Loan Workout Manager jobs in Florida

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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Vice President - Restructuring / Workout
  • Restructuring / Workout - Arena Investors I Quaestor Advisors
  • Jacksonville, FL FULL_TIME
  • *Flexible location but ideally Jacksonville, FL or Purchase, NY*

    Arena Investors, LP is a global investment management firm that seeks to generate attractive risk adjusted, consistent and uncorrelated returns by employing a fundamentals based, asset-oriented financing and investing strategy across the entire credit spectrum in areas where conventional sources of capital are scarce. Arena specializes in off-the-run, stressed, distressed, illiquid and esoteric special situation transactions through originations and acquisitions of asset-oriented investments across a wide array of asset types, including but not limited to, private direct corporate credit, commercial real estate bridge lending, and commercial and consumer assets.

    Quaestor Advisors (“Quaestor”) is an affiliated Special Servicer, which provides mid and back-office services, including asset management, to Arena Investors and external clients.

    The firm currently has offices in New York, San Francisco, Florida, London, Dublin, Singapore, Auckland and Bangalore.

    Arena is looking to expand the team through the addition of a VP Credit Restructuring / Workout professional. In this role, this individual will initially work independently but ultimately will be expected to grow and manage a small team. The Asset Management Group’s primary responsibilities include portfolio surveillance, risk management, maximization of return for the firm’s investment portfolio, and asset valuation, amongst other items. Ideal candidates will be organized, self-motivated, resourceful, and able to work effectively with all internal functional groups.


    Responsibilities:

    • Independently manage a wide range of bespoke illiquid credit investments including monitoring of business and financial performance of the portfolio counterparty as well as research and analysis of market dynamics.
    • Review and analyze deal structure, financial statements, cash flow forecasts, asset collateral, 13-week cash flow statements, covenants and legal documentation.
    • Generate detailed financial models and projections, sensitivity analysis, covenant analysis, duration, LTV, and IRR and NPV calculations, amongst others.
    • Negotiate and carry out amendments, waivers, consents and any other legal documents pertaining to the asset under management, including but not limited to, in and out of court restructuring processes.
    • Analyze, propose, negotiate, and implement the sale or refinancing of assets.
    • Ability to effectively communicate both internally and externally with C-Suite individuals.
    • Responsible for monthly valuation of all assigned financings.
    • Must be a “Player Coach”, with personal responsibility for modeling and managing complicated assets, while overseeing and training team members and support analysts.
    • Extensive interface with Front Office, Asset Management, Finance and Operations teams, as well as Quaestor Strategic Advisors.
    • Prepare presentations and memorandum that will include background information, transaction structure, financial projections, and recommendations.
    • Work with the Managing Directors of Asset Management to build out the team overtime as the asset base grows.
  • 1 Day Ago

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General Manager
  • Workout Anytime - Edmonds
  • Merritt, FL FULL_TIME
  • NOW HIRING GENERAL MANAGERS! Merritt Island Now hiring general managers to work in our new and existing clubs in one of the fastest-growing Fitness Franchises on the planet, Workout Anytime! This is a...
  • Just Posted

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General Manager
  • Workout Anytime - Pugh
  • Port Orange, FL FULL_TIME
  • Growing and exciting fitness chain seeks enthusiastic, positive individuals for its management training program. Position open immediately for business minded people with an interest in health and fit...
  • 11 Days Ago

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Assistant Manager
  • Workout Anytime - Pugh
  • Palm, FL FULL_TIME
  • Growing and exciting fitness chain seeks enthusiastic, positive individuals for its management training program. Position open immediately for business minded people with an interest in health and fit...
  • 12 Days Ago

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Assistant Manager
  • Workout Anytime - Pugh
  • Homestead, FL FULL_TIME
  • Growing and exciting fitness chain seeks enthusiastic, positive individuals for its management training program. Position open immediately for business minded people with an interest in health and fit...
  • 1 Month Ago

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Telecom Manager
  • Lakeview Loan Servicing
  • Coral, FL FULL_TIME
  • OverviewLakeview is seeking a highly skilled and experienced Telecom Manager to join our dynamic team. The Telecom Manager will be responsible for overseeing all aspects of our telecommunications infr...
  • 6 Days Ago

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Loan Review Specialist
  • BAFS
  • Monroe, LA
  • Job purpose To provide an objective appraisal to credit union management of Member Business Loans and applications for c...
  • 3/28/2024 12:00:00 AM

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Asset Manager
  • Greystone Monticello LLC
  • New York, NY
  • Greystone Monticello, LLC and its affiliates (“Greystone Monticello”) is a real estate and asset-based lender providing ...
  • 3/28/2024 12:00:00 AM

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Technical Sales Manager - OEM Electromechanical Solutions - North Central Region (Medical)
  • LINAK U.S.
  • Columbus, OH
  • LINAK® provides electric actuation solutions that improve people’s quality of life and working environment. Linear movem...
  • 3/28/2024 12:00:00 AM

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Technical Sales Manager - OEM Electromechanical Solutions - North Central Region (Medical)
  • LINAK U.S.
  • Cleveland, OH
  • LINAK® provides electric actuation solutions that improve people’s quality of life and working environment. Linear movem...
  • 3/28/2024 12:00:00 AM

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Summer Internship
  • Rice Cohen International
  • Who We Are: Rice Cohen International is one of the premier retained executive search firms in the U.S. We are located in...
  • 3/28/2024 12:00:00 AM

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Business Development Representative
  • FacilityONE
  • Business Development Representative Who We are...... FacilityONE is a software company dedicated to providing a high-val...
  • 3/28/2024 12:00:00 AM

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Business Development Manager
  • Jackson Physician Search
  • Alpharetta, GA
  • Come join the largest privately-owned permanent physician recruitment firm in the country! Your next strategic career mo...
  • 3/28/2024 12:00:00 AM

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Experienced Business Development Representative
  • Capstone Logistics, LLC
  • Chicago, IL
  • Experienced Business Development Representative About Capstone: Capstone is your partner-obsessed, data-driven, results-...
  • 3/28/2024 12:00:00 AM

Florida (/ˈflɒrɪdə/ (listen); Spanish for "land of flowers") is the southernmost contiguous state in the United States. The state is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Atlantic Ocean, and to the south by the Straits of Florida. Florida is the 22nd-most extensive (65,755 sq mi or 170,300 km2), the 3rd-most populous (21,312,211 inhabitants), and the 8th-most densely populated (384.3/sq mi or 148.4/km2) of the U.S. states. Jacksonville is the most populous municipality in the state and the largest city by area in th...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$137,550 to $215,589

Loan Workout Manager in Wichita Falls, TX
When a bank believes your business has a substantial chance of defaulting on the loan, it has a duty to its shareholders and its regulating agency to protect its interest in your loan. Signs of possible loan default initiate the procedures for a loan workout.
January 25, 2020
Loan Workout Manager in Fort Lauderdale, FL
Banks make money by giving loans and collecting interest from those loans.
December 08, 2019
Loan Workout Manager in Twin Falls, ID
In order to be considered a candidate for this position, many banks require a Bank and Commercial Loan Workout Manager to have a Bachelors or Master’s degree in a field related to Banking Management such as Finance, Project Management, Accounting, etc.
December 22, 2019