| Loan Workout Manager Job Description |
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| The following is a full job description for Loan Workout Manager. Here are the requirements and responsibilities for Loan Workout Manager along with statistics. If after reading this page you determine that Loan Workout Manager is not the position you are looking for, you may want to try one of these similar titles: Banking & Commercial Loan Workout Manager, Loan Workout Officer III, Loan Workout Officer II, Loan Workout Officer I, Commercial Loan Workout Officer II, Commercial Loan Workout Officer III, Commercial Loan Workout Officer IV, Commercial Loan Workout Officer I, Loan Review Manager |
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| Requirements and Responsibilities For 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. Responsible for collecting potential loans that are viable. Develops programs and manages strategies to reach performance goals. Provides guidance and oversight on high complexity or challenging loans. Requires a bachelor's degree. Typically reports to a head of a unit/department. 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. Typically requires 3+ years of managerial experience. |
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| Also referred to as: Commercial Loan Restructuring and Workout Manager |
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| Similar Jobs: Banking & Commercial Loan Workout Manager, Loan Workout Officer III, Loan Workout Officer II, Loan Workout Officer I, Commercial Loan Workout Officer II, Commercial Loan Workout Officer III, Commercial Loan Workout Officer IV, Commercial Loan Workout Officer I, Loan Review Manager |
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| Level of Education: Loan Workout Manager Salaries with a Bachelor's Degree, Loan Workout Manager Salaries with a Master's Degree or MBA, Loan Workout Manager Salaries with a JD, MD, PhD or Equivalent |
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| Industries: Business Services, Financial Services | |
