Loan Workout Officer jobs in Iowa

Loan Workout Officer restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with small- and mid-size loans of little to medium complexity. Being a Loan Workout Officer typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Loan workout associate
  • TEKsystems
  • Cumming, IA FULL_TIME
  • Description :

    Covers jobs responsible for managing complex and sensitive customer issues which can include estate care resolution life events remediations and / or settlements.

    Functions include assessing wide-ranging customer circumstances conducting extensive research determining appropriate courses of action documenting / communicating finding and supporting the issue through direct mediation as applicable.

    Manages stakeholder relationships with customers family members legal representatives and business partners.

    Team Duties :

    • This team manages and supports the control step
    • The team is part of the recovery department and is a last stop in the settlement review process
    • The largest portion of the case review is in Credit Cards
    • Daily and weekly reports are received the contractor will receive a control or process and each day they work the

    accounts

    • The team is not customer facing
    • This is not an entry level position

    Years of Experience required :

    2 year of relevant professional experience

    Desired Experience :

    • Root cause analysis
    • Understanding credit cards that is the main department
    • Payment research
    • Litigation exposure specifically civil procedure
    • Partnering with 3rd party law firms
    • Working independently and being resourceful

    About TEKsystems :

    We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity.

    As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change.

    That's the power of true partnership. TEKsystems is an Allegis Group company.

    The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

    Last updated : 2024-04-23

  • Just Posted

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Loan Workout Associate
  • AppleOne
  • Des Moines, IA FULL_TIME
  • This job offer is not available in your country. Document Specialist Credit Card Collections Department Location : Des Moines IA Pay Rate : $26.46 per hour Duration : 18 Month Contract with potential ...
  • Just Posted

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Loan Workout Specialist
  • Motion Recruitment
  • Des Moines, IA FULL_TIME
  • This job offer is not available in your country. Outstanding long-term contract opportunity! A well-known Financial Services Company is looking for a Loan Workout Specialist in West Des Moines, IA (Hy...
  • Just Posted

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Loan Workout Specialist
  • B10 Wells Fargo Bank, N. A.
  • Des Moines, IA FULL_TIME
  • About this role: Wells Fargo is seeking a Loan Workout Specialist to join Consumer Credit Solutions (CCS) Collections & Servicing. This position is responsible for managing a large case load of affian...
  • 1 Month Ago

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Loan Workout Specialist
  • Wells Fargo
  • WEST DES MOINES, IA FULL_TIME
  • About this role:Wells Fargo is seeking a Loan Workout Specialist to join Consumer Credit Solutions (CCS) Collections & Servicing. This position is responsible for managing a large case load of affiant...
  • 1 Month Ago

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Hiring Loan Workout Specialist - Big 4 Banking Client
  • Mindlane
  • Des Moines, IA FULL_TIME
  • Job Description:This contingent resource assignment entails:Participation in or support for low complexity initiatives within Loan Workout.Reviewing basic or tactical issues, policies, or procedures r...
  • 2 Days Ago

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Loan Officer
  • Blackhawk Bank & Trust
  • Moline, IL
  • Blackhawk Bank & Trust , a locally owned financial institution with 18 Quad City area locations is accepting application...
  • 4/25/2024 12:00:00 AM

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Loan Officer
  • Lennar Mortgage
  • Savannah, GA
  • Overview Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team me...
  • 4/25/2024 12:00:00 AM

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Loan Officer
  • FREEDOM UNITED FEDERAL CREDIT UNION
  • Beaver, PA
  • Job Description Job Description Loan Officer Duties and Responsibilities: Interviewing, acquiring information and making...
  • 4/24/2024 12:00:00 AM

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Loan Officer
  • Union Savings Bank
  • Lancaster, OH
  • Job Description Job Description Mortgage Loan Officer – Lancaster and Circleville area Union Savings Bank (USB) is best ...
  • 4/24/2024 12:00:00 AM

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Loan Officer
  • CapCenter
  • Richmond, VA
  • CapCenter is looking for a Loan Advisor to help pursue our mission: simplifying the homeownership journey with consolida...
  • 4/23/2024 12:00:00 AM

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Loan Officer
  • Blackhawk Bank & Trust
  • Moline, IL
  • Blackhawk Bank & Trust, a locally owned financial institution with 18 Quad City area locations is accepting applications...
  • 4/23/2024 12:00:00 AM

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Sr. Loan Officer
  • New American Funding
  • Inside Loan Agents receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay t...
  • 4/23/2024 12:00:00 AM

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Loan Officer
  • Capcenter
  • University Of Richmond, VA
  • CapCenter is looking for a Loan Advisor to help pursue our mission: simplifying the homeownership journey with consolida...
  • 4/22/2024 12:00:00 AM

Iowa (/ˈaɪəwə/ (listen)) is a state in the Midwestern United States, bordered by the Mississippi River to the east and the Missouri River and Big Sioux River to the west. It is bordered by six states; Wisconsin to the northeast, Illinois to the east, Missouri to the south, Nebraska to the west, South Dakota to the northwest and Minnesota to the north. In colonial times, Iowa was a part of French Louisiana and Spanish Louisiana; its state flag is patterned after the flag of France. After the Louisiana Purchase, people laid the foundation for an agriculture-based economy in the heart of the Corn...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$63,071 to $88,968

Loan Workout Officer in Anaheim, CA
Administers and restructures problem loans and deposit relationships, including extremely complex situations, with very little managerial supervision, to assure optimal levels of principal, interest and expense recovery.
November 30, 2019
Loan Workout Officer in Canton, OH
Develops and implements strategies to recover principal from borrowers whose non-performing loans have been charged off.
January 31, 2020
Loan Workout Officer in Indianapolis, IN
Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking.
January 06, 2020