Special Loans Manager

U.S. Bank • Chicago, IL • 2h ago

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

Responsible for restructuring large and very complex problem loans. Independently analyzes loans and determines the most effective strategy to secure the repayment and/or collection of the debt. Negotiates with debtors or their representatives to secure repayment agreements and monitors adherence to the terms of repayment agreements. Provides technical advice and assistance to lenders regarding the early identification and evaluation of deteriorating loan situations in order to minimize losses and maximize recoveries. Maintains current knowledge of all laws, regulations, and rulings concerning insolvency, bankruptcy, etc. Collaborates closely with a team of workout professionals.

Basic Qualifications

Bachelor's degree in Business or related field, or equivalent work experience

Seven to ten years of experience in commercial lending and loan services activities

Preferred Skills/Experience

Expert knowledge of specialized lending collections

Proficient in navigating complex, sensitive, and challenging situations

Advanced knowledge of commercial lending, loan services and credit policy/procedure

Advanced knowledge of loan collections and workout, loan processing/documentation and credit analysis

Excellent problem-solving and decision-making skills

Strong interpersonal and verbal and written communication skills

This role requires working from a U.S. Bank location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

Healthcare (medical, dental, vision)

Basic term and optional term life insurance

Short-term and long-term disability

Pregnancy disability and parental leave

401(k) and employer-funded retirement plan

Paid vacation (from two to five weeks depending on salary grade and tenure)

Up to 11 paid holiday opportunities

Adoption assistance

Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here (https://careers.usbank.com/global/en/benefits/us) .

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

Similar Jobs

Supply Chain FP&A - Finance Associate Manager - 445932

PepsiCo Corp • Chicago, IL • 19min ago

Finance, Accounting & Banking

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/13421555 Job Description\ \ Overview\ The Supply Chain FP&A PBC Finance Assoc....

19min ago

Go to Apply

FINANCIAL PROGRAM SPECIALIST(FINANCIAL SPECIALIST)

Justice, Bureau of Prisons/Federal Prison System • Chicago, IL • 20min ago

Finance, Accounting & Banking

Summary Corrections professionals who foster a humane and secure environment and ensure public safety by preparing individuals for successful reentry into our communities. Responsibilities Responsible for the accurate an...

20min ago

Go to Apply

Sr. Accountant

Robert Half • Chicago, IL • 1h ago

Finance, Accounting & Banking

Description The salary range for this position is $90,000 - $95,000 plus bonus, and it comes with benefits, including medical, vision, dental, life, and disability insurance. To apply to this hybrid role please send your...

1h ago

Go to Apply

Sr. Accountant

Robert Half • Chicago, IL • 1h ago

Finance, Accounting & Banking

Description The salary range for this position is $90,000 - $110,000 and it comes with benefits, including medical, vision, dental, life, and disability insurance. To apply to this hybrid role please send your resume to...

1h ago

Go to Apply

Personal Banker Associate I - Downtown Region (Fifth Third Center)

Fifth Third Bank, N.A. • Chicago, IL • 2h ago

Finance, Accounting & Banking

Make banking a Fifth Third better®We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Selected candidates are intended...

2h ago

Go to Apply

CSR / Teller - Part Time - Diversey and Clybourn

Fifth Third Bank, N.A. • Chicago, IL • 2h ago

Finance, Accounting & Banking

2h ago

Go to Apply

Claims Director (Multinational Claims)

Hyatt • Chicago, IL • 2h ago

Finance, Accounting & Banking

Description: The Opportunity Hyatt seeks an enthusiastic and well-rounded Claims Director to join our Hyatt Risk's Claims team. You will be responsible for overseeing tender claims and litigated insurance claims. You wil...

2h ago

Go to Apply

Client Manager - Project Finance

U.S. Bank • Chicago, IL • 2h ago

Finance, Accounting & Banking

2h ago

Go to Apply

Lead Finance Specialist 2 - Accounting Operations

GE Aerospace • Chicago, IL • 2h ago

Finance, Accounting & Banking

Job Description Summary The Supply Chain Controllership Analyst will be a key team member of the Technology & Operations (T&O) controllership team, supporting GE Aerospace's closing and reporting processes, inclu...

2h ago

Go to Apply

Director of Finance - Embassy Suites by Hilton Chicago Downtown Magnificent Mile

Hilton • Chicago, IL • 2h ago

Finance, Accounting & Banking

The Embassy Suites by Hilton Chicago Downtown Magnificent Mile is currently hiring a Director of Finance. This position is responsible for overseeing, directing and administering all financial operations of the hotel in...

2h ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.