Loan Workout Officer jobs in Fort Worth, TX
Loan Workout Officer restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with small- and mid-size loans of little to medium complexity. Being a Loan Workout Officer typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Loan Workout Officer jobs
Loan Officer
- Texas Regional Bank
-
Southlake, TX
FULL_TIME
-
Position SummaryThe Loan Officer is responsible for managing and growing profitable lending relationships for the Bank under the direct supervision of the branch’s Senior Lending Officer. The Loan Officer will hold the responsibility of ensuring that goals are met, cultivate business prospects and opportunities that result in new loan and deposit relationships. The position of the Loan Officer is a demanding position that will require individuals to have a positive attitude, the desire to achieve all goals, a passion for the banking industry and dedication to do what is needed to be successful.
Principal Duties and Responsibilities- Develop and implement strategies, including solicitation of referrals and cold calling that identify, prioritize, and facilitate the acquisition of high value relationships.
- Interview potential clients, determine their loan requirements and introduce and facilitate the sale of appropriate Bank products and services.
- Manage credit portfolio, maintain close customer contact.
- Participate with employees of the Bank from other departments in, but not limited to, blitz calling days, joint client meetings and community events.
- Monitor credit quality and data integrity.
- Manage a portfolio of loans and lines of credit. Includes but not limited to: analyzing borrowing base certificates, inspecting collateral, reviewing/approving advance requests, monitoring delinquency and risk grading and administration of loan covenants.
- Active participation in the loan application process. Including but not limited to: obtaining completed application packages, preparation of an initial loan proposal and diligent follow up on all needed documents as requested by the underwriting department.
- Maintain active communication with the underwriting department while acting as the customer’s point of contact for any and all questions that may arise, thus ensuring that the client’s needs are met, and the loan closes is in a timely and organized manner.
- Responsible for monitoring all pending loan applications for timely responses by both the Bank and the client to ensure that no loan becomes stale, clients are kept fully aware of their progress through the application process and that loans close within a timely manner.
- Responsible for managing and reporting on an assigned loan portfolio which will entail but will not be limited to; discussing clients with Senior Management and assisting the Collections Department.
- Adhere to the Bank’s credit policies, guidelines, and applicable regulatory requirements.
Other Responsibilities- Support and promote the Bank vision, mission and core values, organizational structure and policies and procedures.
- Must have excellent analysis, observation, and decision-making skills.
- Highly focused, able to rapidly determine key priorities, clearly communicate the priorities and ensure resources are properly aligned.
- Excellent interpersonal and communication skills are necessary for maintaining effective relationships with Board members, officers, employees, and members of the business and civic community.
- Individual should be able to work under high pressure situations and a stressful atmosphere and then should remain composed.
- Provides a strong, compassionate, and visible leadership, which fosters positive attitudes and trust among employees, customers, and prospects.
- Comply with federal and state regulations as well as all established Bank policies and procedures.
- Other duties as assigned.
Qualifications, Education and Experience Requirements- Minimum of five (5) years of solid experience in new business development, deal structuring, underwriting and portfolio management.
- High school diploma or equivalent; college degree preferred.
- Computer literate with the ability to utilize all programs including but not limited to: Microsoft Windows, Excel, Outlook, Word, Internet, and specific Bank related software.
- Able to multitask while prioritizing responsibilities and tasks.
- Strong communication skills.
- Effective time management skills.
- Strong analytical, problem solving and mathematical skills.
- Capable of making decisions and sound judgment as it relates to all client, employee, and Bank matters.
- Must be able to be physically present in the Bank to perform job duties.
- Texas Regional Bank is an Equal Opportunity Employer.
- 20 Days Ago
Loan Officer
- Farm Credit Network
-
Denton, TX
FULL_TIME
- Loan Officer at AgTrust Farm Credit AgTrust Farm Credit is a premier resource to help people in urban areas who aspire to find and purchase their ideal home in the country. In addition, we help farmer...
- 12 Days Ago
Loan Officer
- AgTrust Farm Credit
-
Denton, TX
FULL_TIME
- Loan Officer at AgTrust Farm Credit AgTrust Farm Credit is a premier resource to help people in urban areas who aspire to find and purchase their ideal home in the country. In addition, we help farmer...
- 12 Days Ago
Loan Officer
- Helton Real Estate Group
-
Arlington, TX
FULL_TIME
- We are looking for an experienced, service, and detail-oriented mortgage loan officer to join our team. We believe in removing obstacles and creating a supportive environment for you to thrive. If you...
- 28 Days Ago
Mortgage Loan Officer
- Obsidian Financial Services
-
Rhome, TX
FULL_TIME
- Are you over the fact that you cannot close a loan in 10 days!? Are you working for a broker that just does not come through, or a lender who would not give you the ability to broker?At Obsidian Finan...
- 16 Days Ago
Mortgage Loan Officer
- Helton Real Estate Group
-
Arlington, TX
FULL_TIME
- We are looking for an experienced, service, and detail-oriented mortgage loan officer to join our team. We believe in removing obstacles and creating a supportive environment for you to thrive in. If ...
- 20 Days Ago
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0 Loan Workout Officer jobs found in Fort Worth, TX area
Automotive Commercial Underwriter
- Stellantis Financial Services Us
-
Dallas, TX
- Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers and a m...
- 4/25/2024 12:00:00 AM
Automotive Commercial Underwriter
- Stellantis Financial Services US
-
Dallas, TX
- Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers and a m...
- 4/24/2024 12:00:00 AM
Associate Attorney
- Quintairos, Prieto, Wood, & Boyer, P.A.
-
Dallas, TX
- Quintairos, Prieto, Wood & Boyer, P.A., is a multi-office national defense firm, seeking Texas-licensed attorneys with c...
- 4/24/2024 12:00:00 AM
Automotive Commercial Underwriter
- Stellantis Financial Services US
-
Dallas, TX
- Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers and a m...
- 4/21/2024 12:00:00 AM
Sr Commercial Loan Officer
- Centennial Bank
-
Fort Worth, TX
- GENERAL DESCRIPTION OF POSITION Responsible for extending credit within the policies and guidelines set forth in the loa...
- 4/21/2024 12:00:00 AM
About Fort Worth, Texas
Fort Worth is located in North Texas, and has a generally humid subtropical climate. It is part of the Cross Timbers region; this region is a boundary between the more heavily forested eastern parts and the rolling hills and prairies of the central part. Specifically, the city is part of the Grand Prairie ecoregion within the Cross Timbers. According to the United States Census Bureau, the city has a total area of 349.2 square miles (904 km2), of which 342.2 square miles (886 km2) is land and 7.0 square miles (18 km2) is covered by water. It is a principal city in the Dallas–Fort Worth metropl...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Workout Officer jobs
$64,191 to $90,549
Fort Worth, Texas area prices
were up 2.2% from a year ago
were up 2.2% from a year ago
What does a Loan Workout Officer do?
Loan Workout Officer in Spokane, WA
After collecting and verifying all the required financial documents, the loan officer evaluates the information they obtain to determine the applicant’s need for a loan and ability to pay back the loan.
December 06, 2019
Loan Workout Officer in Corpus Christi, TX
Loan officers evaluate, authorize, or recommend approval of loan applications for people and businesses.
November 27, 2019
Loan Workout Officer in Indianapolis, IN
Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking.
January 06, 2020