Commercial Loan Workout Officer restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Being a Commercial Loan Workout Officer works with small to moderate size loans of little complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer typically reports to a supervisor or manager. The Commercial Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Commercial Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Summary
The Commercial Loan Assistant II provides support to the Bankers and Lending Department with the preparation of loan documents, funding process, credit file maintenance and loan closing process. This position is responsible for providing an excellent client experience to prospects and client and is responsible for problem solving, issue investigation and resolution. The Commercial Loan Assistant II acts as a gatekeeper to the Bankers. Responsible for ensuring the accuracy and uniformity of all legal and loan documents and minimizes the risk of loss to the Bank. This position ensures that all loans are closed and maintained in accordance with state and federal regulations and adheres to Bank policies and guidelines.
Specific Job Functions
Minimum Job Requirements
Equal Opportunity Employer/Veterans/Disabled
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