Loan Workout Manager jobs in Chico, CA

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)

G
Loan Accounting Specialist
  • Golden State Farm Credit
  • Chico, CA FULL_TIME
  • Do you notice right away when someone has a new coffee cup?

    Can you quickly spot an extra number in a transaction or the decimal in the wrong spot?

    Do you find it rewarding to build relationships with customers as you provide prompt and efficient customer service?

    If you are experienced accounting professional that is savvy with numbers with a critical eye and strong attention to detail, then you may be the perfect candidate for Golden State Farm Credit’s Loan Accounting Specialist position. We are looking for a self-motivated individual to join our Loan Accounting team who will work independently and as part of the finance team. The ability to prioritize tasks based on importance and urgency, ensuring accuracy while meeting time sensitive deadlines is essential in this position.

    Intrigued? Want to know more?

    Apply at https://goldenstatefarmcredit.com/careers/ or review the full job description below.

    DEADLINE TO APPLY: Monday, Monday February 26th, 2024 @ 5:00pm

    Salary Range

    Specialist - $44,588 - $65,612
    Senior Level - $54,522 - $81,553
    Full Time
    Non Exempt

    __________________________________________________________________________________

    Position Summary

    The Loan Accounting Specialist processes and reconciles loan accounting transactions including booking and retirement of loans while also providing assistance to internal and external customers. Various duties listed under Accounting Specialist duties. The years of experience, requisite knowledge and skills of the incumbent, and complexity of assignments will differentiate between the levels.

    Essential Functions


    Loan Accounting (30%)

    • Books short and long term loans and participations into internal loan software
    • Verifies information in internal loan software against legal documents prior to booking
    • Enters interest rate changes or other loan modifications
    • Processes and reconciles participation settlements
    • Processes customer payments
    • Prepares, reviews, and verifies all disbursement requests
    • Ensures all borrower draft transactions are approved timely before processing in teller system
    • Enters, verifies, and approves wire and ACH in online banking
    • Enters and verifies borrower wire and ACH agreements
    • Prepares bank deposit using check21 scanner
    • Reviews and balances the daily disbursement and payment transactions and addresses any necessary corrections
    • Reconciles general ledger accounts for offsetting loan transactions
    • Verifies customer requests and setup/maintenance of online banking customers

    Customer Service (25%)


    • Answers the phones and assists walk in customers by assessing and interpreting customer needs
    • Responds to customer requests and/or identifies staff member who should respond to customer requests
    • Accepts, identifies, and processes loan payments and provides receipts to customers
    • Provides various other services which may include loan and funds held advances, payoff documentation, and ordering drafts
    • Provides customer service to internal customers by:
      • Responding to questions regarding loan accounting processes and procedures
      • Providing information on the status of loan accounts

    Account Reconciliation (25%)


    • Reconciles cash and clearing accounts by verifying balances and identifying and resolving discrepancies
    • Identifies and corrects any discrepancies of loan to ledger balances

    Administrative Duties (15%)

    • Reviews, scans, and indexes documents into electronic document storage system
    • Prepares demand letters
    • Notarizes documents as needed
    • Paid Out Loans
      • Processes re-conveyances as needed
      • Compiles letters and returns cancelled documents to borrower
    • Settles transactions and balances records for leases and participated plans

    Lease Accounting (5%)


    • Enters information on payments, and disposals into lease system as needed
    • Posts lease activity, investigates, and clears any rejected transactions

    Data Security and Confidentiality


    • Appropriately protects the confidentiality, security, and integrity of the Association’s systems and data and clients’ data

    Commitment and Support of Association Mission

    • Understands, applies, and supports the Association mission and vision statement in a positive, professional manner at work and with customers in all settings

