Loan Workout Manager jobs in Austin, TX

Loan Workout Manager directs and manages a team of professionals in restructuring commercial loans. Works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Being a Loan Workout Manager is responsible for collecting potential loans that are viable. Develops programs and manages strategies to reach performance goals. Additionally, Loan Workout Manager provides guidance and oversight on high complexity or challenging loans. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Loan Workout Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Loan Workout Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)

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Manager Trainee - Round Rock
  • Tower Loan
  • Austin, TX FULL_TIME
  • Manager Development Program

    At Tower Loan, we believe in developing leaders. In 10-12 months, our full-time Manager Development Program will give you the knowledge, skills, and abilities to effectively provide an essential service for customers and become a leader in consumer finance.

    No previous experience is required - we will help you grow your career.

    If you want to work for a company that cares about your career as much as you do, then apply with Tower Loan.

    About Us:

    Tower Loan, one of America’s largest privately owned Consumer Finance companies, has been lending money to our customers for personal loans, home equity loans, and retail sales financing for over 80 years. To learn more about Tower Lower, visit https://bit.ly/3cIWAkt.

    Compensation: Earnings are based on a 45-hour workweek

    • During Training: $38,285 / year (Avg. Annual Earnings) uncapped bonus
    • After Training: $60k - $80k / year (Avg. Annual Earnings and bonus)

    Benefits & Advantages:

    • Skill development & growth opportunities
    • Complete position-based training program
    • Coaching and mentorship
    • Strong hire-from-within policy
    • Competitive salary & unlimited earning potential
    • Comprehensive benefit package
    • Awards, recognition, & appreciation

    Work Hours:

    • The work day begins at 8:15 am; Monday – Friday
    • Overtime and working Saturdays is required based on operational needs
    • As an MT, you will work an average of 45 hours every week
    • Extended office hours can vary based on the size of the branch

    Job Responsibilities:

    • Become proficient in customer service, sales and marketing, finance, and operations
    • Develop long-term customer relationships by listening to customer needs and recommending the best service via phone and in-person
    • Promote additional products to best serve new and existing customers
    • Contact customers regarding payment reminders and arrangements
    • Assist the Branch Manager to exceed established branch goals
    • Learn and provide support in management responsibility duties such as delegating employee workload and analyzing loan documents
    • Become proficient in all aspects of management such as recruitment, staff development, performance management, and leadership

    Required Qualifications:

    • High School degree or equivalent certification
    • Must have a valid driver’s license and reliable vehicle
    • Willingness to relocate upon promotion into management; your preference of relocation is considered, but not guaranteed. (Branch locations: MS, AL, LA, IL, MO, & TX)
    • Employment is contingent upon the successful completion of a background check, drug screening, and credit check.

    #INDHigh

  • 20 Days Ago

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Commercial Loan Workout Officer (Hybrid Remote) - To 90K - Texas - Job 3248
  • The Symicor Group
  • Austin, TX FULL_TIME
  • Our client is seeking to fill a Hybrid Remote Commercial Loan Workout Officer role located near either Austin, McAllen or Laredo, TX. The position is responsible for meeting with clients, performing c...
  • 1 Month Ago

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Assistant Manager
  • CashMax Title & Loan of Texas
  • Marble Falls, TX FULL_TIME
  • Benefits Include: Matching 401K Health Insurance Life Insurance-Short Term Disability Long Term Disability Vision Dental Accident Insurance Paid Time Off Tuition Assistance Program Gym Membership Reim...
  • 7 Days Ago

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Branch Manager
  • Texas Car Title & Payday Loan Services, Inc
  • Kyle, TX FULL_TIME
  • Branch Manager: Is your career stalled? Are you looking for a fresh start with an industry leader? Can you provide excellent customer service and build long lasting relationships with real people and ...
  • 26 Days Ago

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Manager In Training/Sales Representative
  • Texas Car Title & Payday Loan Services, Inc
  • Round Rock, TX FULL_TIME
  • Manager In Training: Start your career in the consumer finance industry with an industry leader. We give you the skills and experience needed to begin a solid professional career in the Title, Payday ...
  • 1 Month Ago

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Loan Specialist - Sales
  • RateGenius Loan Services, Inc.
  • Austin, TX FULL_TIME
  • ABOUT USThe Savings Group is an innovative FinTech company that is powering finance in the age of mobility. We function as a virtual Finance & Insurance office, finding our customers the perfect lende...
  • 20 Days Ago

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0 Loan Workout Manager jobs found in Austin, TX area

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Austin 30 Drug - Overnight Stocker - Part-Time
  • H-E-B
  • Austin, TX
  • Job Description: Would you like to have a built-in workout as part of your job? We need hard-working, night-owl Partners...
  • 3/28/2024 12:00:00 AM

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Austin 13 Drug - Overnight Stocker - Part-Time
  • HEB
  • Austin, TX
  • Responsibilities: Would you like to have a built-in workout as part of your job? We need hard-working, night-owl Partner...
  • 3/28/2024 12:00:00 AM

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Personal Trainer
  • Anytime Fitness - 431076
  • Austin, TX
  • Job Description Job Description Benefits: Bonus based on performance Competitive salary Dental insurance Flexible schedu...
  • 3/28/2024 12:00:00 AM

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General Manager
  • Club Pilates Lakeway
  • Austin, TX
  • Job Description Job Description COMPANY OVERVIEW: Club Pilates offers group reformer classes in various formats and leve...
  • 3/28/2024 12:00:00 AM

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Austin 11 Grocery - Overnight Stocker - Part-Time
  • H-E-B
  • Austin, TX
  • Job Description: Would you like to have a built-in workout as part of your job? We need hard-working, night-owl Partners...
  • 3/28/2024 12:00:00 AM

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Personal Trainer, Austin
  • Equinox
  • Austin, TX
  • Company Description OUR STORY Equinox Group is a high growth collective of the world's most influential, experiential, a...
  • 3/27/2024 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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SIXPAC is looking for the best Personal Trainers - is that you?
  • SIXPAC
  • Austin, TX
  • Job Description Job Description SIXPAC is looking for the best Personal Trainers, Coaches and Fitness Influencers – is t...
  • 3/27/2024 12:00:00 AM

Austin is the capital of the U.S. state of Texas and the seat of Travis County, with portions extending into Hays and Williamson counties. It is the 11th-most populous city in the United States and the 4th-most populous city in Texas. It is also the fastest growing large city in the United States, the second most populous state capital after Phoenix, Arizona, and the southernmost state capital in the contiguous United States. As of the U.S. Census Bureau's July 1, 2017 estimate, Austin had a population of 950,715 up from 790,491 at the 2010 census. The city is the cultural and economic center ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$142,401 to $223,191
Austin, Texas area prices
were up 1.2% from a year ago

Loan Workout Manager in Chicago, IL
These loans are financed by Commercial Loan Officers who work alongside these companies to calculate the interest rate and repayment plan.
December 10, 2019
Loan Workout Manager in Louisville, KY
After the underwriting software produces a recommendation, loan officers review the output of the software and consider any additional information to make a final decision.
February 07, 2020
Loan Workout Manager in Greensboro, NC
Participate with Regional Managers and Team Leaders in developing business plans for the loan workout functions.
January 23, 2020