Commercial Loan Workout Officer (Hybrid Remote) - To 90K - Texas - Job 3248 Job at The Symicor Group, Austin, TX

a3Y2cDNGWnpET0R0TUxkRGlpYUJ6ZENtMUE9PQ==
  • The Symicor Group
  • Austin, TX

Job Description

Our client is seeking to fill a Hybrid Remote Commercial Loan Workout Officer role located near either  Austin, McAllen or Laredo, TX . The position is responsible for meeting with clients, performing collections calls and/or correspondence in a goal-oriented environment on delinquent C&I, CRE and SBA borrowers.

This opportunity has a base salary of up to $90K generous bonus and full benefits package. Some travel required.

Commercial Loan Workout Officer responsibilities include:

  • Providing portfolio management of assigned commercial customers.
  • Working with assigned portfolio clients to coordinate the accumulation of all information required to perform reviews.
  • Communicating regularly and effectively with borrowers that are seriously delinquent to identify and counsel them on the best workout options available.
  • Reviewing loan files to ensure the completeness of the file and that all collateral has been secured properly.
  • Negotiate workouts with all involved parties (borrowers, guarantors, SBA, and any other participants, etc.) from initial workout request to final close of workout.
  • Preparing credit presentations/memos as appropriate related to portfolio clients including financial and collateral analysis.
  • Recommending risk rating changes as appropriate.
  • Providing customer service regarding collection issues.
  • Researching delinquent accounts including documentation and file review and coordinate the optimum method to ensure receipt of payments.
  • Resolving customer discrepancies and short payments.
  • Ensuring through constant monitoring the potential accounts that could become non-accruing and/or require specific reserve allocations through the impairment process are identified and managed.
  • Ensuring all credit and collection policies, procedures, practices, and documentation meet federal and state regulations.
  • Performing other duties or special projects as required or as assigned.

Requirements

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

  • Bachelor’s degree in business administration, Finance, Accounting, or related field.
  • Four or more years of Portfolio Manager experience in managing commercial loan accounts, preferably SBA loans.
  • Advanced knowledge of SBA loan structuring, underwriting, documentation, credit, and credit risk management.
  • Experience in identifying documentation risks, addresses, and /or negotiating them to resolution as well as determining when to elevate risk situations to the appropriate individuals.
  • Formal Credit Training is preferred.
  • Highly accurate data entry skills and strong level of skill working with a variety of PC and internet applications, including Excel, Word, and PowerPoint and the ability to navigate key industry specific Internet sites.
  • Strong multi-tasking, time management, thoroughness, and accuracy skills required.
  • Solid communication and organizational skills with focus on teamwork and cooperation.
  • A high level of confidentiality is required.
  • Working knowledge of federal and state banking regulations.
  • Ability to work under deadlines with frequent interruption.

Benefits

This opportunity has a base salary of up to $90K generous bonus and full benefits package. Some travel required.

Job Tags

Full time, Remote job,

Similar Jobs

WESCO

Marketing Specialist- Paid Search Job at WESCO

 ...responsible for paid search activities, such as the creation, execution, reporting, and optimization of search engine marketing or pay-per-click (PPC) strategies that improve relevant website traffic and drive conversions.**Responsibilities:**+ Execute the planning,... 

GIA Legacy Planning

Licensed Life Insurance Agent Job at GIA Legacy Planning

 ...Licensed Insurance Agent Company: GIA Legacy Planning Location: Work from Home Job Type: Full-Time | Part-Time |Uncapped Commission-Based About Us: Here, we're more than just an insurance agency; we're a family dedicated to helping individuals and... 

Jacksonville Area Legal Aid, Inc.

Attorney Job at Jacksonville Area Legal Aid, Inc.

 ...Aid in 1973. The organization achieved 501(c)3 status in 1976. JALA now serves 17 counties of North Florida, including Alachua, Baker, Bradford, Clay, Columbia, Dixie, Duval, Gilchrist, Hamilton, Lafayette, Levy, Madison, Nassau, St. Johns, Suwannee, Taylor, and Union.

Dunkin'

District Manager Job at Dunkin'

 ...Brewing Brand is currently hiring for a DISTRICT MANAGER to join our Dunkin network! Fuel Your Future with Dunkin! Our Managers are out early and home in time for what matters mostfamily, friends, and fun. Run with us and enjoy work-life balance like never before... 

Hana Group

Franchise Business Partner Job at Hana Group

 ...re passionate about food, thrive in dynamic environments, and want to be part of a company thats growing across the U.S., Hana Group...  ...fit for you. Job Description The Franchise Business Partner is responsible for overseeing our sushi bars and Asian cuisine...