Retail Loan Workout Relationship Specialist - Midvale (In Office)
About The Position
The Bank strives to rehabilitate credits experiencing various issues whenever possible, whether the credit is managed by a lending unit or the Consumer Special Assets Group (CSAG). We believe partnership between the lending units and CSAG is not only beneficial, but that proactive problem credit management is better achieved when good working relationships between these groups are fostered and maintained. This role will provide valuable assistance in tracking and managing the Team’s portfolio of these problem credits. This role will report to the new Enterprise Technology Center in Midvale, UT in office Monday through Friday.
Requirements
- Requires a High School diploma or equivalent
- 4+ years experience with consumer loan processes, credit, credit and lending analysis, banking or other directly related experience.
- A combination of experience and a college degree may meet qualifications.
- Advanced knowledge of loans, credit reviews, foreclosures, taxes, insurance, appraisals
- Must have excellent judgment, time management, customer service and computer skills.
- Ability to work with relationship managers and clients as needed.
Responsibilities
- Responsible for ordering appraisals, broker price opinions, environmental and foreclosure reports, track and follow collateral insurance.
- Assists Consumer Loan Workout Officer with securing collateral, equity, or assets of the borrower to preserve the loan principal to prevent or limits losses.
- Assists with the liquidation real estate or other assets as necessary.
- Develops good working relationships with internal and external industry contacts.
- Maintains files and reports, inputs data in Bank systems.
- Responsible for maintaining forms and documenting/preparing outgoing correspondence for Consumer Loan Workout Officers to borrowers.
- Inputs financial data into systems.
- Assist consumer loan workout officers with determining if borrowers are in the military or bankruptcy to determine work out strategies.
- Other duties as required.
Benefits
- Benefits starting on day one
- 12 bank holidays
- Profit sharing
- Company-matched 401(k) contributions
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
