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)
Summary of Position:
At Brattleboro Savings & Loan we foster a culture of excellence and teamwork and we encourage creative thinking and respect diversity. We promote an environment where team members are engaged, supportive of one another, and enthusiastic about serving our customers.
This full-time position, located at our Wilmington, VT branch, is responsible for providing fast, friendly, and efficient service to customers in the handling of their banking transactions and requests for information while maintaining proper security procedures at all times. Some Saturdays will be required.
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Job Type: Full-time
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Work Location: In person
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