U.S. Bank Corp

Special Loans Workout Officer

U.S. Bank Corp

Minneapolis, MN, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

Are you a highly skilled and motivated individual with a passion for helping others? Look no further, as U.S. Bank Corp is seeking a dedicated Special Loans Workout Officer to join our team. In this role, you will play a crucial part in assisting our clients with unique financial situations. We are searching for a candidate with exceptional problem-solving skills, a strong understanding of loan products, and the ability to work well under pressure. If you are ready for a challenging and rewarding career, we encourage you to apply today.

  1. Conduct thorough analysis of clients' financial situations and loan products to determine appropriate course of action.
  2. Develop and implement workout plans for clients with unique financial circumstances.
  3. Communicate effectively with clients to understand their needs and provide them with personalized solutions.
  4. Collaborate with internal teams and external stakeholders to ensure timely and effective resolution of clients' financial issues.
  5. Keep up-to-date with industry regulations and changes in loan products to provide accurate and relevant advice to clients.
  6. Maintain accurate and organized records of clients' cases and progress.
  7. Proactively identify potential issues and risks and develop strategies to mitigate them.
  8. Provide exceptional customer service to build and maintain strong relationships with clients.
  9. Work efficiently under pressure to meet tight deadlines and achieve goals.
  10. Continuously assess and improve processes and procedures to increase efficiency and effectiveness of loan workouts.
  11. Represent the organization in a professional and ethical manner at all times.
  12. Stay updated on industry best practices and trends, and incorporate them into daily work.
  13. Provide mentorship and support to junior team members.
  14. Adhere to company policies and procedures, as well as regulatory requirements.
  15. Maintain confidentiality of sensitive client information.
Where is this job?
This job is located at Minneapolis, MN, USA
Job Qualifications
  • Strong Analytical And Problem-Solving Skills

  • Excellent Communication And Negotiation Skills

  • Bachelor's Degree In Finance, Accounting, Or A Related Field

  • Minimum Of 3-5 Years Experience In Loan Workout Or Commercial Lending

  • Knowledge Of Banking Regulations And Laws Related To Loan Workouts

Required Skills
  • Financial Analysis

  • Communication

  • Time Management

  • Negotiation skills

  • Problem Solving

  • customer service

  • Credit Analysis

  • Risk assessment

  • Attention to

  • Legal Knowledge

  • Debt Management

  • Loan Restructuring

Soft Skills
  • Communication

  • Conflict Resolution

  • Customer Service

  • Emotional Intelligence

  • Leadership

  • Problem Solving

  • Time management

  • creativity

  • Teamwork

  • Adaptability

Compensation

According to JobzMall, the average salary range for a Special Loans Workout Officer in Minneapolis, MN, USA is $70,000 to $100,000 per year. This can vary depending on the specific company, experience level, and other factors. Additionally, bonuses and benefits may also be included in the overall compensation package for this position.

Additional Information
U.S. Bank Corp is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedMarch 13th, 2024
Apply BeforeMay 22nd, 2025
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About U.S. Bank Corp

U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, which is the 7th largest bank in the United States.

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