Talent.com
Credit Workout Officer II
Credit Workout Officer IINorthwest Bank • Fishers, IN, United States
Credit Workout Officer II

Credit Workout Officer II

Northwest Bank • Fishers, IN, United States
[job_card.30_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

Job Description

The Credit Workout Officer II is responsible for performing a variety of duties including meeting with borrowers, evaluating management teams, and business plans to determine whether to retain or exit credit.

Essential Functions

  • Ensure integrity of loan documentation
  • Review loan documents for perfection of collateral
  • Analyze financial statements
  • Identify and resolve problems / issues
  • Record all agreements and conversations
  • Prepare correspondence and documentation with regards to workout plan
  • Discuss grades and workout procedures
  • Issue demands letters
  • Monitor collection activity, and bankruptcies
  • Obtain judgments
  • Establish Workout plans
  • Report agreed payment terms and plans
  • Locate collateral / inspection
  • Coordinate foreclosures
  • Partner with loan officers
  • Prepare for litigation
  • Coordinate sale of acquired assets / with appropriate staff, liquidation of assets and sales, and legal plan action with counsel
  • Order appraisals
  • Initiate Charge-offs / write downs
  • Prepare reviews on workout loans, and quarterly workout updates
  • Familiarity with & knowledge of the SBA Standard Operating Procedures (SOP).
  • Liquidation of SBA 7 & 504 Loans
  • Participate in quarterly SAG Watch Calls and preparation of CRIT Forms
  • Ensure compliance with Northwest's policies and procedures, and Federal / State regulations
  • Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency
  • Work as part of a team
  • Work with on-site equipment

Education and Experience preferred

  • Bachelor's degree in business, accounting, finance or related
  • 3-5 years of experience related to commercial lending including special assets, loan review, credit and / or lending
  • Ability to analyze data related to bankruptcy, foreclosure, and repossession
  • This position will be performed onsite Monday - Thursday with Friday an option work from home day.

    Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

    [job_alerts.create_a_job]

    Credit Officer • Fishers, IN, United States

    [internal_linking.related_jobs]
    Travel Nurse RN - Intensive Care Unit (ICU) / Critical Care - $2,452 per week in Indiana

    Travel Nurse RN - Intensive Care Unit (ICU) / Critical Care - $2,452 per week in Indiana

    TravelNurseSource • All Cities, IN, US
    [job_card.full_time]
    TravelNurseSource is working with Care Career to find a qualified ICU / Critical Care RN in Indiana!.ICU registered nurses (RNs) provide care to critical medical, surgical and traumatized patients.Cl...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    CDL-A Refrigerated Owner Operator in Indiana

    CDL-A Refrigerated Owner Operator in Indiana

    AllTruckJobs • All Cities, IN, US
    [job_card.full_time]
    At EMBA ZHS, we’re building long-term partnerships with serious Owner-Operators who want more control, more transparency, and more profit. No Forced Dispatch – Run your way.No Hidden Fees – Total tr...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    CRNA Needed for Locum Tenens Coverage at Facility in Carmel, Indiana

    CRNA Needed for Locum Tenens Coverage at Facility in Carmel, Indiana

    LocumTenens • Carmel, Indiana, United States
    [job_card.full_time]
    This Job at a Glance Job Reference Id : ORD-205508-CRNA-IN Title : CRNA Dates Needed : January - Ongoing Shift Type : Day Shift Assignment Type : OR Call Required : Negotiable Board Certification Require...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Mortgage Loan Officer - Indianapolis, IN

    Mortgage Loan Officer - Indianapolis, IN

    Regions Bank • Indianapolis, IN, United States
    [job_card.full_time]
    Thank you for your interest in a career at Regions.At Regions, we believe associates deserve more than just a job.We believe in offering performance-driven individuals a place where they can build ...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Travel Occupational Therapist (OT) - $1,809 to $1,958 per week in Kokomo, IN

    Travel Occupational Therapist (OT) - $1,809 to $1,958 per week in Kokomo, IN

    AlliedTravelNetwork • Kokomo, IN, US
    [job_card.full_time]
    AlliedTravelNetwork is working with Host Healthcare to find a qualified Occupational Therapist (OT) in Kokomo, Indiana, 46902!. Host Healthcare is an award-winning travel healthcare company with an ...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Associate Actuary

