Loan Workout Manager jobs in Pittsburgh, PA
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)
Recently Added Loan Workout Manager 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
General Manager
- Workout Anytime - Sun
-
Rochester, PA
FULL_TIME
- Now Hiring General Manager for Workout Anytime East Rochester and West ViewWe are now hiring general manager positions to work in our new club in West View and existing clubs in Rochester. Workout Any...
- 11 Days Ago
General Manager
- Workout Anytime - Sun
-
Pittsburg, PA
FULL_TIME
- Now Hiring General Manager for Workout Anytime East Rochester and West ViewWe are now hiring general manager positions to work in our new club in West View and existing clubs in Rochester. Workout Any...
- 11 Days Ago
General Manager
- Workout Anytime - Sun
-
Pittsburgh, PA
FULL_TIME
- Now Hiring General Manager for Workout Anytime East Rochester and West View We are now hiring general manager positions to work in our new club in West View and existing clubs in Rochester. Workout An...
- 1 Month Ago
Senior Community Investment Projects Manager
- Federal Home Loan Bank Pittsburgh
-
Pittsburgh, PA
FULL_TIME
- Primary Success FactorsIn cooperation with Community Investment management, this candidate will direct and supervise marketing, operation and compliance functions for the Bank's Banking On Business (B...
- 1 Day Ago
Personal trainer
- WORKOUT ANYTIME.
-
Rochester, PA
FULL_TIME
- Title : Workout Anytime Gym Personal Trainer for the East Rochester, PA location. Personal Training Certificate is required. Part-time, commission available.Workout Anytime is one of the fastest growi...
- 1 Month Ago
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0 Loan Workout Manager jobs found in Pittsburgh, PA area
Experienced Attorney, Bankruptcy and Creditors' Rights - Pittsburgh
- Burns White Llc
-
Pittsburgh, PA
- Who we are Burns Whites Bankruptcy and Creditors Rights Services Team understands the unique challenges inherent in toda...
- 4/26/2024 12:00:00 AM
Trash Collector - Truck Required - Part Time - Nights
- Valet Living, LLC
-
Pittsburgh, PA
- A reliable open-bed pickup truck or vehicle hauling a trailer is REQUIRED for this position. Join our team as an Apartme...
- 4/23/2024 12:00:00 AM
Head Coach/Personal Trainer
- DFW Excercise Partners LLC
-
Pittsburgh, PA
- Job Description Job Description The Exercise Coach is seeking a full time Head Coach in our Shadyside location. Previous...
- 4/23/2024 12:00:00 AM
Personal Trainer - No Sales Quotas Location: PA-Bridgeville-15017
- GYMGUYZ Williamsburg
-
Pittsburgh, PA
- Personal Trainer - No Sales Quotas Bridgeville, PA **Job Summary** The Certified Personal Trainer will be responsible fo...
- 4/22/2024 12:00:00 AM
Certified Personal Trainer
- PCG Capital
-
Pittsburgh, PA
- Job Description Job Description Looking for the best place to work this summer in Pittsburgh? Want to earn a great wage,...
- 4/22/2024 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 Loan Workout Manager jobs
$142,918 to $224,001
Pittsburgh, Pennsylvania area prices
were up 1.9% from a year ago
were up 1.9% from a year ago
What does a Loan Workout Manager do?
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