Current jobs related to Loan Workout Specialist - Four States - The Ladders


  • Hillsboro, OR, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.   In the Role Deliver results related to individual and...


  • Olathe, KS, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.   In the Role Deliver results related to individual and...


  • Omaha, NE, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.   In the Role Deliver results related to individual and...


  • Euclid, OH, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.  In the RoleDeliver results related to individual and...


  • Kelso, WA, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.    In the Role  Deliver results related to...


  • Yakima, WA, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.   In the Role Deliver results related to individual and...


  • Orem, UT, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.   In the Role Deliver results related to individual and...


  • , CA, United States OneMain Financial Full time

    About the RoleAt OneMain Financial, we're looking for a skilled Consumer Loan Sales Specialist to join our team. As a Consumer Loan Sales Specialist, you will be responsible for empowering customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses.Key ResponsibilitiesDeliver results related to...


  • Southfield, MI, United States OneMain Financial Full time

    PUT YOUR CAREER IN MOTION AS A CONSUMER LOAN SALES SPECIALIST At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow...


  • Chicago, IL, United States Wintrust Financial Full time

    Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank...


  • Long Beach, CA, United States OneMain Financial Full time

    PUT YOUR CAREER IN MOTION AS A CONSUMER LOAN SALES SPECIALISTAt OneMain, Consumer Loan Sales Specialists empower customers listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.IN...


  • Long Beach, CA, United States OneMain Financial Full time

    PUT YOUR CAREER IN MOTION AS A CONSUMER LOAN SALES SPECIALIST At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their...


  • Fargo, ND, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.  In the RoleDeliver results related to individual and...


  • Fargo, ND, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.In the RoleDeliver results related to individual and branch...


  • Lexington, KY, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.  In the RoleDeliver results related to individual and...


  • Boise, ID, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.    In the Role  Deliver results related to...


  • Westminster, CO, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.    In the Role  ·       Deliver results...


  • Youngstown, OH, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.   In the RoleDeliver results related to...


  • Shepherdsville, KY, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.  In the RoleDeliver results related to individual...


  • Columbia, SC, United States OneMain Financial Full time

    At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.  In the RoleDeliver results related to individual and...

Loan Workout Specialist

2 months ago


Four States, United States The Ladders Full time
NewtekOne®, ((NASDAQ: NEWT) Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses, and reduce their risk.

Newtek's and its subsidiaries' business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.

Small Business Lending is looking for a Loan Workout Specialist.

Under the direction of the SVP, Asset Management, incumbent will establish relationships with existing borrowers to identify and resolve problems in an effort to reduce delinquent accounts. Incumbent will use both advanced collection and credit skills to identify red flags. Directly responsible for the maintenance, processing and administration of high risk rated loans. Will successfully cross-sell appropriate and/or additional company products and services to new and existing customers.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES: (other duties may be assigned as needed)
  • Responsible for the maintenance and restructure of past due loans as necessary
  • Collection calls for all loans over 30 days past due
  • Analyze and identify problems from verbal conversations
  • Follow-up with borrowers/guarantors for updated personal financial statements and/or tax returns
  • Review financial condition and operating trends of clients for changes adversely affecting asset quality and value of the business
  • Negotiate adjusted payment time frames in order to reduce delinquent accounts
  • Responsible for periodic credit write-up on accounts for management review
  • Participate in the documentation and implementation of loan amendments and restructures
  • Act as liaison and work closely with the SBA
  • Ordering site visits on all accounts past due payments forty-five (45) days or more
  • Assist the manager on field calls when applicable
  • Prepare monthly reports for senior management
  • Cross Selling other Newtek services to a new or existing customer with the belief that you are creating a partnership and serving the customer by introducing them to additional products or services that assist the business owner in increasing sales, reducing expenses and minimizing risk
  • When an opportunity is uncovered the customer should be live transferred to the appropriate Business Service Specialist (BSS) or a referral should be put into Newtracker
KNOWLEDGE, SKILLS, AND ABILITIES:
  • Computer literate; proficient with Microsoft Office products, i.e. Word, Excel, etc.
  • Excellent attention to detail, follow up and problem solving
  • Strong analytical, negotiation and organization skills
  • Keen listening, verbal and written communication skills
  • Ability to resolve problems with minimal guidance
  • Experience with PCSF 2000 Loan Manager loan system preferred
  • Must be familiar with Bankruptcy Code Chapters (7, 11, 13) and must be able to work effectively with outside attorneys
  • Knowledge of foreclosures (judicial, non-judicial, deed in lieu of foreclosure, ff&e and corporate stocks) is a must
  • Working understanding of loan collection, regulations and legal collection process
  • Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently and within established time frames.
  • Ability to establish and maintain effective work relationships both internally and externally.
  • Knowledge of banking principals, policies, and procedures.
  • Minimum of five (5) years experience handling commercial transaction
  • Bachelor's Degree with an Accounting background preferred with complete reconciliation experience.

Salary Range - $80,000 to $120,000

Newtek is an Equal Opportunity Employer; M/F/D/V. We require all of our employees to perform work in an ethical manner and uphold our Code of Business Conduct and Ethics at all times.