Loan Workout Officer Iii

3 weeks ago

Lancaster, United States Fulton Bank Full time

Value Proposition:
Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

Overview:
This is a Hybrid role that can be based in PA, MD, NJ, DE, or VA

The primary responsibility of this role is to develop, recommend and implement viable workout plans on the most complex problem commercial loans and commercial mortgages within Fulton Bank. Incumbents in this role will ensure that these accounts are properly monitored for debt repayment or, in the alternative, foreclosure or liquidation of assets to minimize or prevent loss or maximize recovery.

**Responsibilities**:

- Manages a commercial loan and commercial mortgage loan portfolio consisting of the most complex criticized credits by interacting with attorneys, creditors, internal credit and policy officials, lenders and other third parties at the highest levels.
- Develops effective workout plans for commercial loans with established legal bounds in order to shield the organization from potential lender liability.
- Recommends appropriate workout plans on most complex credits which translates into acceptable payments or, in the alternative, moves the account towards foreclosure or liquidation.
- Performs loan reviews of the problem credits with the ability to properly analyze any financial and or documentation issues.
- Evaluates, manages and markets the bank owned property including Other Real Estate Owned, in order to maximize financial return to the bank.
- Consults on deteriorating complex credits, at the recommendation of senior management, loan committee or loan review committee and recommends the appropriate course of action to the officer in handling a problem account.
- Appropriately monitors the progress of workout accounts and recommends any required changes in action necessary to minimize loss or prevent losses.
- Assists the Loan Workout Manager in the monitoring of accounts being handled by Loan Workout Officers II and I as well as management trainees.
- Effectively negotiates with attorneys, debtor companies, and other creditors and lending employees to secure appropriate workout arrangements.
- Recommends accounting changes for nonaccrual and charged off loans.

Qualifications:
**Education**:
Bachelor Degree or the equivalent experience. Specialty: Relevant degree pertaining to the essential duties of this role. (required)

**Experience**:
5 or more years Bank loan workout. (required)
:
This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Pay Transparency:
The salary range for this position is $84,100.00 - $140,200.00 annually.

**Additional Compensation Components**

**Benefits**:
Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

EEO Statement: Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status. Sponsorship Statement:
As a condition of employment, individuals must be authorized to work in the United States without spo

  • Loan Officer

    3 weeks ago

    Lancaster, United States Guild Mortgage Full time

    The Loan Officer plays an important role in the organization by performing a variety of activities directly related to the company's Production functions. The role is primarily responsible, under moderate supervision, for providing quality relations Loan Officer, Officer, Processing, Customer Service, Business Services, Application

  • Loan Officer

    2 days ago

    Lancaster, United States Paramount Residential Mortgage Group 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 have an unmatched Culture. We look forward to helping you succeed as an Originator. Responsibilities: Essential Job Functions: Organization: Develops and...

  • Banking Specialist III

    1 month ago

    Lancaster, United States PeoplesBank Full time

    Job DescriptionJob DescriptionPosition SummaryThe Traveling Banking Specialist III (Lancaster/Oregon Pike/York) will serve on the Retail Support team as client service and primary new account and loan representative for the financial centers supported. This position will demonstrate strong client conversational skills utilizing the Bank defined conversation...

  • Mortgage Loan Officer

    7 days ago

    Lancaster, United States Fulton Bank Full time

    Value Proposition: Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and...

  • Customer Service Representative

    1 day ago

    Lancaster, United States Navy Times Full time

    Customer Service Representative (Loan Consultant II) At a glance Location: US-PA-Lancaster, PA Posted: 03/03/2022 Closing: 04/02/2022 Degree: Not Specified Type: Full-Time Experience: Not Specified Job description At Lendmark Financial Services, we believe the success of our company is specifically attributable to the quality of our employees and their...

  • Counselor III

    1 month ago

    Lancaster, United States Amity Foundation Full time

    Job DescriptionJob DescriptionAmity Foundation, an internationally acclaimed Teaching and Therapeutic Community, is seeking compassionate and enthusiastic individuals with a desire to teach, learn and join our community as a Certified Substance Abuse Counselor III at our in-prison facilities. This groundbreaking opportunity not only will be working in our...

  • Business Office Manager

    1 month ago

    Lancaster, United States Country Village Center Full time

    **Country Village Center seeks a Business Office Manager** **FULL TIME / BENEFITS / DAYS / MONDAY THROUGH FRIDAY!** **Benefits**: - $24.00 - $26.00 per hour - Tuition, Travel, and Wireless Service Discounts - Employee Assistance Program to support mental health - Employee Foundation to assist financially with unforeseen hardships - Diverse, Equitable, and...

  • Teller - Lancaster Memorial Drive Office

    2 weeks ago

    Lancaster, United States Scopeair Full time

    ** Teller - Lancaster Memorial Drive Office** **Job Category****:** Branch Delivery **Requisition Number****:** TELLE003403 Showing 1 location **Job Details** **Description** **RESPONSIBILITIES** * Ensure customers are promptly and professionally served and meet branch objectives by effectively cross-selling financial products and services * Provide a wide...