    Associate Actuary

    Munich RE • Carmel, IN, United States
    [job_card.full_time]
    Amelia, United States; Akron, United States; Ann Arbor, United States; Athens, United States; Atlanta, United States; Augusta, United States. Bremen, United States; Carmel, United States; Cary, Uni...[show_more]
    [last_updated.last_updated_30] • [promoted]
    ObGyn Hospitalist

    ObGyn Hospitalist

    RecruitWell • Fishers, Indiana, US
    [job_card.full_time]
    ObGyn Hospitalist physician job in Indiana : .Locums OB Laborist | Fishers, IndianaIMLC Accepted.Minimum Monthly Requirement : 2 shifts per month. Call Coverage : In-house call only; call shared with ...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Entry Level Insurance Sales - Bonuses and Travel Incentives

    Entry Level Insurance Sales - Bonuses and Travel Incentives

    Platinum Supplemental Insurance • Kokomo, Indiana
    [job_card.full_time]
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Travel Occupational Therapist (OT) - $1,958 per week in Kokomo, IN

    Travel Occupational Therapist (OT) - $1,958 per week in Kokomo, IN

    AlliedTravelCareers • Kokomo, IN, US
    [job_card.full_time]
    AlliedTravelCareers is working with Centra Healthcare Solutions to find a qualified Occupational Therapist (OT) in Kokomo, Indiana, 46902!. Centra Healthcare Solutions is seeking an experienced Occu...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Travel CT Tech - $2211 / Week

    Travel CT Tech - $2211 / Week

    Cynet Health • Carmel, IN, US
    [job_card.full_time]
    Cynet Health is seeking an experienced CT Tech for an exciting Travel Allied job in Carmel, IN.Shift : 4x8 hr days Start Date : 12 / 15 / 2025 Duration : 13 weeks Pay : $2211 / Week.Ranked #5 Best Travel N...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    SBA Business Development Officer II

    SBA Business Development Officer II

    Busey Bank • Carmel, IN, United States
    [job_card.full_time]
    The SBA Business Development Officer II is responsible for developing, managing, and maintaining borrowing relationships related to SBA 7(a) lending. This position is responsible for the development...[show_more]
    [last_updated.last_updated_30] • [promoted]
    OB / GYN Full Scope – Locum Tenens

    OB / GYN Full Scope – Locum Tenens

    OBStat • Indiana, US
    [job_card.permanent]
    Indiana Regional Medical Center – Indiana, PA.OB / GYN Full Scope – Locum Tenens (with option to extend or transition to a permanent role) . Indiana Regional Medical Center ...[show_more]
    [last_updated.last_updated_30] • [promoted]
    United States Customs and Border Protection Officer

    United States Customs and Border Protection Officer

    U.S. Customs and Border Protection • Noblesville, Indiana, US
    [job_card.full_time] +1
    Customs and Border Protection Officer (CBPO).A high number of candidates may make applications for this position, so make sure to send your CV and application through as soon as possible.Customs an...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Private Wealth Advisor II

    Private Wealth Advisor II

    Old National Bank • Indianapolis, IN, United States
    [job_card.full_time]
    Old National Bank has been serving clients and communities since 1834.With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve.As a trusted part...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Sr Director Rebate Invoice and Audit - Synergie Medication Collective

    Sr Director Rebate Invoice and Audit - Synergie Medication Collective

    Blue Cross Blue Shield Association • Indianapolis, IN, United States
    [job_card.full_time]
    The hiring range for this role is : .This is the lowest to highest salary we.A candidate's position within the.Note : No amount of pay is considered to be wages or compensation until such amount is ea...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Travel CT Tech - $2198.76 / Week

    Travel CT Tech - $2198.76 / Week

    FlexCare • Indianapolis, IN, US
    [job_card.full_time]
    FlexCare is seeking an experienced CT Tech for an exciting Travel Allied job in Indianapolis, IN.Shift : 3x12 hr nights Start Date : 12 / 28 / 2025 Duration : 13 weeks Pay : $2198.Why Clinicians Choose Fle...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Vendor Compliance Auditor

    Vendor Compliance Auditor

    Capstone Logistics, LLC • Indianapolis, IN, US
    [job_card.full_time]
    This role is responsible for auditing the quality of incoming loads, ensuring compliance with established standards, and identifying any deviations. Observe the quality of loads on arrival.Identify ...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Collections Specialist

    Collections Specialist

    CFS • Indianapolis, IN, US
    [job_card.full_time]
    High-impact role where your Collections work directly strengthens cash flow and business stability.Stable, growing Indianapolis company with a supportive, team-focused culture.Great exposure to rea...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]