Commercial Loan Workout Officer jobs in Vermont

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)

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Commercial Loan Officer
  • COMMUNITY NATIONAL BANK
  • Saint Johnsbury, VT FULL_TIME
  • Commercial Loan Officer- Caledonia County, Vermont

    Community National Bank seeks an experienced Commercial Loan Officer for our Caledonia County market and surrounding areas.

    Successful candidate will focus on growing a commercial portfolio through building new customer relationships. Will be the primary contact for developing new client relationships while managing existing customer relationships. Will work independently to develop new business with prospects that have moderate and large complex credit needs. Maintains established market presence.
    Will have several years of related experience. A strong understanding of commercial business development techniques and credit decisions with a demonstrated business development track record. Have a strong market presence with a wide network of outside referral sources for new business. Must have strong credit, and financial analysis skills.

    BASIC SUMMARY:

    The Commercial Loan Officer is responsible for making and servicing a variety of commercial loans and building business development.

    ESSENTIAL DUTIES AND RESPONSIBILITIES:

    · Make and service a variety of commercial loans.

    · Assist the senior lender in handling larger and more complex loans.

    · Provide excellence in customer service.

    · Interview loan applicants.

    · Obtain and direct the analysis of necessary financial data.

    · Make site visits, as needed.

    · Make decisions on loan applications and terms within established lending limits.

    · Follow current loans to ensure complete compliance with terms.

    · Provide service on approved lines of credit, equipment financing, etc.

    · Call on potential customers to develop new business and call on existing customers to retain existing business.

    · Operate within the Bank’s loan policy guidelines and the lender’s credit authority.

    · Develop short- and long-range operating objectives.

    · Comply with Code of Ethics standards and all applicable bank compliance laws and regulations.

    · Perform all other related duties as assigned.

    QUALIFICATIONS:

    · Education:Bachelor's degree (B.A./B.S.) or equivalent in Finance, Banking or other related discipline. Master's degree (M.A./M.S./MBA) preferred.

    · Experience:Six to eight years related, loan generation experience.

    · An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and experience listed above.

    · Knowledge of conventional and/or government guidelines, processing underwriting and/or closing procedures/federal regulations governing lending.

    · Other: Must have demonstrated skills in: interpersonal communication and influence skills. Solid working knowledge of Microsoft Office needed. Must be able to learn new software quickly. Ability to analyze and comprehend complex financial data and provide financial alternatives. Ability to read, write, speak and understand English is required.

    · Must have a valid Driver’s license.

    · All officers will be expected to demonstrate excellent interpersonal skills and a commitment to high quality personal service to our customers and to other departments and employees within the bank. All officers should have good communication skills and be willing to pursue appropriate continuing education.

    PHYSICAL DEMANDS:

    · While performing the duties of this job, the employee is regularly required to talk, hear and work/type at a computer.

    · Specific vision abilities required by this job include close vision and the ability to adjust focus.

    WORK ENVIRONMENT:

    · General office working conditions, the noise level in the work environment is usually quiet.

    Comments:

    · This position requires occasional travel.

    Job Type: Full-time

    Benefits:

    • 401(k)
    • 401(k) matching
    • Dental insurance
    • Employee assistance program
    • Health insurance
    • Life insurance
    • Paid time off
    • Professional development assistance
    • Retirement plan
    • Tuition reimbursement
    • Vision insurance

    Ability to Relocate:

    • Saint Johnsbury, VT 05819: Relocate before starting work (Required)

    Work Location: In person

  • 1 Day Ago

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Commercial Loan Assistant
  • COMMUNITY NATIONAL BANK
  • Derby, VT FULL_TIME
  • Location: Preferably in Derby, VT. Home office could be at a branch office location. COMMERCIAL LOAN ASSISTANT BASIC SUMMARY: The Commercial Loan Assistant provides general clerical and administrative...
  • 7 Days Ago

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Consumer Loan Officer
  • New England Federal Credit Union
  • Williston, VT FULL_TIME
  • New England Federal Credit Union is looking for a Consumer Loan Officer to join the team! This role is responsible for analyzing and underwriting consumer loan applications received by the company. Th...
  • 3 Days Ago

