Loan Workout Manager jobs in Arizona
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)
Recently Added Loan Workout Manager jobs
Senior Loan Workout specialist
- B10 Wells Fargo Bank, N. A.
-
Black Canyon, AZ
FULL_TIME
- About this role: Wells Fargo is seeking a... In this role, you will: Lead large portfolio of complex problem loans in initiatives and deliverables within the Loan Workout functional area Contribute to large scale planning related to strategy, technology and efficiencies deliverables Ensure loans are structured and priced consistently with Bank policy and commensurate with risk Review and research complex problem loan challenges that require an in-depth evaluation of multiple factors Strategize and implement account development on complex problem loans Negotiate creative structures to meet needs of customers and bank while minimizing risk exposure Resolve complex issues and lead Loan Workout team to meet functional area projects, processes and deliverables Leverage solid understanding of the functions, policies, procedures and compliance requirements Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals Work with in house and outside Counsel during litigation Lead team projects and mentor less experienced staff Required Qualifications: 4 years of Loan Workout, Commercial Lending experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Strong attention to detail, including accuracy in grammar and a sharp focus on eliminating errors. Ability to work effectively, as well as independently, in a team environment Ability to interpret and comprehend complex legal documents Excellent verbal, written, and interpersonal communication skills Strong analytical and quantitative skills Ability to manage multiple and competing deliverables. Customer relationship management experience Intermediate Microsoft Office experience Advanced knowledge of small business loan documentation Job Expectations: This position is not eligible for Visa Sponsorship. This position offers a hybrid work schedule. Hybrid Work schedule A/B or 3/2 schedule Work schedule - Monday - Friday - 8 am to 5 pm with flexibility Posting End Date: 16 Apr 2024 *Job posting may come down early due to volume of applicants. We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. Applicants with Disabilities To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.
- 5 Days Ago
Senior Loan Workout specialist
- Wells Fargo
-
PHOENIX, AZ
FULL_TIME
- About this role:Wells Fargo is seeking a...In this role, you will:Lead large portfolio of complex problem loans in initiatives and deliverables within the Loan Workout functional areaContribute to lar...
- 6 Days Ago
Household Manager
- Hiring Manager
-
Phoenix, AZ
FULL_TIME
- We are seeking a dedicated and organized individual to join our household as a Household Manager. The ideal candidate will take charge of various tasks related to the care of our little one, manage ho...
- 17 Days Ago
Workout - Specialist (Strength - Combat - stretching)
- Fit N Delicious 2Go | JW Wellness LLC
-
Tucson, AZ
FULL_TIME
- If working out is your thing, we are looking for a few people that love to workout and pay them to workout and test them in different areas. NO Experience needed, but must be in good shape and be will...
- 23 Days Ago
Dental Hygienist - PT/FT RDH
- Hiring Manager
-
Phoenix, AZ
PART_TIME
- Benefits: Bonus based on performance Company parties Competitive salary Dental insurance Employee discounts Free food & snacks Health insurance Opportunity for advancement Paid time off Training & dev...
- 11 Days Ago
Dental Patient Advocate
- Hiring Manager
-
Phoenix, AZ
FULL_TIME
- Benefits: Bonus based on performance Company parties Competitive salary Dental insurance Employee discounts Free food & snacks Health insurance Opportunity for advancement Paid time off Training & dev...
- 17 Days Ago
Loan Workout Manager jobs at Popular Companies
Control Room Operator
- Aethon Energy
-
Dallas, TX
- Aethon Energy Operating LLC's ("Aethon") Control Room Operator is responsible for monitoring and controlling various pip...
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- White Oak Commercial Finance
-
New York, NY
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Professional Service Coordinator - RethinkEd
- RethinkFirst
-
Houston, TX
- Founded in 2007, Rethink Ed, a division of Rethink First, is an educational technology company headquartered in New York...
- 4/19/2024 12:00:00 AM
Health Fitness Specialist
- Exos
-
Camden, NJ
- The Role: As a Health Fitness Specialist you will: Work with our clients in a corporate fitness center setting Be respon...
- 4/19/2024 12:00:00 AM
Security Officer
- City Center Security
-
Fort Worth, TX
- Job description About: City Center Security is an exclusive security organization which provides asset protection to pri...
- 4/19/2024 12:00:00 AM
Administrative Assistant
- Max Borges Agency
-
Miami, FL
- We are currently seeking an individual with excellent administrative/organizational skills who can thrive in a fast-pace...
- 4/19/2024 12:00:00 AM
Health Fitness Specialist
- Exos
-
Redwood City, CA
- Job Summary: Responsibilities: We're seeking a Health Fitness Specialist to join our team! As our new Health Fitness Spe...
- 4/19/2024 12:00:00 AM
Technical Solutions Architect
- Nextracker Inc.
-
Fremont, CA
- Solutions Architect, Supply Chain The San Francisco Chronicle has recognized Nextracker (Nasdaq: NXT) as one of the Top ...
- 4/19/2024 12:00:00 AM
About Arizona
Arizona (/ˌærɪˈzoʊnə/ (listen); Navajo: Hoozdo Hahoodzo Navajo pronunciation: [xòːztò xɑ̀xòːtsò]; O'odham: Alĭ ṣonak Uto-Aztecan pronunciation: [ˡaɺi ˡʂonak]) is a state in the southwestern region of the United States. It is also part of the Western and the Mountain states. It is the sixth largest and the 14th most populous of the 50 states. Its capital and largest city is Phoenix. Arizona shares the Four Corners region with Utah, Colorado, and New Mexico; its other neighboring states are Nevada and California to the west and the Mexican states of Sonora and Baja California to the south and so...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$141,322 to $221,500
Most Popular Cities in Arizona for Loan Workout Manager Jobs
What does a Loan Workout Manager do?
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