    Knowledge & Skills

    • Knowledge of accounting principles, practices, methods, and regulatory requirements.
    • Knowledge of accounts payable and loan/lease accounting processes and financial statements.
    • Skill in identifying and organizing resources in a systematic way to prioritize fluctuating workloads, optimize efficiency, and ensure achievement of Association goals.
    • Strong attention to detail and skill in identifying opportunities for process improvements
    • General knowledge of agriculture commodities and agricultural lending.
    • Knowledge of Microsoft Office Suite (with expertise in excel), computers, current software, and other office tools.
    • Skill in serving and working effectively with both external and internal customers in a professional, respectful manner.
    • Skill in analyzing information and problem solving to formulate logical and objective conclusions.
    • Skill in posting, editing, tracking, organizing, and reviewing data/documents with precision and accuracy.
    • Must be able to converse and communicate with customers using the English language.

    Qualifications

    Specialist
    Education: Associate's Degree in Accounting or Bachelor's Degree in Accounting (Preferred)
    Experience: 3-5 years of experience in accounting or bookkeeping

    Sr. Specialist
    Education: Associate's Degree in Accounting or Bachelor's Degree in Accounting (Preferred)
    Experience: 5 years of experience in accounting or bookkeeping
    • or an equivalent combination of education and experience sufficient to perform the essential functions of the job

    Physical Demands

    Positions in this class typically require: keying, talking, hearing, seeing, and repetitive motions. Sedentary Work: Exerting up to 10 pounds of force occasionally to lift, carry, push, pull or move objects. Must be able to remain in a stationary position most of the time. The employee must be able to prepare and analyze data and figures; transcribe data; understand information communicated via computer screens and in written text.

    Working Conditions

    Employees work in an office environment with moderate noise levels, controlled temperature conditions, and no direct exposure to hazardous physical substances. Employees may interact with upset staff and/or public and private representatives in interpreting and enforcing departmental policies and procedures.


    The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time as needed. Golden State Farm Credit is an Equal Opportunity Employer and provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to: race (including traits historically associated with race, such as hair texture and protective hairstyles), relation (all aspects of religious belief, observances and practices including religious dress and grooming practices), color, national origin, ancestry, identity, gender expression, actual orperceived sexual orientation, marital status, military and veteran status, civil air patrol status, age, physical or mental disability, genetic information or medical condition, except where physical fitness is a valid occupational qualification or any other consideration made unlawful by federal, status or local laws. Applicable law also prohibits unlawful discrimination based on the perception that anyone has any of the foregoing characteristics. “National origin” also includes discrimination against an individual because of their primary language or because that person holds or presents the California driver’s license issued to those who cannot document their lawful presence in the United States, as well as discrimination based upon any of the following: an indivudual’s or the indivudual’s ancestors’ acutal or perceived physical, cultural, or linguistic characteristics associated with a national origin group; marriage to or association with individual’s of a national origin group; tribal affiliation; membership in or association with an organization identified with or seeking to promote the interests of a national origina group; attendance or participation in schools, churches, temples, mosques or other eligious institutions generally used by persons of a national origin group; or a name that is associated with a national origin group An applicant’s or employee’s immigration status will not be considered for any Association employment purpose except as necessary to comply with federal, status or local laws. California law also prohibits discrimination against individuals providing services in the workplace pursuant to a contract, unpaid interns and volunteers on the basis of actual or perceived race, color, creed, religion, sex, physical or mental disability, genetic information or age. This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

  • 18 Days Ago

S
Mortgage Loan Officer
  • Summit Funding
  • Redding, CA FULL_TIME
  • Company DescriptionSummit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders. When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to...
  • 19 Days Ago

A
Loan Originator - Non-Exempt
  • AXIA FINANCIAL LLC
  • Redding, CA FULL_TIME
  • DescriptionWe want to help you take your business to the next level! If you are an experienced Mortgage Loan Originator with a passion for helping your clients while gaining benefits as an employee-ow...
  • 3 Days Ago

U
LOAN SPECLST (AGRL)
  • US Farm Service Agency
  • Red Bluff, CA FULL_TIME
  • Duties Conducts interviews with loan applicants, reviews loan applications and makes preliminary inquiries to develop factual information to assess the eligibility of applicants. Provides technical ad...
  • 6 Days Ago

