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)
POSITION DESCRIPTION:
Responsible for developing and maintaining strong and profitable relationships with commercial clients and providing quality client service. Actively call on businesses in GSB’s strategic lending area and throughout CT; effectively negotiate, structure and underwrite proposed loans in a timely manner and in alignment with the Bank’s loan policy; obtain necessary approvals, close the loan and administer the client relationship.
GENERAL DESCRIPTION OF DUTIES:
DIGITAL LITERACY:
The ability to use data, information, and communication technologies to find, evaluate, create, and communicate information, requiring both cognitive and technical skills.
EXPERIENCE REQUIRED: Five to eight years of relevant commercial lending and/or commercial real estate lending experience in a bank setting. SBA Lending experience would also be a plus.
EDUCATION REQUIRED: A college degree or equivalent work experience.
MANAGERIAL RESPONSIBILITY: Has no supervisory/managerial responsibilities.
*Compensation: Compensation is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.
GSB is an equal opportunity employer and offers equal opportunity to all applicants for all positions without regard to race, color, religion, national origin, age, disability, and veteran status.
Applicants requiring reasonable accommodation in the application process should notify Human Resources.
GSB participates in E-Verify.
EOE/AA/M/F/D/V
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0 Commercial Loan Workout Officer jobs found in New London, CT area