Loan Workout Officer jobs in Washington

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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Chief Financial Officer
  • Olympia Federal Savings & Loan Association
  • Olympia, WA FULL_TIME
  • Description

    OlyFed employees love the places we work and the communities we serve. In addition to a generous benefit package and opportunities for career growth, OlyFed employees are able to boast about working for an organization with a positive reputation and a proven commitment to our communities.


    OlyFed prides itself on a history of personal, high-quality service to our customers and community. The spirit of giving is built into our charter and culture. Each year OlyFed dedicates more than 10% of its revenues to community support. In addition to corporate financial contributions, our employees extend the policy of community involvement by donating their time and talents.


    We are looking for a Chief Financial Officer to join our team. The CFO is responsible for the organization's Financial functions, actively participates in strategic business plan objectives including financial planning and budget management, and carries out department expectations and business plan objectives. 


      

    ESSENTIAL DUTIES & RESPONSIBILITIES:

    • Develop and implement key performance indicators in collaboration with the CEO to support and propel the strategic business plan. 
    • Active participant in the development, execution, and promotion of the strategic direction of the Association.
    • Oversee strategic direction of the Accounting and Finance functions. Manage overall performance, ensuring all goals and deliverables are met.
    • Ensure proactive/effective coaching and development of staff. Actively factor succession planning strategies into staffing plans. 
    • Develop strategies to grow revenue and assets, increase profitability and efficiencies, and manage all aspects of balance sheet performance. 
    • Provide expertise and guidance regarding the financial position of the Association. Analyze trends, make recommendations, and provide reports to assist the Board of Directors. 
    • Oversee administration of investment portfolio to provide liquidity and safety, while optimizing earnings in accordance with established policies. 
    • Partner with senior leadership to develop an effective budget that supports strategic initiatives, association health, and effective use of resources. 
    • Annual external financial audit process and prepare financial statements and disclosures.
    • Chair of the Asset-Liability Committee (ALCO). Evaluate validity of interest rate risk (IRR) model.
    • Research, analyze and prepare complex reports on historical and forecasted financial.
    • Staff management including staffing, coaching, communication, performance, and meetings.
    • Represent OlyFed internally and externally, in a manner consistent with our values and culture.
    • Assist CEO with any special assignments, projects, and reports. And other duties as assigned. 

    Requirements

      

    KNOWLEDGE, SKILLS AND ABILITY REQUIREMENTS:

    • Maintain a high degree of confidentiality and business ethics at all levels.
    • Thorough understanding of accounting, banking and loan regulations and Association policies and procedures with demonstrated ability to interpret and apply quickly and independently. 
    • Excellent public and customer relations skills to effectively communicate with internal and external customers, determine their needs, and maintain their confidence. 
    • Organization and flexibility to prioritize workload in a fast-paced, customer-driven environment.
    • Utilize analytical techniques and exercise independent judgment to identify strategies to solve problems and complex customer needs. 
    • Detailed understanding of a financial institution’s general ledger and investment accounting.
    • Develop, read, and analyze financial reports, and gather, organize and compile numerical data into accurate, meaningful reports. Gather and scrutinize data to identify issues and trends.
    • Exercise customer confidentiality and discretionary judgment.
    • Read, write, speak, and understand English well.
    • Proficiency in basic computer programs with ability to learn new software. 
    • Maintain a working knowledge of applicable OlyFed Policies and Federal Regulations.

    QUALIFICATIONS:

    • Bachelor’s degree in accounting/finance or equivalent experience and training in a related field.
    • CPA certification is preferred. 
    • 10 years' management accounting experience, 7 years at a financial institution preferred. 
    • Extensive knowledge of bank accounting procedures and functioning of a financial institution.

    Must be bondable. 


    PHYSICAL DEMANDS & WORK ENVIRONMENT/CONDITIONS:

    Duties are performed in usual office conditions. Ability to operate standard office equipment including personal computer, standard keyboard, 10-key calculator and work a standard shift with repetitive wrist and hand movements. Ability to talk and hear. Ability to stand or sit for extended periods of time. Occasionally lift, move, or carry items up to 15 lbs. Ability to concentrate on the matter at hand, under sometimes distracting work conditions. Requires manual dexterity and handling ability. Use hands and arms to finger, handle, grab and reach. Specific vision abilities including close vision and the ability to adjust focus. Work may involve eyestrain due to constant use of computer screens. Occasional walking, kneeling, stooping, crouching, and bending. Ability to be mobile office-wide for various business needs. 


