Loan Workout Manager jobs in Newport News, VA

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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Loan Assistant
  • Commonwealth of VA Careers
  • Franklin, VA FULL_TIME
  • Title: Loan Assistant

    Agency: Paul D. Camp Community College

    Location: Franklin (City) - 620

    FLSA: Nonexempt

    Hiring Range: $20.02 - $21.00 hr./DOE

    Full Time or Part Time: Part Time

    Additional Detail


    Job Description:
    Paul D. Camp Community College is a small 2-year college in Southeast Virginia. Campuses are located in Franklin and Suffolk. There also is a center in Smithfield. The college offers associate degrees, certificates, and career studies certificates In transfer and career/technical programs; credit and non-credit workforce services and training for businesses and industries; special interest classes for the community; and summer classes for youth through the Regional Workforce Development Center. A dual enrollment program for high school students, online courses, and developmental studies classes are available at the college as well.

    Reporting to the Financial Aid Coordinator, the primary goals of the Financial Aid Loan Assistant are to serve as backup to the Financial Aid Loan Officer, providing financial literacy and loan counseling outreach to current students. In addition, this employee will coordinate the Work-Study program for Franklin Campus, including maintaining accurate time records and onboarding student employees. The incumbent will perform high-level financial aid computer operations related to helping students maintain Satisfactory Academic Progress; revise aid for enrollment changes; and work closely with Business Office to ensure the timely disbursement of all financial aid funds. On a daily basis, this employee will guide students and parents through completing FAFSA forms and submitting follow-up documents. This employee will answer emails and phone calls; scan and link documents in an electronic filing system; and connect students who are struggling with appropriate support to help them succeed. Standard office equipment will be used. As needed, the incumbent will participate in community workshops for student and parents, as well as liaison with high school career coaches. The position will require occasional evening and weekend hours.

    This is a wage position limited to working no more than 1,500 hours during the 12 month period of May 1 – April 30, regardless of the hire date. The wage employment period resets on May 1 of the following year. All wage employees are limited to working no more than 29 hours per week on average over the 12-month period. This wage position offers no state benefits.
    Minimum Qualifications:

    -Customer service experience.
    -Experience keeping meticulous confidential records.
    -Experience working with word processing and spreadsheet software (e.g. MS Office Suite).
    -Demonstrated ability to establish goals and priorities and make decisions based on established business processes.
    -Demonstrated ability to work and make decisions under pressure, with a high level of accuracy and attention to detail, while maintaining composure.
    -Demonstrated ability to work cooperatively in a team environment, adapting quickly and easily to competing deadlines.
    -Demonstrated experience working with diverse populations.
    -Demonstrated ability to communicate effectively, both orally and in writing, including public speaking.
    -Willingness to work evenings and weekends as needed to assist students during busy peak periods.
    Preferred Qualifications:

    -Knowledge of and skills with using PeopleSoft Student Information System (SIS).
    -Familiarity with the Free Application for Federal Student Aid (FAFSA).
    -Experience working with federal and state financial aid programs, Direct Loans in particular.
    -Customer service or advising experience in a higher education setting.
  • Just Posted

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Residential Loan Servicing Specialist
  • Blue Ridge Bank NA
  • Kilmarnock, VA FULL_TIME
  • DescriptionPosition Purpose:This position is responsible for providing support to the Residential lending servicing team. Primary responsibilities include booking of loans and modification agreements,...
  • Just Posted

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Loan Coordinator – Financial Aid
  • Hampton University
  • Hampton, VA FULL_TIME
  • Hampton University Staff The chief objective of this position is to process and reconcile federal and private loans. The Loan Coordinator will counsel students and families on the various aspects of t...
  • 1 Day Ago

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Commercial Loan Officer
  • Chesapeake Bank
  • Williamsburg, VA OTHER
  • Overview Chesapeake Bank- Award winning community bank is seeking a commercial loan officer for its Williamsburg, Virginia market. Would you like to be a true advocate and partner for your commercial ...
  • 24 Days Ago

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Mortgage Loan Originator
  • Motto Mortgage Brilliance
  • Williamsburg, VA FULL_TIME
  • Mortgage Loan Originator Want the ability for personal and professional growth that will enable earnings that reflect the hard work and effort you put into your business? We own an innovative mortgage...
  • 24 Days Ago

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External Mortgage Loan Originator
  • AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY
  • Newport, VA OTHER
  • Job Details Job Location: 6009 Newport News West - Newport News, VA Position Type: Full Time Education Level: High School Salary Range: Undisclosed Travel Percentage: Road Warrior Job Category: Sales ...
  • 1 Month Ago

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0 Loan Workout Manager jobs found in Newport News, VA area

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MS/Tele Registered Nurse
  • TotalMed
  • Newport News, VA
  • We are seeking a Registered Nurse-Medical Surgical / Telemetry for a travel assignment in Newport News Virginia.
  • 4/25/2024 12:00:00 AM

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KFC Restaurant General Manager
  • KFC
  • Newport News, VA
  • Looking for a rewarding career in the fast-food industry? KBP Foods, a leading franchisee of KFC, is hiring a Restaurant...
  • 4/25/2024 12:00:00 AM

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Registered Dental Hygienist
  • GoTu
  • Newport News, VA
  • Pay Range: $55-$75/Hour By using the GoTu app, you can find local temporary and permanent opportunities and get peace of...
  • 4/25/2024 12:00:00 AM

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Dental Hygienist - choose your own schedule
  • GoTu
  • Newport News, VA
  • Pay Range: $55-$75/Hour By using the GoTu app, you can find local temporary and permanent opportunities and get peace of...
  • 4/25/2024 12:00:00 AM

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Senior Process Engineer
  • Suez Water Technologies & Solutions
  • Norfolk, VA
  • Around the globe, we help cities and industries manage, optimize and make the most of their resources. We provide an arr...
  • 4/23/2024 12:00:00 AM

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Sales Associate
  • Orangetheory Fitness
  • Chesapeake, VA
  • Be fit. Change lives. Have fun. If you mention fitness within moments of meeting someone...if you encourage friends and ...
  • 4/23/2024 12:00:00 AM

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Sales Associate
  • Orangetheory Fitness
  • Virginia Beach, VA
  • Be fit. Change lives. Have fun. If you mention fitness within moments of meeting someone...if you encourage friends and ...
  • 4/23/2024 12:00:00 AM

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Sales Associate
  • Orangetheory Fitness
  • Norfolk, VA
  • Be fit. Change lives. Have fun. We are looking for enthusiastic individuals eager to share our story and our success wit...
  • 4/22/2024 12:00:00 AM

Newport News is located at 37°4′15″N 76°29′4″W / 37.07083°N 76.48444°W / 37.07083; -76.48444 (37.071046, −76.484557). According to the United States Census Bureau, the city has a total area of 120 square miles (310 km2), of which 69 square miles (180 km2) is land and 51 square miles (130 km2) (42.4%) is water. The city is located at the Peninsula side of Hampton Roads in the Tidewater region of Virginia, bordering the Atlantic Ocean. The Hampton Roads Metropolitan Statistical Area (officially known as the Virginia Beach-Norfolk-Newport News, VA-NC MSA) is the 37th largest in the nation with...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$137,404 to $215,359
Newport News, Virginia area prices
were up 1.2% 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