Union Bank, a highly successful community bank headquartered in Morrisville, VT, with locations throughout northern Vermont and New Hampshire, is seeking an experienced Workout and Collections Officer.
This individual will be responsible for the workout and collection of delinquent and problem residential and consumer loans to limit credit losses, following established lending, secondary market, government agency, policies, procedures, and criteria. Activities include establishing trial payment period plans, special payment arrangements, loan modifications, as well as processing foreclosures, repossessions and small claims filings. Working with the Sr. Residential & Consumer Loan Officer, this individual will coordinate the management and liquidation of real estate properties held by the bank.
The successful candidate will have a minimum of five years of banking experience, particularly in residential and consumer lending. An Associates or Bachelors degree in Business or related field is preferred. Having prior experience in residential loan workouts and collections is a plus, but we will train the right individual for the position.
Salary will be commensurate with experience. Union Bank offers a comprehensive benefits program including three medical and two dental insurance plan options, 401(k) retirement plan with a generous company match, life and disability insurance, and paid vacation and sick leave along with continuing education opportunities.
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