Commercial Loan Workout Officer jobs in Pittsburgh, PA
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
Loan Workout Specialist
- B10 Wells Fargo Bank, N. A.
-
Des Moines, IA
FULL_TIME
- About this role: Wells Fargo is seeking a Loan Workout Specialist to join Consumer Credit Solutions (CCS) Collections & Servicing. This position is responsible for managing a large case load of affiant/notary responsibilities. There is also some moderate to complex contested litigation. Works within the legal center of excellence and handles lawsuit strategy, discovery, and affidavit process and may provide witness testimony at trial. In this role, you will: Provide support to internal and external customers in complex initiatives relating to collection portfolios data to reduce delinquency and restructuring of loans within the Loan Workout functional area Evaluate risk and analyze account information including financial statements and total relationship Coordinate initial loan renewal process with borrower or attorneys in order to determine workout solutions Conduct research and determine resolution for title and collateral perfection issues Review and research complex operational challenges that require research, evaluation, and selection of alternatives related to low to medium risk deliverables Monitor portfolio for policy compliance and adhere to risk rating Identify opportunities for process improvements within scope of responsibilities in Loan Workout area Present recommendations for resolving complex situations and exercise independent judgment while developing expertise in the functions, policies, procedures and compliance requirements Coach and assist less experienced colleagues Provide issue specific training and participate in departmental projects Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals Required Qualifications: 2 years of Loan Workout, Commercial Lending experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: 1 years of experience using Enterprise Collections and Recovery System (ECaR) Experience working with a combination of the following systems: First Data Resource (FDR), Hogan/SHAW, Operations Image Browser (OIB), IRRIS, XPM, ICMP, and Oliver. Experience with Credit Card products and services Intermediate Microsoft Office experience 1 year of experience interpreting and researching one or a combination of the following: loan origination or credit card documents or legal documents Vendor management experience that includes working with attorney's, agencies, debt settlement companies, judicial system Strong attention to detail, including accuracy in grammar and a sharp focus on eliminating errors Ability to work effectively, as well as independently, in a team environment Ability to read, interpret and comprehend complex legal documents Excellent verbal, written, and interpersonal communication skills Strong analytical and quantitative skill Ability to manage multiple and competing deliverables Job Expectations: Required to travel up to 10% of the time This position is not eligible for Visa Sponsorship This position offers a hybrid work schedule Location: 800 S Jordan Creek Pkwy - West Des Moines, IA Required location for this position is listed above. Candidate must reside within a reasonable commute to the site location. Relocation assistance is not available for this position. Posting End Date: 12 Mar 2024 *Job posting may come down early due to volume of applicants. We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. Applicants with Disabilities To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.
- 1 Month Ago
Loan Officer
- Elliot Federal Credit Union
-
Jeannette, PA
FULL_TIME
- Elliott Community Federal Credit Union is looking for a Loan Officer in Jeannette and Greensburg locations, full-time opportunities available. Operating hours are 8:30 AM to 5:00 PM, Monday through Fr...
- 17 Days Ago
Mortgage Loan Officer
- PNC
-
Beaver, PA
FULL_TIME
- Position OverviewAt PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work to...
- 1 Month Ago
Financial Aid Specialist/Loan Officer
- Community College of Beaver County
-
Monaca, PA
FULL_TIME
- SUMMARY This full-time staff union position reports to the Director of Student Financial Services and ensures the timely processing of financial aid awards, including awarding and disbursement of Fede...
- 8 Days Ago
Mortgage Loan Officer -LIVE Leads
- Red Tree Mortgage
-
Pittsburgh, PA
FULL_TIME
- Red Tree Mortgage is seeking full-time onsite licensed loan officers to join our direct sales team. LIVE, HIGH CONVERTING LEADS PROVIDED DAILY! We offer wholesale rates, so conversion ratios are high....
- 10 Days Ago
Emerging Markets Mortgage Loan Officer
- PNC
-
Pittsburgh, PA
FULL_TIME
- Position OverviewAt PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work to...
- 1 Month Ago
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0 Commercial Loan Workout Officer jobs found in Pittsburgh, PA area
Head of Asset Management
- Birgo Realty
-
Pittsburgh, PA
- Job Summary The Head of Asset Management leads the AM department. Their responsibilities include executing well-crafted ...
- 4/24/2024 12:00:00 AM
Group Benefits Client Support Specialist
- Henderson Brothers, Inc.
-
Pittsburgh, PA
- General Application Location: Pittsburgh, PA Type: Full TimeMin. Experience: Mid Level While we have specific openings o...
- 4/23/2024 12:00:00 AM
Vice President Lending
- Clearview Federal Credit Union
-
Coraopolis, PA
- Description OBJECTIVE Directs all lending activities to provide solutions for members and prospective members while meet...
- 4/23/2024 12:00:00 AM
Mortgage Loan Officer
- Three Rivers Lending
-
Washington, PA
- Job Description Job Description Three Rivers Lending a local company helping customers secure a mortgage and ensure sati...
- 4/23/2024 12:00:00 AM
Accounting Associate
- ECHO Realty
-
Pittsburgh, PA
- Job Description Job Description ECHO Realty is seeking to hire an Accounting Associate who will be responsible for maint...
- 4/21/2024 12:00:00 AM
Head of Asset Management
- Birgo Realty
-
Pittsburgh, PA
- Job Summary The Head of Asset Management leads the AM department. Their responsibilities include executing well-crafted ...
- 4/21/2024 12:00:00 AM
Account Service Representative
- Henderson Brothers, Inc.
-
Pittsburgh, PA
- General Application Location: Pittsburgh, PA Type: Full TimeMin. Experience: Mid Level While we have specific openings o...
- 4/20/2024 12:00:00 AM
Promotions Assistant - Part Time
- iHeartMedia, Inc.
-
Bridgeville, PA
- iHeartMedia Markets Current employees and contingent workers click here to apply and search by the Job Posting Title. Th...
- 4/20/2024 12:00:00 AM
About Pittsburgh, Pennsylvania
Pittsburgh (/ˈpɪtsbɜːrɡ/ PITS-burg) is a city in the Commonwealth of Pennsylvania in the United States, and is the county seat of Allegheny County. As of 2018, a population of 308,144 lives within the city limits, making it the 63rd-largest city in the U.S. The metropolitan population of 2,362,453, is the largest in both the Ohio Valley and Appalachia, the second-largest in Pennsylvania (behind Philadelphia), and the 26th-largest in the U.S.
Pittsburgh is located in the south west of the state, at the confluence of the Allegheny, Monongahela, and Ohio rivers. Pittsburgh is known both as "the ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Workout Officer jobs
$64,180 to $83,262
Pittsburgh, Pennsylvania area prices
were up 1.9% from a year ago
were up 1.9% 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