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Consumer Loan Officer
  • New England Federal Credit Union
  • Montpelier, VT FULL_TIME
  • New England Federal Credit Union is looking for a Consumer Loan Officer to join the team! This role is responsible for analyzing and underwriting consumer loan applications received by the company. Th...
  • 3 Days Ago

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Commercial Loan Credit Analyst I
  • Union Bank of VT/ NH
  • Morrisville, VT FULL_TIME
  • DescriptionAbout usAs one of the oldest, independent community banks in Vermont, Union Bank has a longstanding reputation for investing in the success of our customers and communities. Founded in 1891...
  • 4 Months Ago

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Commercial Banking Officer 3
  • Community Bank System, Inc.
  • Williston, VT FULL_TIME
  • OverviewAt Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Ban...
  • Just Posted

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Commercial Loan Officer
  • Strivector
  • Phoenix, AZ
  • THE JOB As a Commercial Loan Officer , your roles and responsibilities will include: Generate new C&I, CRE and business ...
  • 3/29/2024 12:00:00 AM

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Commercial Loan Officer
  • RIO BANK
  • Harlingen, TX
  • Job Description Job Description Overview Rio Bank is a South Texas owned and managed bank with a strong focus on persona...
  • 3/29/2024 12:00:00 AM

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Commercial Loan Officer
  • First National Bank
  • Minneapolis, MN
  • Who we are We are a family-owned bank committed to providing exceptional service and innovative banking solutions while ...
  • 3/29/2024 12:00:00 AM

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Commercial Loan Officer
  • Cornerstone Lending Group Inc.
  • Irvine, CA
  • We are currently seeking a Commercial Loan Officer to join our team at Cornerstone Lending Group, a mortgage brokerage s...
  • 3/28/2024 12:00:00 AM

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Commercial Loan Officer
  • Guilford Savings Bank
  • Old Saybrook, CT
  • Job Description Job Description POSITION DESCRIPTION: Responsible for developing and maintaining strong and profitable r...
  • 3/28/2024 12:00:00 AM

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Commercial Loan Officer
  • Wayne Bank
  • Geneva, NY
  • Job Description Job Description Duties: Manages a commercial loan portfolio in the designated service area, provides dir...
  • 3/28/2024 12:00:00 AM

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Commercial Loan Workout Officer (Hybrid Remote) - To 90K - Texas - Job 3248
  • The Symicor Group
  • Austin, TX
  • Our client is seeking to fill a Hybrid Remote Commercial Loan Workout Officer role located near either Austin, McAllen o...
  • 3/27/2024 12:00:00 AM

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Commercial Loan Officer
  • JCW
  • Bethlehem, PA
  • JCW is partnering with a well established community bank based in New Jersey. They are seeking an experienced Commercial...
  • 3/27/2024 12:00:00 AM

Vermont is located in the New England region of the Northeastern United States and comprises 9,614 square miles (24,900 km2), making it the 45th-largest state. It is the only state that does not have any buildings taller than 124 feet (38 m). Land comprises 9,250 square miles (24,000 km2) and water comprises 365 square miles (950 km2), making it the 43rd-largest in land area and the 47th in water area. In total area, it is larger than El Salvador and smaller than Haiti. It is the only landlocked state in New England, and it is also the easternmost and the smallest in area of all landlocked sta...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Workout Officer jobs
$62,616 to $81,240

Commercial Loan Workout Officer in New Suffolk, NY
Acts as servicing officer for a portfolio of problem commercial loans and deposit relationships.  Primary focus will be on Healthcare and additional sponsor backed transactions.
January 27, 2020
Commercial Loan Workout Officer in Flagstaff, AZ
Acts as servicing officer for a portfolio of problem commercial loans and deposit relationships.
December 08, 2019
Commercial Loan Workout Officer in Medford, OR
Commercial Mortgage OriginatorTrinity Street Capital Partners provides investment banking services for commercial real estate transactions.
December 27, 2019