    Employees are covered by medical, dental, vision, basic life insurance and long-term disability. Voluntary benefit coverage includes life insurance, AD&D, legal, accident, critical illness, hospital indemnity, and FSA. Options for family coverage are available. Employees can enroll in our company’s 401k plan. We offer immediately vested 5% 401k match, as well as profit sharing, and an annual incentive bonus. Full time employees will receive the following paid time off per month: 6.67 hours of vacation leave and 8 hours of sick leave. In addition, the following paid time off per year: 11 paid holidays; a float holiday; a birthday holiday; 24 wellness hours; 16 volunteer hours. Modified for part-time employees.


    Olympia Federal Savings is an Equal Opportunity Employer and affirmative action employer. EOE AA M/F/Vet/Disability: EEOC Legal Poster


    If you require a reasonable accommodation to complete the application process, please contact Human Resources at 360-754-3400.

  • 10 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Bonney Lake, WA FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 18 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Federal Way, WA PART_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 21 Days Ago

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Loan Officer
  • Tri Pointe Homes Holdings, Inc.
  • Bellevue, WA FULL_TIME
  • Overview Want to work for a fast-paced, innovative company? Tri Pointe Homes is always looking for individuals to help us push forward in our pursuit of high-level home buying. If this sounds like a c...
  • 21 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Spokane, WA FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 21 Days Ago

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Loan Officer
  • Inspire Home Loans
  • Bothell, WA OTHER
  • Must Reside in CA or WA and licensed in CA, WA and TX About Inspire Home Loans As the proud affiliate lender of Century Communities—a top 10 U.S. homebuilder and industry leader in online sales—we kno...
  • 2 Days Ago

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Loan Officer
  • Neighborhood Development Center
  • Saint Paul, MN
  • Job Description Job Description 625 University Avenue St. Paul, MN 55104 tel 651.291.2480 fax 651.291.2597 www.ndc-mn.or...
  • 3/28/2024 12:00:00 AM

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Loan Advisor
  • FIRST SERVICE CREDIT UNION
  • Houston, TX
  • Address: 16430 Park Ten Place, Houston, Texas 77084 Role: Works with all aspects of eBranch and daily operations to ensu...
  • 3/28/2024 12:00:00 AM

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Loan Advisor
  • Congressional Federal Credit Union
  • Oakton, VA
  • The Loan Advisor contacts and assist members with the disbursement of their consumer loans and fulfill approved cross se...
  • 3/28/2024 12:00:00 AM

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Loan Officer
  • Community Vision Capital
  • Oakland, CA
  • Job Description Job Description THE OPPORTUNITY The Loan Officer is responsible for structuring and negotiating loans, a...
  • 3/27/2024 12:00:00 AM

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Commercial Loan Workout Officer (Hybrid Remote) - To 90K - Texas - Job 3248
  • The Symicor Group
  • Austin, TX
  • Our client is seeking to fill a Hybrid Remote Commercial Loan Workout Officer role located near either Austin, McAllen o...
  • 3/27/2024 12:00:00 AM

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Loan Officer
  • Paramount Residential Mortgage Group
  • Mcdonough, GA
  • Overview: PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best...
  • 3/27/2024 12:00:00 AM

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Loan Officer
  • Paramount Residential Mortgage Group
  • Chapel Hill, TN
  • Overview: PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best...
  • 3/27/2024 12:00:00 AM

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Loan Officer
  • BLUE WHALE LENDING LLC
  • Troy, MI
  • Job Description Job Description We are currently seeking an experienced Mortgage Broker to join our team at Blue Whale L...
  • 3/27/2024 12:00:00 AM

Washington (/ˈwɒʃɪŋtən/), officially the State of Washington, is a state in the Pacific Northwest region of the United States. Washington is the northwestern-most state of the contiguous United States. It borders Idaho to the east, bounded mostly by the meridian running north from the confluence of the Snake River and Clearwater River (about 116°57' west), except for the southernmost section where the border follows the Snake River. Oregon is to the south, with the Columbia River forming the western part and the 46th parallel forming the eastern part of the Oregon-Washington border. To the wes...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$70,564 to $99,550

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