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Loan Workout Officer

Company: VirtualVocations
Location: Lowell
Posted on: May 3, 2025

Job Description:

A company is looking for a Loan Workout Officer.
Key Responsibilities

Maintain and restructure past due loans as necessary
Conduct collection calls for loans over 30 days past due and analyze borrower financial conditions
Cross-sell additional company products and services to new and existing customers

Required Qualifications

Minimum of five (5) years' experience handling commercial transactions
Bachelor's Degree with an Accounting background preferred
Familiarity with Bankruptcy Code Chapters (7, 11, 13) and foreclosure processes
Experience with PCSF 2000 Loan Manager loan system preferred
Knowledge of banking principles, policies, and procedures

Keywords: VirtualVocations, Brockton , Loan Workout Officer, Other , Lowell, Massachusetts

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