Loan Workout Manager jobs in Alabama

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)

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Manager Trainee - Gadsden
  • Tower Loan
  • Gadsden, AL FULL_TIME
  • Manager Development Program

    At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectively provide an essential service for customers and become a leader in consumer finance.

    No previous experience is required - we will help you grow your career.

    If you want to work for a company that cares about your career as much as you do, then apply with Tower Loan.

    About Us:

    Tower Loan, one of America’s largest privately owned Consumer Finance companies, has been lending money to our customers for personal loans, home equity loans, and retail sales financing for over 80 years. To learn more about Tower Lower, visit https://bit.ly/3cIWAkt.

    Compensation: Earnings are based on a 45-hour workweek

    • During Training: $38,285 / year (Avg. Annual Earnings) uncapped bonus
    • After Training: $60k - $80k / year (Avg. Annual Earnings and bonus)

    Benefits & Advantages:

    • Skill development & growth opportunities
    • Complete position-based training program
    • Coaching and mentorship
    • Strong hire-from-within policy
    • Competitive salary & unlimited earning potential
    • Comprehensive benefit package
    • Awards, recognition, & appreciation

    Work Hours:

    • The work day begins at 8:15 am; Monday – Friday
    • Overtime and working Saturdays is required based on operational needs
    • As an MT, you will work an average of 45 hours every week
    • Extended office hours can vary based on the size of the branch

    Job Responsibilities:

    • Become proficient in customer service, sales and marketing, finance, and operations
    • Develop long-term customer relationships by listening to customer needs and recommending the best service via phone and in-person
    • Promote additional products to best serve new and existing customers
    • Contact customers regarding payment reminders and arrangements
    • Assist the Branch Manager to exceed established branch goals
    • Learn and provide support in management responsibility duties such as delegating employee workload and analyzing loan documents
    • Become proficient in all aspects of management such as recruitment, staff development, performance management, and leadership

    Required Qualifications:

    • High School degree or equivalent certification
    • Must have a valid driver’s license and reliable vehicle
    • Willingness to relocate upon promotion into management; your preference of relocation is considered, but not guaranteed. (Branch locations: MS, AL, LA, IL, MO, & TX)
    • Employment is contingent upon the successful completion of a background check, drug screening, and credit check.

    #INDHigh

  • 19 Days Ago

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Manager Trainee - East Mobile
  • Tower Loan
  • Mobile, AL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 1 Day Ago

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Manager Trainee - Bessemer
  • Tower Loan
  • Bessemer, AL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 4 Days Ago

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Manager Trainee - Dothan
  • Tower Loan
  • Dothan, AL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 7 Days Ago

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Manager Trainee - Montgomery
  • Tower Loan
  • Montgomery, AL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 26 Days Ago

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Manager Trainee - Decatur
  • Tower Loan
  • Decatur, AL FULL_TIME
  • Manager Development Program At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectivel...
  • 14 Days Ago

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Senior Director - Data Engineering, Analytics and Governance
  • Clayton
  • About The Team The Clayton Data Engineering, Analytics & Governance (DEA&G) team is responsible for Data movement into o...
  • 3/29/2024 12:00:00 AM

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Account Executive
  • Frank Recruitment Group
  • Denver, CO
  • Account Executive Location: On-site in our Denver office Are you a highly motivated, sales professional that is looking ...
  • 3/29/2024 12:00:00 AM

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Account Executive ** Frank recruitment Group**
  • Frank Recruitment Group
  • Philadelphia, PA
  • Account Executive – Frank Recruitment Group Are you a highly motivated, experienced sales professional that is looking t...
  • 3/29/2024 12:00:00 AM

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Account Executive
  • Frank Recruitment Group
  • New York, NY
  • Account Executive Location: On-site in our NYC office Are you a highly motivated, sales professional that is looking to ...
  • 3/29/2024 12:00:00 AM

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Fitness Studio Manager | Des Peres, MO
  • Staffing Fitness
  • Des Peres, MO
  • Who We Are: Staffing Fitness is a recruitment agency that finds top talent in the health, fitness, wellness, and beauty ...
  • 3/29/2024 12:00:00 AM

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Deputy to the Vice President of Mission Assurance
  • ORAU
  • Oak Ridge, TN
  • Location: Oak Ridge, TN Job Title: Deputy to the Vice President of Mission Assurance (ESH&Q) Career Level: Senior Direct...
  • 3/29/2024 12:00:00 AM

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Account Executive
  • Frank Recruitment Group
  • Dallas, TX
  • Account Executive Location: On-site in our Dallas Office Are you a highly motivated, sales professional that is looking ...
  • 3/29/2024 12:00:00 AM

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Studio Manager
  • Orangetheory Fitness
  • RALEIGH, NC
  • Be fit. Change lives. Have fun. Do you have a zest for life and for fitness? For changing lives and managing a team? For...
  • 3/29/2024 12:00:00 AM

Alabama (/ˌæləˈbæmə/) is a state in the southeastern region of the United States. It is bordered by Tennessee to the north, Georgia to the east, Florida and the Gulf of Mexico to the south, and Mississippi to the west. Alabama is the 30th largest by area and the 24th-most populous of the U.S. states. With a total of 1,500 miles (2,400 km) of inland waterways, Alabama has among the most of any state. Alabama is nicknamed the Yellowhammer State, after the state bird. Alabama is also known as the "Heart of Dixie" and the "Cotton State". The state tree is the longleaf pine, and the state flower is...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$133,018 to $208,486

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