Loan Workout Officer jobs in Pennsylvania

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 Officer
  • Elliot Federal Credit Union
  • Jeannette, PA FULL_TIME
  • Elliott Community Federal Credit Union is looking for a Loan Officer in Jeannette and Greensburg locations, full-time opportunities available.

    Operating hours are 8:30 AM to 5:00 PM, Monday through Friday, with hours on Thursdays until 6 PM. Rotating Saturdays. An ideal candidate has flexible availability throughout the week.

    Compensation will be commensurate with experience.

    Duties include, but are not limited to:

    SPECIFIC DUTIES:

    • Maintain accurate log of all documents (titles, insurance, etc.) that are due or outstanding regarding member loan file
    • Report any work related hazards, employee theft or dishonesty, broken equipment, injuries occurred while at work, forged, inaccurate or missing file documents, computer error messages, member complaints, or issues that management must be made aware immediately
    • Process loan applications, throughout the entire process
    • Assist in processing Home Equity Applications, order appraisals and property reports. Review all appraisals and property reports prior to Loan Committee review.
    • Keep track of new loan Risk Based documentation required for monthly reports
    • Assist in preparing Satisfaction of Mtg. for recording on all Home Equity and Other Real Estate Loans paid in full
    • Assist in all Home Equity and Other Real Estate loan payoffs.
    • Assist in reviewing real estate foreclosures to insure correct property, etc.
    • Follow-up on rejected and expired title liens thru FDI Collateral
    • Prepare the office for opening and closing of business as outlined in the opening/closing procedures
    • Pulling paid off loans, tickler cards, making sure loans were paid off, tracking title release dates, reviewing information for accuracy, mail loan papers /titles to members and dealerships.
    • Attend training seminars, complete training modules (STAR, etc.), continue learning job related compliance issues pertaining to financial institution rules, regulations, state and federal laws and perform other duties as assigned
    • Report transactions that are subject to BSA and SAR reporting guidelines and provide weekly guidelines and provide weekly log sheets of transactions over $2,000 and $10,000 to manager at the very beginning of each month
    • Actively promote the Credit Union and its services
    • Perform other duties as assigned

    ESSENTIAL FUNCTIONS:

    • Every employee shall have reasonable and regular attendance
    • Every employee shall have appropriate dress and appear well groomed
    • Every employee shall provide quality member services in a fair, courteous and professional manner
    • Every employee shall promote a safe working environment
    • Every employee shall comply with all EFCU policies and procedures

    PHYSICAL REQUIREMENTS:

    • Stand, walk or be on feet up to 8 hours per day
    • Ability to bend, reach and kneel
    • Use one or both hands and/or arms to grasp or pull
    • Ability to lift objects up to 20 pounds

    Job Type: Full-time

    Pay: $20.00 - $30.00 per hour

    Benefits:

    • Dental insurance
    • Health insurance
    • Paid time off
    • Vision insurance

    Schedule:

    • 8 hour shift
    • Weekends as needed

    Work setting:

    • In-person
    • Office

    Work Location: In person

  • 16 Days Ago

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Mortgage Loan Officer
  • Obsidian Financial Services
  • Corry, PA FULL_TIME
  • Are you over the fact that you cannot close a loan in 10 days!? Are you working for a broker that just does not come through, or a lender who would not give you the ability to broker?At Obsidian Finan...
  • 16 Days Ago

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Commercial Loan Officer
  • GPac
  • Easton, PA FULL_TIME
  • Salary: $100k - 150k per year Reference: B1H(U)CommLender3312 Commercial Loan Officer Commercial Loan Officers, or Commercial Lenders, work to help business owners obtain funds needed to fund their bu...
  • 16 Days Ago

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Mortgage Loan Officer
  • autoMHatic Financial
  • Wayne, PA FULL_TIME
  • The Mortgage Loan Officer’s primary task is to communicate with borrowers to secure the details and commitment of a loan for a new or used Manufactured Housing (MH) home loan. The MLO duties will incl...
  • 16 Days Ago

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Mortgage Loan Officer
  • American Financial Network, Inc.
  • Philadelphia, PA FULL_TIME
  • Company Description American Financial Network Inc is a fast-growing mortgage banking firm that is dedicated to "Financing the American Dream. With over one hundred branches across the United States, ...
  • 18 Days Ago

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Mortgage Loan Officer
  • Tammac Holdings Corporation
  • Wayne, PA FULL_TIME
  • The Mortgage Loan Officer’s primary task is to communicate with borrowers to secure the details and commitment of a loan for a new or used Manufactured Housing (MH) home loan. The MLO duties will incl...
  • 19 Days Ago

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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
  • Blue Signal Search
  • Charlotte, NC
  • Our client is a rapidly expanding, hard money lending company experiencing tremendous growth. Their team is driven by in...
  • 4/23/2024 12:00:00 AM

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Loan Officer
  • Blue Signal Search
  • Nashville, TN
  • Our client is a rapidly expanding, hard money lending company experiencing tremendous growth. Their team is driven by in...
  • 4/23/2024 12:00:00 AM

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Loan Officer
  • Griffin Funding
  • Orange County, CA
  • Job Description Job Description Griffin Funding is a national direct lender focusing on Non-QM (DSCR, Bank Stmt, & 5-10 ...
  • 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

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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...
  • 4/20/2024 12:00:00 AM

Pennsylvania (/ˌpɛnsɪlˈveɪniə/ (listen) PEN-sil-VAY-nee-ə), officially the Commonwealth of Pennsylvania, is a state located in the northeastern and Mid-Atlantic regions of the United States. The Appalachian Mountains run through its middle. The Commonwealth is bordered by Delaware to the southeast, Maryland to the south, West Virginia to the southwest, Ohio to the west, Lake Erie and the Canadian province of Ontario to the northwest, New York to the north, and New Jersey to the east. Pennsylvania is the 33rd-largest state by area, and the 6th-most populous state according to the most recent of...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$65,773 to $92,780

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