Loan Workout Specialist II


: $93,820.00 - $174,440.00 /year *

Employment Type

: Full-Time


: Financial Services - Banking/Investment/Finance

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ENTERPRISE BANK, a successful and innovative commercial bank, is growing! Bring your passion for providing exceptional customer experiences and join our dynamic team. We strive to create a work culture that reflects our Banks Core Values and entrepreneurial spirit. We value the entrepreneurial spirit and are dedicated to helping create successful businesses, jobs, opportunities, wealth, and strong, vibrant communities. Were proud to have been honored multiple times by The Boston Globe as one of the Top Places to Work in Massachusetts. We create a supportive environment where cultures, collaboration, and customers come together, and youll have the power to make a difference in our company and in the communities we serve. Our total rewards philosophy and benefits package are designed to reward you for your hard work while helping you enjoy a healthy and enriched life. For more information about Enterprise Bank, please visit We have an exciting new opportunity for our growing Special Assets department. We are seeking a Loan Workout Specialist II who manages a portfolio of troubled commercial and consumer loan relationships and determines the appropriate action steps to mitigate the Banks risk and attempt to bring resolution to troubled loans. Additional responsibilities include restructuring of consumer and commercial loans, handling the marketing and sale of Other Real Estate Owned (OREO) properties, and facilitating the liquidation of assets. A developed knowledge of both credit analysis and commercial and construction lending concepts, practices, and procedures are necessities. Must possess some familiarity with State and Federal regulations regarding consumer and commercial lending. Proven ability to think and work independently, solve problems, exercise sound judgment, and identify alternative procedures in situations that may require quick reaction and shifting priorities is necessary. Excellent customer service, communication, and negotiation skills are a must. Enterprise Bank is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. EOE M/F/Disabled/Vet.Qualifications BEHAVIORS PREFERRED TEAM PLAYER: Works well as a member of a group LEADER: Inspires teammates to follow them ENTHUSIASTIC: Shows intense and eager enjoyment and interest DEDICATED: Devoted to a task or purpose with loyalty or integrity -------------------------Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractors legal duty to furnish information.
Associated topics: banking solution, commercial loan, customer, loan officer, loan underwriter, mortgage loan officer, mortgage loan originator, personal banker i, personal banker ii, personal banker iv * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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