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)
Thomaston Savings Bank is celebrating it's 150th anniversary! If you are an experienced Commercial Loan Officer who has ties to the Bank's market area, this may be a smart career choice for you! Thomaston Savings Bank is a strong, growing, mutual bank. We are seeking to expand our Commercial Lending team.
The Senior Commercial Loan Officer will originate, manage and surpervise a large portfolio of commercial loans, typically between $75MM and $125MM, with the overall objective of maintaining and increasing its asset quality. The Senior Commercial Loan Officer will develop new and existing business relationships.
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