Commercial Loan Workout Officer jobs in Rochester, MN

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

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Commercial/Ag Loan Officer
  • Ag Jobs
  • Rochester, MN FULL_TIME
  • POSITION SUMMARY

    Responsible for delivery of all products and services of MBT to the market area. Manages a portfolio of agricultural & commercial loans, develops new loan business, and consumer loans as necessary.

    ESSENTIAL FUNCTIONS

    Reasonable Accommodations Statement

    To accomplish this job successfully, an individual must be able to perform, with or without reasonable accommodation, each essential function satisfactorily. Reasonable accommodations may be made to help enable qualified individuals with disabilities to perform essential functions.

    ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned:
    1. Manage own loan portfolio consisting of agricultural and commercial loans and other duties as assigned. Develop and grow the agricultural and commercial portfolio for the Rochester Branch.


    1. Assist Market President & VP Commercial Lending in managing the office loan functions.
      • Conduct farm visits as per policy.
      • Cross sell to existing & new customers including crop insurance.
      • Monitors quality, compliance and trends of their portfolio.
      • Maintain or improve Interest Spread.
      • Make credit decisions within lending authority and insure compliance with loan policy and banking regulations. Including but not limited to, conducting annual reviews and writing presentations on loan banking relationships.
      • Work closely with MBT Market President and VP Commercial Lending monitoring quality, compliance, and trends.
      • Work with lending and loan support in location, as well as, centralized functions. Additionally, mentor new and existing loan support staff in further development.
      • Takes corrective actions when necessary and recommends solutions to the appropriate authority.
      • Oversees agricultural and commercial market collection activities.
      • Serves as member of Loan Committee.
      • Help other lenders as needed with inspections, spread sheets, and loan closings.


    1. Make referrals to MBT Insurance, MBT Investments, or our Customer Service Representatives. Conducts prospect calls seeking new business.


    1. Represents the bank in community activities to strengthen the community and build goodwill for MBT.

    SKILLS & ABILITIES

    Education:
    • Bachelor's Degree in business, finance and/or agriculture


    Experience:
    • Five or more years' experience in lending or related field
  • 22 Days Ago
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Commercial Loan Officer
  • GPac
  • Rochester, MN FULL_TIME
  • Salary: Market related Reference: ComLoanOff6 Gpac is partnered with one of the top community banks in the market that is looking to hire an experienced Commercial Loan Officer to their team! Job Resp...
  • 10 Days Ago
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E
Loan Officer
  • EZ Mortgage .Store
  • Spring, MN FULL_TIME
  • Calling all energetic and dynamic leaders with the ability to think on their feet, manage dynamic customer relationships and execute an ongoing growth plan!EZ Mortgage Store is a startup Mortgage Brok...
  • 1 Month Ago
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Mortgage Loan Officer
  • Coulee Bank
  • Rochester, MN FULL_TIME
  • DescriptionThis Mortgage Loan Officer will provide a high level of customer service in the origination of consumer home mortgage loans. The position will build and maintain a strong network on interna...
  • 20 Days Ago
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A
Agricultural Loan Officer - Outside Sales
  • ALCIVIA
  • Durand, WI FULL_TIME
  • ALCIVIA is growing and looking to add a full-time Agricultural Loan Officer within our Durand/Osseo sales territory. Are you looking for a company where work-life balance is respected, honest effort i...
  • 24 Days Ago
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C
Production Superintendent - Commercial Roofing 55k to 90k year
  • Commercial Roofing 55k to 90k year - Horizon Roofing, Inc.
  • Hope, MN FULL_TIME
  • Thanks for applying with Horizon Roofing. We know you have many companies that you could work with, but you need to make sure you do your research because you don’t want to work for a company that suc...
  • 7 Days Ago
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0 Commercial Loan Workout Officer jobs found in Rochester, MN area

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Fuel Compliance Officer - 12 Month Roster
  • Department Of The Treasury
  • Rochester, MN
  • DutiesWHAT IS THE SMALL BUSINESS SELF EMPLOYEDDIVISION DIVISION?A description of the business units can be found at: htt...
  • 4/24/2024 12:00:00 AM
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Assistant Branch Manager & Management Hire
  • Under Armour
  • Owatonna, MN
  • Responsibilities The Assistant Store Manager supports the Store Manager in the daily operations of the store This includ...
  • 4/24/2024 12:00:00 AM
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Credentialed 1099 Field Investigator
  • Paragon Systems Inc
  • Rochester, MN
  • Paragon Investigations sector is procuring credentialed 1099 Independent Contractor Field Investigators for work on the ...
  • 4/24/2024 12:00:00 AM
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Internal Revenue Agent (Reviewer - Examiner) 12 MONTH ROSTER - AMENDED
  • Department Of The Treasury
  • Rochester, MN
  • Duties WHAT IS THE WHISTLEBLOWER OFFICE (WBO) DIVISION? A description of the business units can be found at: https://www...
  • 4/22/2024 12:00:00 AM
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Financial Planner
  • Northwestern Mutual
  • Rochester, MN
  • Become a Financial Planner with Northwestern Mutual! Have you been thinking of a career change, or hoping to start a new...
  • 4/20/2024 12:00:00 AM
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Financial Planner
  • Northwestern Mutual
  • Rochester, MN
  • Become a Financial Planner with Northwestern Mutual! Have you been thinking of a career change, or hoping to start a new...
  • 4/20/2024 12:00:00 AM
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E
Branch Office Administrator
  • Edward Jones
  • Zumbrota, MN
  • Would you call yourself a relationship builder, a problem solver or a critical thinker? If you answered yes, we need you...
  • 4/15/2024 12:00:00 AM
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E
Branch Office Administrator
  • Edward Jones
  • Rochester, MN
  • Would you call yourself a relationship builder, a problem solver or a critical thinker? If you answered yes, we need you...
  • 4/4/2024 12:00:00 AM
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About Rochester, Minnesota

Rochester is a city founded in 1854 in the U.S. State of Minnesota and is the county seat of Olmsted County located on the Zumbro River's south fork in Southeast Minnesota. It is Minnesota's third-largest city and the largest city located outside the Minneapolis-St. Paul Metropolitan Statistical Area. As of 2015, the Rochester metropolitan area has a population of 215,884. According to the 2010 United States Census the city has a population of 106,769. The U.S. Census Bureau estimated that the 2017 population was 115,733. It is the home of the Mayo Clinic and an IBM facility, formerly one of t...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Workout Officer jobs
$65,353 to $84,784
Rochester, Minnesota area prices
were up 1.3% from a year ago
View detail

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