Loan Workout Officer at Fulton Bank – Lancaster, Pennsylvania

Requisition ID: 2026-23551
Category: Credit Administration
# of Openings: 1
Position Type (Portal Searching): Full-Time
23 East King
Lancaster
FLSA Status: Exempt

Value Proposition

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

Overview

This is a full-time, hybrid career opportunity on our Special Assets Team that can be located anywhere within the Fulton Bank footprint as follows: DC, DE, MD, NJ, PA, VA.

Business travel will be required.

The primary responsibility of this role is to develop, recommend and implement viable workout plans for Small Business least complex problem commercial loans and commercial mortgages within Fulton Bank. Incumbents in this role will ensure that these accounts are properly monitored for debt repayment or in the alternative, foreclosure or liquidation of assets to minimize or prevent loss or maximize recovery.

Responsibilities

• Develops and recommends appropriate workout plans on the least complex credits which translates into acceptable payments or in the alternative, moves the account towards foreclosure or liquidation.
• Performs loan reviews of the problem credits with the ability to properly analyze documentation issues, along with awareness of the financial situation.
• Recommends the appropriate course of action to the Workout Officer II and III as well as the Special Assets Regional Manager in handling a problem account.
• Appropriately monitors the progress of workout accounts and recommends any required changes or action necessary to minimize loss or prevent loss.
• Interacts with attorneys and debtors to secure appropriate workout arrangements.
• Recommends accounting changes for nonaccrual and charged off loans.

Qualifications

Education

Bachelor's Degree or the equivalent experience. Specialty: Relevant degree pertaining to the essential duties of this role. (Preferred)

Experience

1 or more years Consumer and Commercial lending, Credit or Collections/Default. (Required)

Commercial lending, Credit or Collections (Preferred)

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.

EEO Statement

Fulton Bank (Fulton) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.