Loan Workout Manager jobs in Virginia Beach, 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 Officer
  • Cornerstone Home Lending
  • Onley, VA FULL_TIME
  • We are looking for an experienced Licensed Loan Officer, who will bring enthusiasm, attention to detail, and a servant heart to our team of top-tier mortgage professionals. This professional will work in a tight-knit, goal-oriented team where our Customers and Referral Partners can rely on them to ensure an accurate and timely closing process. The Licensed Loan Officer’s primary function is the promotion and sale of Company loan products and services to potential customers.

    What you’ll do:

    • Provide excellent customer service
    • Manage client relationships and identify client service and sales needs
    • Respond to customer inquiries and referrals that are generated from your contacts
    • Conduct interviews with prospective borrowers in order to analyze financial and credit data
    • Marketing, promoting, and selling Company’s loan products
    • Negotiate rates and terms
    • Define and manage customer loan process expectations
    • Monitor and manage workflow to ensure timely closing
    • Maintain product knowledge and stay up to date on changes to market conditions
    • Comply with all applicable laws and regulations released to residential mortgage lending

    What you’ll need to be successful:

    Success in this job relies on your time management skills, organization, and positive attitude. In addition, you’ll need the following qualifications:

    • Minimum 2 years of experience in the mortgage industry with a clear understanding of residential mortgage loan process from application through fulfillment -or- Bachelor’s degree or equivalent preferred
    • Must be appropriately licensed (or be able to gain license within 60 days of start date) by the applicable regulator in each state in which he/she does licensee activities
    • Excellent communication skills required
    • Strong organizational, problem-solving, and analytical skills required

    What we offer:

    Because we recognize and reward hard work, we offer a competitive salary, full benefits package, and a potential for a performance-based bonus dependent upon position/department.

    What to do next:

    If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.

    Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

    The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

  • 3 Days Ago

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Loan Officer
  • Cornerstone Capital Bank
  • Onley, VA FULL_TIME
  • We are looking for an experienced Licensed Loan Officer, who will bring enthusiasm, attention to detail, and a servant heart to our team of top-tier mortgage professionals. This professional will work...
  • 5 Days Ago

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Loan Processor
  • Farmers Bank of Willards
  • Willards, MD FULL_TIME
  • Job Title: Loan ProcessorReports to: AVP Loan AdministrationJob Description: Summary/Objective:The loan processor position prepares monthly and quarterly reports and process consumer/commercial loans ...
  • 1 Month Ago

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Loan Counselor I
  • LoanCare
  • Virginia, VA FULL_TIME
  • Overview Are you the missing piece to our team? LoanCare is now hiring full-time on-site Loan Counselors starting rate $22.00/Hour. Start off 2024 with a new and exciting career at LoanCare, a leading...
  • 18 Days Ago

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Mortgage Loan Originator
  • Jet Direct Mortgage
  • Salisbury, MD FULL_TIME
  • MORTGAGE LOAN ORIGINATOR All Mortgage Lenders talk about their competitive compensation, quick turn times, in house products, etc. Sure we all have those, but why focus on the things that are a given ...
  • 21 Days Ago

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Mortgage Loan Originator
  • Jet Direct Mortgage
  • Virginia, VA FULL_TIME
  • MORTGAGE LOAN ORIGINATOR All Mortgage Lenders talk about their competitive compensation, quick turn times, in house products, etc. Sure we all have those, but why focus on the things that are a given ...
  • 21 Days Ago

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0 Loan Workout Manager jobs found in Virginia Beach, VA area

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Bellperson - Marriott Virginia Beach Oceanfront
  • Professional Hospitality Resources, Inc. and Ocean Beach Club LLC
  • Virginia Beach, VA
  • Overview: Assists guest with their check-ins & outs. Must repeatedly be able to transport guest's luggage, as well as ot...
  • 4/26/2024 12:00:00 AM

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Housekeeping Manager
  • MasterCorp, Inc.
  • Virginia Beach, VA
  • Overview: As the leader in the resort housekeeping industry, we experience rapid and consistent growth at resort locatio...
  • 4/26/2024 12:00:00 AM

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Team Member
  • Moe's Southwest Grill
  • Virginia Beach, VA
  • 0Position Overview: Implementation of procedures, standards, and tactics to optimize restaurant sales, control costs, pr...
  • 4/26/2024 12:00:00 AM

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Cook 2 (Grille, Saute, Broil, Raw Bar) - Tulu Seaside Bar & Grill, Marriott Virginia Beach Oceanfront - Cavalier Resort
  • Professional Hospitality Resources, Inc. and Ocean Beach Club LLC
  • Virginia Beach, VA
  • Overview: The Cook II prepares food in accordance with production requirements and standard recipes and is most often as...
  • 4/26/2024 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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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
  • 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

Virginia Beach is located at 36°51′02″N 75°58′40″W / 36.8506°N 75.9779°W / 36.8506; -75.9779 (Virginia Beach). According to the United States Census Bureau, the city has a total area of 497 square miles (1,290 km2), of which 249 square miles (640 km2) is land and 248 square miles (640 km2) (49.9%) is water. It is the largest city in Virginia by total area and third-largest city land area. The average elevation is 12 feet (3.7 m) above sea level. A major portion of the city drains to the Chesapeake Bay by way of the Lynnhaven River and its tributaries. The city is located at the southeaster...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$138,710 to $217,406
Virginia Beach, 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