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Part Time Loan Workout Jobs (NOW HIRING)

CBI Bank & Trust

Collections Specialist

Davenport, IA · On-site

$17.50 - $23.75/hr

... loans, as well as overdraft deposit accounts. The position supports the administration, workout ... Full-time and part-time associates are offered a comprehensive benefit package including medical ...

Orlando Health

Monitor Tech

Orlando, FL · On-site

... workout in before or after your shift. * All Inclusive Benefits (start day one) * Student loan ... part time employees. * Forbes Recognizes Orlando Health as a Best-In-State Employer * Forbes has ...

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Part Time Loan Workout information

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$33.5K

$47.9K

$60.5K

How much do part time loan workout jobs pay per year?

As of Jun 14, 2026, the average yearly pay for part time loan workout in the United States is $47,895.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,500.00 and $53,000.00 per year, depending on experience, location, and employer.
What are the most commonly searched types of Loan Workout jobs? The most popular types of Loan Workout jobs are:
Part Time Loan Workout jobs near you
Loan Collections Representative (Part Time) Loan Administration

Loan Collections Representative (Part Time) Loan Administration

First Commerce Bank

Lakewood, NJ • On-site

$22/hr

Part-time

Posted 13 days ago

Job description

Starting Rate $22.00 per hour (Negotiable contingent upon experience)

Basic Qualifications

Education/Training: High School Diploma or equivalent; specialized collection education/training.

Skill(s): Proficient reading, writing, and grammar skills; proficient mathematics skills; proficient interpersonal relations and communication skills; proficient organizational skills; thorough knowledge of collection policies and procedures, as well as regulations affecting the collection function; proficient PC skills including Microsoft Office and ability to learn job-related software; visual and auditory skills.

Experience: A minimum of one (1) year of related experience required.

General Responsibilities:

Responsible for performing collection and administrative duties to support the loan workout function; coordinating work within the department, as well as with other departments; complying with operating policies and procedures established for the loan workout function; communicating with appropriate personnel; responding to inquiries or requests for information; maintaining appropriate records and providing assigned reports.

Essential Duties:

  1. Performs collection and administrative duties to support the loan workout function of which the following are illustrative:
  1. Receives and reviews a daily computerized listing of all assigned delinquent loans.
  2. Communicates with delinquent borrowers in attempting to obtain late payments, using various means of contact such as telephone, letters, and email; utilizes effective relations skills and various forms of persuasion to present a positive Bank image in an already negative situation.
  3. Utilizes methods of resource recovery under terms of the loan contract, depending on the feasibility and applicability of each case if initial recovery attempts do not secure required payment; refers customers to proper lending personnel for refinancing of delinquent loans.
  4. Documents all collection actions taken, such as telephone conversations, alternative financial arrangements made, letters mailed, etc.; maintains files.
  5. Notifies customer of amount due.
  6. Maintains control over delinquencies with respect to a satisfactory percentage of past-due accounts.
  7. Prepares mailings such as past due notices and various collections letters.

2. Assists Special Assets Analyst with file organization and reporting.

3. Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.

4. Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.

5. Coordinates specific work tasks with other personnel within the department as well as with other departments in order to insure the smooth and efficient flow of information.

6. Communicates with management and staff personnel in order to integrate goals and activities.

7. Responds to inquiries relating to his/her particular area, or to requests from other Bank personnel, customers, etc., within given time frames and within established policy.

8. Maintains appropriate records and provides assigned reports.

Ancillary Duties

  1. Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

Job Location

All levels

1700 Avenue of the States

Suite 301,

Lakewood NJ 08701

Equipment/Machines

  1. Telephone
  2. PC/Computer keyboard
  3. Printer
  4. Fax machine
  5. Copy machine
  6. Scanner
  7. Calculator