Banking

Loan Workout Associate

Contract

Strategic Staffing Solutions

Job Title: Loan Workout Associate

Location(s): Des Moines, IA (on-site)

Duration:  9 Months

S3 supports and adheres to customer COVID-19 vaccination policies, which may include the disclosure of vaccination status.

This is a Contract Opportunity with our company that MUST be worked on a W2 ONLY, NO C2C eligibility for this position.

To apply: Please email your resume inWord FormattoRonald Smith at: Rsmith1@strategicstaff.comand Reference Job Order #: 221737

Summary

Provide support to internal and external customers in moderately complex initiatives relating to collection portfolio data to reduce delinquency and restructuring of loans within the Loan Workout functional area.

Job Description/Duties

  • Research credit or account information.
  • Perform skip tracing, review workout and restructure problem loans and payment plans.
  • Research vendor program remedies and recourse to determine loss projections.
  • Review low complexity collection portfolio or customer issues, processes, policies, and procedures for which answers can be quickly obtained related to deliverables with narrower impact.
  • Utilize solid understanding of company policies, procedures, and collection systems.
  • Adhere to risk ratings and compliance matters.
  • Identify opportunities for process improvements in Loan Workout area.
  • Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of Loan Workout functions, policies, procedures, and compliance requirements.
  • Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.

Education/Experience

  • 6+ months of Loan Workout, Commercial Lending experience, or equivalent demonstrated through one or a combination of the following:
    • work experience
    • training
    • military experience
    •  

Strategic Staffing Solutions (S3) prides itself on being an international IT Staffing and Solutions Company. Over 30 years’ experience recruiting and managing exceptional IT and Business consultants for customers in the Financial, Energy, Public Sector and Retail Distribution industries. A privately held, financially strong, woman-owned company, S3 is a full-service IT firm, with 24 major market locations in the U.S!

Job ID: JOB-221737
Publish Date: 17 Mar 2023

Tagged as: Loan Workout Associate