Banking & Commercial Loan Workout Manager jobs in Passaic, NJ

Banking & Commercial Loan Workout Manager manages a staff of professionals in restructuring problem business banking and commercial loans. Develops strategies to assist lenders and borrowers in establishing collateral, equity, or other assets. Being a Banking & Commercial Loan Workout Manager may require a bachelor's degree. Typically reports to a director. The Banking & Commercial Loan Workout Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Banking & Commercial Loan Workout Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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Commercial Loan Officer
  • First Hope Bank
  • Sparta, NJ FULL_TIME
  • The Commercial Loan Officer independently sources new commercial relationships, focusing on the communities the Bank serves, predominately Sussex, Warren and Morris counties, while maintaining and developing an existing loan portfolio.

    Key Responsibilities

    • Develop and execute a plan to meet established performance goals through prospecting, networking, and leveraging internal business partners.
    • Sourcing and closing on new banking relationships ensuring strong credit quality while maximizing revenue.
    • Responsible for managing an existing portfolio, to include: client outreach, annual reviews and loan extensions, validating compliance and addressing exceptions.
    • Expanding all banking relationships through thoughtful referrals and collaboration with business partners.
    • Promote the Bank's presence and image in our communities through events, networking, and community service.

    Education & Experience

    • College degree.
    • Commercial Lending experience.
    • Underwriting experience.  Formal credit training, a plus.

    Physical Requirements & Working Conditions

    • Travel to branches, client locations and networking events.
    • Professional office environment with moderate sound while in bank locations.
    • Varied conditions at client and prospect places of business.
    • Flexible hours required to fulfill business calls, networking and community events.

     

    EOE v/d

  • 1 Month Ago

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Commercial Loan Officer
  • Unity Bank
  • Hills, NJ FULL_TIME
  • POSITION SUMMARY: The Commercial Loan Officer (LO) is responsible for managing and growing profitable commercial lending relationships through active networking and cold calling efforts with local cen...
  • 2 Months Ago

S
Manager, Patient Access
  • Syneos Health Commercial Solutions
  • Rockaway, NJ FULL_TIME
  • Description Contribute to outstanding innovation Make braver choices As a privately-owned, specialty healthcare company, Ferring focuses on developing life-changing innovations that help people live b...
  • 9 Days Ago

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Commercial Account Manager
  • Blackmon Mooring & BMSCAT
  • Fairfield, NJ FULL_TIME
  • Hybrid 95% On The Field Car Allowance and Free Medical Insurance! Job Description In this role, you will call on and build relationships with a broad variety of customers and become their preferred pr...
  • 17 Days Ago

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Commercial Services Project Manager
  • Employment Horizons
  • Wharton, NJ FULL_TIME
  • Employment Horizons, a nonprofit organization, seeks a Commercial Services Project Manager to analyze and coordinate the schedule, timeline, procurement, and staffing to ensure the job is completed on...
  • 21 Days Ago

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Commercial Parking Manager - Northeast
  • Parking Management Company
  • Parsippany, NJ OTHER
  • Job Details Job Location: Parsippany NJ - Parsippany, NJ Salary Range: Undisclosed Description Company: Parking Management Company - PMC Job Title: Commercial Parking Manager Position Type: Salary Pay...
  • 21 Days Ago

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0 Banking & Commercial Loan Workout Manager jobs found in Passaic, NJ area

According to the United States Census Bureau, the city had a total area of 3.244 square miles (8.401 km2), including 3.146 square miles (8.149 km2) of land and 0.098 square miles (0.253 km2) of water (3.01%). Unincorporated communities, localities and place names located partially or completely within the city include Davis Bridge and Pleasant Plains. Passaic's only land border is with neighboring Clifton, which borders Passaic to the north, south, and west. The Passaic River forms the eastern border of Passaic. Four additional neighboring towns in Bergen County immediately across the river fr...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Banking & Commercial Loan Workout Manager jobs
$193,169 to $277,601
Passaic, New Jersey area prices
were up 1.5% from a year ago

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Organizations usually prefer managers who can adapt their skills to different situations.
December 03, 2019
Banking & Commercial Loan Workout Manager in Troy, NY
High priority always comes first As Banking Commercial Loan Workout Manager.
February 14, 2020
Banking & Commercial Loan Workout Manager in Petersburg, VA
There are four different levels of loan workout officers.
January 19, 2020