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Home > New Jobs > Commercial Loan Workout Officer Job in Mt. Laurel 08054, New Jersey US

Commercial Loan Workout Officer Job in Mt. Laurel 08054, New Jersey US

Job Category: New Jobs

Let Sun Power Your Future! At Sun National Bank we dont offer you a jobwe offer you a future.

Sun is a place where your opinions count, where your opportunity for advancement is uncapped, and where your future is bright.

At Sun every employee is a leader in a workplace where openness, opportunity, enthusiasm and a sense of purpose drives our company toward excellence.

Integrity - Teamwork - Performance - Commitment - Accountability - Leadership are not just words but the values we live by. Sun National Bank is a New Jersey-based bank with 65 locations throughout the state that remains focused on New Jersey families, New Jersey businesses and New Jersey communities.Sun is strong because we are a conservatively-managed bank that has always focused on disciplined and safe business practices that ensure the security of our customers assets.

We have no exposure to sub-prime mortgages, and no investment in Fannie Mae or Freddie Mac. As other financial institutions are struggling we are poised for growth.

Come be a part of the future.

We are committed to a high-performance culture one that values diversity, continuous learning, employee commitment and community involvement while providing incentives, rewards and advancement opportunity.

Sun National Bank is currently seeking a Loan Workout Officer to restructure problem commercial, business banking, and/or real estate loans of moderate size and complexity.

What will you do

1. Restructure problem business banking, commercial, real estate, and loans of moderate size and complexity2 Maintain portfolio of troubled accounts, including preparation of periodic status reports, and manage toward resolution3 Interact with loan workout officers, lending officers, and borrowers to better secure collateral, equity, or other assets of the borrower.

What are we looking for? · Minimum 3 years loan workout experience in banking, real estate or other financial institution.

(Level II requires a minimum of 6 years loan workout experience.

)· Experience overseeing auctions and the liquidation of collateral.

· Bachelors degree, preferably in Business, with concentration in Finance or Accounting.

Working knowledge of bankruptcy, real estate, and state collection laws.

· Working knowledge of process of managing and selling real estate.

· Working knowledge of banking regulations, credit approvals, loan documentation, collateral valuation, and banking policy.

· Ability to understand loan accounting systems.

· Computer user proficiency with Microsoft Office (Word, Excel, Power Point).

NO RELOCATION OFFERED We reward our talented professionals with a competitive compensation package, medical, dental, vision, life, 401(k), generous paid time off and holidays, tuition reimbursement after 3 months, EAP, free banking privileges and an exceptional working environment.

To explore this opportunity to join Sun National Bank., click the apply online button or to explore other rewarding opportunities at Sun visit our website at http://www.

sunnbnj.com/home/about.careers EOE, M/F/D/V.

Sun National Bank has approximatel

3. 4 Billion in assets, 65 community banking locations, and approximately 750 team members.

Sun National Bank offers a broad array of financial services and products including retail banking, business and commercial banking, cash management, wealth management and insurance.

For more information on Sun National Bank, visit www.sunnb.com or call 1-800-SUN-9066

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