Commercial Loan Workout Officer jobs in Cedar Rapids, IA
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)
Recently Added Commercial Loan Workout Officer jobs
Commercial Loan Processor
- Linn Area Credit Union
-
Rapids, IA
FULL_TIME
-
Linn Area Credit Union-Commercial Loan ProcessorLinn Area Credit Union is a not-for-profit, full-service financial organization with branches in Cedar Rapids and Marion, Iowa. We are very much a local organization serving a 22 county field of membership.Job SummaryThe individual in this position will be responsible for managing the processing, closing and post-closing functions of Commercial Credits. This person will provide support for deposit and loan activities within the Commercial Department in order to ensure an efficient and consistent management of commercial files. They will be responsible for compliance with all regulatory requirements and internal policies/procedures.
Essential Duties and Responsibilities- Work with borrowers, team and vendor partners to efficiently process loan requests
- Gather, organize, and validate financial documentation requirements for new and existing commercial lending relationships
- Prepare closing documents, review loans and accurately transfer into our core system
- Track portfolio loan covenants and documentation to ensure the timely receipt of information
Skills and Qualifications- One to three years of similar or related experience is preferred
- A bachelor's degree, or achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree
- Attention to detail and accuracy, and the ability to identify and lead process improvement
- Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation
- Must have excellent communication skills and the ability to use related software required
We offer- A benefits package that includes three medical plans to choose from, dental and vision (we pay 90% of the premium)
- Paid Time-off, Sick time-off, and time off earned for volunteering in the community
- 401(k) with a great employer match (up to 200%)
- Paid Parental Leave
- Company workout facility and locker room
- Employer-paid life insurance
- Professional development and advancement opportunities
Oh, and don’t forget that LACU employees get paid time off for Federal holidays.That is a lot of perks in addition to our great company culture! - 14 Days Ago
Senior Commercial Loan Platform Administrator
- MidWestOne Bank
-
Iowa, IA
FULL_TIME
- Overview At MidWestOne, our people are number one in everything we do. We are a community bank with a culture based on integrity and customer care. The people on our team are the foundation of our suc...
- 4 Days Ago
Senior Commercial Loan Platform Administrator
- MidWestOne Bank
-
Dubuque, IA
FULL_TIME
- Overview At MidWestOne, our people are number one in everything we do. We are a community bank with a culture based on integrity and customer care. The people on our team are the foundation of our suc...
- 4 Days Ago
Vice President/Mortgage Loan Officer
- Green State Credit Union
-
North Liberty, IA
FULL_TIME
- OverviewPOSITION SUMMARY:Creates, collects, analyzes, exercises judgment and advises members on mortgage loan options. Proactively seeks new business and builds pipeline. Maintains organization of por...
- 8 Days Ago
Commercial Banking Relationship Officer
- Cedar Rapids Bank & Trust
-
Rapids, IA
FULL_TIME
- Cedar Rapids Bank & Trust is committed to being the most customer-focused financial institution in Cedar Rapids and is seeking an individual that is passionate about building customer relationships. C...
- 1 Month Ago
Commercial Cleaner
- ServiceMaster Commercial Cleaning
-
Lansing, IA
PART_TIME
- Our essential team members enjoy:*Competitive Pay*Flexible Schedules*Career Path Opportunities*Paid Training For more than 60 years, ServiceMaster Clean has been creating cleaner, healthier, safer wor...
- 8 Days Ago
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0 Commercial Loan Workout Officer jobs found in Cedar Rapids, IA area
Sr. Relationship Manager, Commercial Banking - Combined Business Banking and Middle Market Coverage- Des Moines, IA or Cedar Rapids, IA
- Bank of America
-
Cedar Rapids, IA
- Sr. Relationship Manager, Commercial Banking - Combined Business Banking and Middle Market Coverage- Des Moines, IA or C...
- 4/24/2024 12:00:00 AM
Associate Financial Representative
- Modern Woodmen of America
-
Cedar Rapids, IA
- The ideal candidate will deliver personalized investment solutions to help clients work toward their long-term financial...
- 4/23/2024 12:00:00 AM
Fuel Compliance Officer - 12 Month Register
- Department Of The Treasury
-
Cedar Rapids, IA
- DutiesWHAT IS THE SMALL BUSINESS SELF EMPLOYEDDIVISION?A description of the business units can be found at: https://www....
- 4/23/2024 12:00:00 AM
Experienced Financial Advisor
- Prudential Financial
-
Cedar Rapids, IA
- Prudential Advisors is looking for an experienced financial professional in the Cedar Rapids area that is interested in ...
- 4/22/2024 12:00:00 AM
Associate Financial Representative
- Modern Woodmen of America
-
Cedar Rapids, IA
- The ideal candidate will deliver personalized investment solutions to help clients work toward their long-term financial...
- 4/22/2024 12:00:00 AM
Financial Professional
- Prudential Financial
-
Cedar Rapids, IA
- Explore a career as a Financial Professional! Take your career to the next level at Prudential Advisors - change your li...
- 4/22/2024 12:00:00 AM
Program Integrity & Compliance Quality Assurance Manager
- Public Consulting Group
-
Cedar Rapids, IA
- OverviewPublic Consulting Group LLC (PCG) is a leading public sector solutions implementation and operations improvement...
- 4/22/2024 12:00:00 AM
Experienced Financial Advisor
- Prudential Financial
-
Cedar Rapids, IA
- Prudential Advisors is looking for an experienced financial professional in the Cedar Rapids area that is interested in ...
- 4/21/2024 12:00:00 AM
About Cedar Rapids, Iowa
The city is divided into four quadrants, used in addressing. 1st Avenue (U.S. Route 151 Business) divides the north and south sides of the city, and the Cedar River divides east and west. Mays Island, in the middle of the river, is the only area of the city where addresses have no quadrant. Areas outside the city limits that have a Cedar Rapids mailing address do not use the quadrants either.
Except in the downtown area, 1st Avenue and the Cedar River tend to run diagonally instead of along the cardinal directions. Due to the curving of 1st Avenue, there are some areas in western Cedar Rapids ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Workout Officer jobs
$62,356 to $80,895
Cedar Rapids, Iowa area prices
were up 0.8% from a year ago
were up 0.8% from a year ago
What does a Commercial Loan Workout Officer do?
Commercial Loan Workout Officer in Lorain, OH
Acts as the primary servicing officer for a problem loan and deposit portfolio. Meets with problem loan customers on a regular basis, monitors financial performance, establishes action plans to correct problem issues, monitors collateral value and condition and provides continuous diligence to mitigate loss exposure to the bank.
January 23, 2020
Commercial Loan Workout Officer in Colorado Springs, CO
Director - Commercial Loan Workout Officer - Special Assets Group.
January 13, 2020
Commercial Loan Workout Officer in Laramie, WY
Interacts with other workout officers, lending officials, and borrowers to better secure collateral, equity, or other assets of the borrower.
January 31, 2020