S
Senior Loan Officer
  • Summit Funding
  • Redding, CA FULL_TIME
  • Company DescriptionSummit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders. When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to...
  • 8 Days Ago

O
Consumer Loan Sales Specialist
  • OneMain Financial
  • Chico, CA FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers - listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. Consumer Loan Sales Speci...
  • 12 Days Ago

Filters

Clear All

Filter Jobs By Location
  • Filter Jobs by companies
  • More

0 Loan Workout Manager jobs found in Chico, CA area

C
Cook - Riverside
  • Chico Healthcare & Wellness Center
  • Chico, CA
  • Chico Healthcare & Wellness Center - Principal Responsibilities: TECHNICAL Prepares, in a timely manner, nutritious and ...
  • 3/28/2024 12:00:00 AM

M
Independent Insurance Claims Adjuster in Chico, California
  • MileHigh Adjusters Houston Inc
  • Chico, CA
  • Exciting Opportunity for Aspiring Claims Adjusters! INDEPENDENT INSURANCE CLAIMS ADJUSTERS NEEDED NOW! Are you ready to ...
  • 3/28/2024 12:00:00 AM

H
CA - Licensed Vocational Nurse LVN, Ambulatory Clinics - DAY /hr
  • HexaQuEST Global - Healthcare
  • Chico, CA
  • Job Description: Licensed Vocational Nurse in outpatient clinics of an acute care hospital. Primary need is in Colorecta...
  • 3/28/2024 12:00:00 AM

C
Sales Representative with flexible hours (remote)
  • CT Harrington Agency
  • Chico, CA
  • The CT Harrington Agency is part of the named fastest growing insurance brokerage providing clients with financial secur...
  • 3/28/2024 12:00:00 AM

B
Cashier Associate
  • Burlington Stores
  • Chico, CA
  • If you want an exciting job with one of the largest off-price retail stores in the nation, join the Burlington Stores, I...
  • 3/28/2024 12:00:00 AM

E
CA - X-Ray Tech/Radiology Tech - Chico
  • Enloe Medical Center
  • Chico, CA
  • Summary: The primary role of a radiology technologist is using medical imaging equipment to produce images of tissues, o...
  • 3/28/2024 12:00:00 AM

H
CA - X-Ray Tech/Radiology Tech - /hr
  • HexaQuEST Health, Inc.
  • Chico, CA
  • Job Description: Level II trauma facility in Chico, CA. Must be willing to float to Outpatient Imaging as well as the ma...
  • 3/28/2024 12:00:00 AM

H
Nuclear Medicine Tech - Outpatient Cardiology Clinic
  • HexaQuEST Health, Inc.
  • Chico, CA
  • Job Description: The Nuclear Medicine Tech will be working within our Outpatient Cardiology Clinic. Requirements: - Curr...
  • 3/28/2024 12:00:00 AM

Chico is the most populous city in Butte County, California, United States. As of the 2010 United States Census, the population was 86,187, reflecting an increase of 26,233 from the 59,954 counted in the 2000 Census. The city is the cultural, economic, and educational center of the northern Sacramento Valley and home to both California State University, Chico and Bidwell Park, the country's 26th largest municipal park and the 13th largest municipally-owned park. Bidwell Park makes up over 17% of the city. Other cities in close proximity to the Chico Metropolitan Area (population 212,000) incl...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$147,774 to $231,613
Chico, California area prices
were up 2.5% from a year ago

Loan Workout Manager in Chicago, IL
These loans are financed by Commercial Loan Officers who work alongside these companies to calculate the interest rate and repayment plan.
December 10, 2019
Loan Workout Manager in Louisville, KY
After the underwriting software produces a recommendation, loan officers review the output of the software and consider any additional information to make a final decision.
February 07, 2020
Loan Workout Manager in Greensboro, NC
Participate with Regional Managers and Team Leaders in developing business plans for the loan workout functions.
January 23, 2020