  • Recreation Program Leader

    1 day ago

    Lancaster, United States City of Lancaster Full time

    **Closing date**:May 17th, 2024, 9:00 pm [PST]**: **Position: Recreation Program Leader**: **Department: PARCS**: **Classification: Temporary/Part Time**: **Salary Range: $17.95 - $20.78/hour**: **Non-Exempt - Overtime Eligible**: **Job Summary**: Under general supervision, a Recreation Program Leader will assist by performing clerical duties such as...

  • Occupational Therapist Officer Careers NJ PA DE MD

    2 days ago

    Lancaster, United States US Navy Full time

    Navy Sailors work in the toughest conditions in every climate imaginable. Resilience is part of the job. So when a Sailor needs rehabilitation, it’s up to the Navy’s top Physical and Occupational Therapists to get them back in shape so they can return to their duties. OCCUPATIONAL THERAPIST The Navy employs top Occupational Therapists to work with...

  • Quality Assurance Officer

    10 hours ago

    Lancaster, United States New Horizons Mental Health Services Full time

    Job Type Full-time Description For over 50 years, New Horizons Mental Health Services has worked to improve the health and wellbeing of individuals, families, and the community through our services. We are currently seeking a full-time Quality Assurance Officer in Lancaster, Ohio. POSITION DESCRIPTION: The QAO leads agency quality assurance efforts,...

  • Relationship Manager Iii

    1 month ago

    Lancaster, United States PNC Financial Services Group Full time

    Job Profile Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute...

  • Chief Financial Officer

    4 hours ago

    Lancaster, United States B2BCFO Full time

    1 month ago Be among the first 25 applicants Seeking An Experienced CFO Are you a driven and entrepreneurial CFO with experience in helping business owners improve their business? Would you like to guide business owners in selling or buying privately held companies? Would you like to be rewarded for your skill and experience? Are you seeking a unique...

  • Assistant Office Support Supervisor

    20 hours ago

    Lancaster, United States Lancaster County, PA Full time

    Discover a rewarding career with us! Our full-time positions come with an array of excellent benefits including comprehensive healthcare coverage, a pension plan, flexible spending accounts and even a student loan reimbursement program. At Lancaster County, we understand the importance of work-life balance. That's why we offer paid time off for sick,...

  • Software Engineer III

    2 weeks ago

    Lancaster, United States Penn Foster Inc Full time

    POSITION SUMMARY: Join the NASA Wallops Flight Facility team with your software engineering and development skills to support NASA’s Direct to Earth (DTE) (formerly Near-Earth Network [NEN]) that connects scientists and mission controllers to critical spacecraft data. More than 20 tracking sites around the globe provide the communications link that allows...

  • Chief Financial Officer

    6 hours ago

    Lancaster, United States B2BCFO Full time

    Seeking An Experienced CFO Are you a driven and entrepreneurial CFO with experience in helping business owners improve their business? Would you like to guide business owners in selling or buying privately held companies? Would you like to be rewarded for your skill and experience? Are you seeking a unique opportunity to control your career while building a...

  • Full Time Neurology Physician

    1 week ago

    Lancaster, United States BAS Healthcare Locums, LLC Full time

    Location: Northern New Hampshire, situated in the picturesque White Mountains region. This town is known for its scenic beauty, outdoor recreational opportunities, and historic architecture.Facility: Medical center that serves as a primary care and acute care hospital providing a range of medical services, including primary care, emergency care, surgical...

  • Solar & Bess Technician Iii

    6 days ago

    Lancaster, United States AES Corporation Full time

    Are you ready to be part of a company that's not just talking about the future, but actively shaping it? Join The AES Corporation (NYSE: AES), a **Fortune 500 company** that's leading the charge in the global energy revolution. With operations spanning **14 countries**, AES is committed to shaping a future through innovation and collaboration. Our dedication...

  • Physician Assistant

    1 week ago

    Lancaster, United States Lyle Health Full time

    Our client in Lancaster, CA is looking to add a full time Certified Physician Assistant. This position is a 50/50 split between the OR and clinic; general orthopedic cases. Licensed new graduates are encouraged to apply, previous experience in ortho preferred.Description:Work alongside an established orthopedic teamAssist in surgery, treat pre and post...

  • OBGYN Generalist and Laborist

    1 week ago

    Lancaster, United States Stratton Group LLC Full time

    Largest OBGYN group in Lancaster County, PA is looking for a Laborist, an OBGYN Generalist, a CNM and an NP. This well-established group is consistently voted best OBGYN group in the County and is over 50 years old. They currently employ 15 OBGYN physicians, 5 NPs, and 11 CNMs. The CNMs do the lions share (approx. 90%) of the deliveries and physicians back...