Loan Workout Manager jobs in Union, NJ

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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Loan IQ Testing Senior Manager - VP- Hybrid
  • Hispanic Technology Executive Council
  • Jersey, NJ FULL_TIME
  • The Testing Senior Manager accomplishes results through the management of professional team(s) and department(s). Integrates subject matter and industry expertise within a defined area. Contributes to standards around which others will operate. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the entire function. Requires basic commercial awareness. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Has responsibility for volume, quality, timeliness and delivery of end results of an area. May have responsibility for planning, budgeting and policy formulation within area of expertise. Involved in short-term planning resource planning. Full management responsibility of a team, which may include management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary and terminations and may include budget approval. Manages initiatives related to User Acceptance Testing (UAT) process and product rollout into production. Testing specialists who work with technology project managers, UAT professionals and users to design and implement appropriate scripts/plans for an application testing strategy/approach. Responsibilities may also include software quality assurance testing.

    Responsibilities:

    • Develops and designs standards and procedures, ensures that they are adhered to throughout the software development life cycle.
    • Manages organizational process change.
    • Develops and implements methods for cost, effort and milestones of IT Quality activities.
    • Strives for continuous improvements and streamlining of processes.
    • Ensures consistency and quality of processes across the organization.
    • Manages one or more testing teams.
    • Deals with complex and highly variable issues.
    • Collaborates with client leads and development organizations and partners with business users.
    • Evaluates subordinates' performance and makes decisions on pay increases, promotions, terminations, etc.
    • Analyzes trends at an organizational level to improve processes; follows and analyzes industry trends.
    • Exhibits in-depth understanding of concepts and procedures within own area and basic knowledge of these elements in other areas.
    • Requires in-depth understanding of how own area integrates within IT testing and has basic commercial awareness.
    • Uses evaluative judgment in complicated or novel situations, uses multiple sources of information. Impacts IT testing through delivery of end results and contribution to planning, finances/budget and formulation of policies.
    • Management responsibility for a team or multiple teams, including management of people, budget and planning, performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.
    • Produces performance testing workload definition and analysis, factoring in known or projected volumes and transaction mix, to ensure coverage of critical business transactions.
    • Performs other duties and functions as assigned.
    • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

    Qualifications:

    • 12 years Quality Assurance (QA) experience in the Financial Service industry preferred
    • 8 Years of Loan IQ Application Experience is mandatory.
    • Experience in requirement reviews & able to identify, communicate and document discrepancies.
    • Understanding of QA within the Software Development Lifecycle (SDLC) and QA methodologies
    • Understanding of Quality Processes
    • Demonstrated logical analysis skills, attention to detail and problem solving Proven ability to work to deadlines.
    • Consistently demonstrates clear and concise written and verbal communication skills
    • QA Experience in defining, designing & executing test cases

    Education:

    • Bachelor's/University degree, Master's degree preferred

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    Job Family Group:

    Technology

    -------------------------------------------------

    Job Family:

    Technology Quality

    ------------------------------------------------------

    Time Type:

    Full time

    ------------------------------------------------------

    Primary Location:

    Jersey City New Jersey United States

    ------------------------------------------------------

    Primary Location Salary Range:

    $125,540.00 - $188,310.00

    ------------------------------------------------------

    Citi is an equal opportunity and affirmative action employer.

    Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

    Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review .

    View the "EEO is the Law" poster. View the EEO is the Law Supplement.

    View the .

    View the Pay Transparency Posting

     

  • 24 Days Ago

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Loan Administrator
  • BizTek People, Inc. | APA International Placement Consultants
  • Jersey, NJ FULL_TIME
  • SUMMARY: Provide Loan Control and Document Custody function support related to loan operations activities, as part of the Loan Control Unit.Skills:Experience with loan operating systemsMust be a detai...
  • 2 Days Ago

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Loan Assistant
  • Crown Bank
  • Elizabeth, NJ FULL_TIME
  • Orders required due diligence items (appraisals, environmental reports, property inspections and site inspection reports) Runs loan reports Tracks payment of insurance, taxes and other invoices for OR...
  • 2 Months Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Bergen, NJ FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 2 Months Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Newark, NJ PART_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 2 Months Ago

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Syndicated Loan Transaction Coordinator
  • JPMC Candidate Experience page
  • Jersey, NJ FULL_TIME
  • Job Responsibilities: Support Leverage Finance and Debt Capital Markets with the execution and closing of complex loan transactions, including but not limited to, new deals, refinancing and amendments...
  • Just Posted

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0 Loan Workout Manager jobs found in Union, NJ area

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Personal Trainer
  • Svetness Personal Training
  • Clark, NJ
  • Are you a dedicated and motivated personal trainer looking to make a significant impact on individuals' lives? We are ac...
  • 5/1/2024 12:00:00 AM

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Health Fitness Specialist
  • Exos
  • Rahway, NJ
  • Job Summary: We are looking for Health Fitness Specialist to join our team. Hiring immediately! The Role: As a Health Fi...
  • 4/30/2024 12:00:00 AM

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Group Fitness Instructor
  • F45 Training
  • Cranford, NJ
  • Job Description Job Description JOIN F45 TRAINING, the CUTTING EDGE FITNESS PHENOMENON that's taking the world by storm!...
  • 4/29/2024 12:00:00 AM

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Personal Trainer
  • Svetness Personal Training
  • Roselle Park, NJ
  • Are you a dedicated and motivated personal trainer looking to make a significant impact on individuals' lives? We are ac...
  • 4/29/2024 12:00:00 AM

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Personal Trainer
  • Svetness Personal Training
  • Hillside, NJ
  • Are you a dedicated and motivated personal trainer looking to make a significant impact on individuals' lives? We are ac...
  • 4/29/2024 12:00:00 AM

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Personal Trainer
  • Svetness Personal Training
  • Millburn, NJ
  • Are you a dedicated and motivated personal trainer looking to make a significant impact on individuals' lives? We are ac...
  • 4/29/2024 12:00:00 AM

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Senior Manager, M&A Tax
  • KPMG
  • Short Hills, NJ
  • Business Title: Senior Manager, M&A Tax Requisition Number: 111478 - 61 Function: Tax Services Area of Interest: State: ...
  • 4/29/2024 12:00:00 AM

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Loss Mitigation & Asset Recovery Manager
  • The Atlantic Federal Credit Union
  • Springfield, NJ
  • Job Summary: Will ensure that the loss mitigation & asset recovery policies and procedures of the credit union best serv...
  • 4/28/2024 12:00:00 AM

Union Township, New Jersey is the name of several places in New Jersey:...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Manager jobs
$164,318 to $257,540
Union, New Jersey area prices
were up 1.6% 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