay: From $70,000.00 per year

    Benefits:

    • 401(k)
    • 401(k) matching
    • Dental insurance
    • Health insurance
    • Life insurance
    • Paid time off
    • Vision insurance

    Schedule:

    • Monday to Friday

    Work setting:

    • In-person
    • Office

    People with a criminal record are encouraged to apply

    Ability to Relocate:

    • Hannibal, MO: Relocate before starting work (Required)

    Work Location: In person

  • 13 Days Ago

R
Commercial Loan Officer
  • Royal Banks of Missouri
  • Saint Charles, MO FULL_TIME
  • ROYAL BANKS OF MISSOURI Job Description Job Title: Commercial Loan Officer Reports To: Senior Vice President, St. Charles & NEMO Market Manager FLSA Status: Exempt SUMMARY Originate, underwrite and cl...
  • 1 Month Ago

C
Loan Generalist II - Onsite
  • Cass Commercial Bank
  • Saint Louis, MO FULL_TIME
  • The Loan Generalist II performs a wide variety of tasks related to the commercial loan services function. These include payment processing, loan documentation preparation for new and renewing demand a...
  • 12 Days Ago

F
Loan Officer
  • Frontier Mortgage
  • Chesterfield, MO FULL_TIME
  • Get your career off to a fast start in the financial industry with a fast-growing mortgage company that utilizes cutting-edge technology and provide an environment to learn and grow. We are always loo...
  • 21 Days Ago

F
Loan Officer
  • Farm Credit Southeast Missouri
  • Portageville, MO FULL_TIME
  • Location: Portageville, MO Posting Date: April 27, 2022 Job Type: Full Time Farm Credit Southeast Missouri is seeking a Loan Officer at the Portageville Branch Office. Job Description Responsibilities...
  • 24 Days Ago

F
Loan Officer
  • FCS Financial
  • Columbia, MO FULL_TIME
  • Loan Officer Apply Now Description/Job Summary At FCS Financial, part of the nationwide Farm Credit System, we are looking for a full-time Loan Officer to join our Team in our Columbia Branch! FCS Fin...
  • Just Posted

Filters

Clear All

  • Filter Jobs by companies
  • More

0 Commercial Loan Workout Officer jobs found in Saint Charles, MO area

A
Vehicle Acquisition Specialist
  • AutoNation USA St. Louis
  • Saint Peters, MO
  • Overview: Position Overview The Well Buy Your Car (WBYC) In-Store Associate will be focused and specifically trained to ...
  • 3/29/2024 12:00:00 AM

A
Real Estate Acquisitions Associate Multifamily (Semi-Remote)
  • Advice Personnel
  • Saint Louis, MO
  • Real Estate Acquisitions Associate Multifamily (Semi-Remote) A prominent national real estate investment and management ...
  • 3/29/2024 12:00:00 AM

A
Real Estate Acquisitions Associate Multifamily (Semi-Remote)
  • Advice Personnel
  • Saint Louis, MO
  • Real Estate Acquisitions Associate Multifamily (Semi-Remote) A prominent national real estate investment and management ...
  • 3/29/2024 12:00:00 AM

B
International Regulatory Affairs Specialist
  • Biomerieux S.A.
  • Hazelwood, MO
  • Description What will be your activities at bioMrieux? The Regulatory Affairs Market team is looking for a Regulatory Af...
  • 3/28/2024 12:00:00 AM

A
Regional Financial Coordinator
  • Arcadia Care
  • Saint Louis, MO
  • Arcadia Care - SUMMARY: The primary purpose of the Regional Business Office Manager is to oversee the quality of residen...
  • 3/28/2024 12:00:00 AM

U
Senior Ag Relationship Manager
  • US Bank
  • Chesterfield, MO
  • At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarte...
  • 3/26/2024 12:00:00 AM

A
Financial Analyst
  • Ascendion
  • Maryland Heights, MO
  • Job Description Job Description About Ascendion Ascendion is a full-service digital engineering solutions company. We ma...
  • 3/26/2024 12:00:00 AM

C
Vice President of Loans
  • Careerbuilder
  • Waterloo, IL
  • Dieterich Bank is currently looking for a Vice President of Lending/Commercial Lender to join our team in the Waterloo /...
  • 3/25/2024 12:00:00 AM

Saint Charles is a city in, and the county seat of, St. Charles County, Missouri, United States. The population was 65,794 at the 2010 census, making St. Charles the ninth-largest city in Missouri. Situated on the Missouri River, it is a northwestern suburb of St. Louis. Founded circa 1769 as Les Petites Côtes, or "The Little Hills" in French, by Louis Blanchette, a French-Canadian fur trader, when the area was nominally ruled by Spain following the Seven Years' War, St. Charles is the third-oldest city in Missouri. For a time, it played a significant role in the United States' westward expan...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Workout Officer jobs
$63,674 to $82,612
Saint Charles, Missouri area prices
were up 0.7% from a year ago

Commercial Loan Workout Officer in Lorain, OH
Acts as the primary servicing officer for a problem loan and deposit portfolio.  Meets with problem loan customers on a regular basis, monitors financial performance, establishes action plans to correct problem issues, monitors collateral value and condition and provides continuous diligence to mitigate loss exposure to the bank.
January 23, 2020
Commercial Loan Workout Officer in Colorado Springs, CO
Director - Commercial Loan Workout Officer - Special Assets Group.
January 13, 2020
Commercial Loan Workout Officer in Laramie, WY
Interacts with other workout officers, lending officials, and borrowers to better secure collateral, equity, or other assets of the borrower.
January 31, 2020