Loan Workout & Recovery Specialist

Hancock Whitney; New Orleans (LA); On-site; USD 70,000 - 100,000; Full time

Job summary

Hancock Whitney in New Orleans seeks a Loan Workout Specialist to monitor delinquent loans and advise on restructuring strategies to limit losses. You will review collateral, terms, and repayment plans, coordinating with lenders and internal teams to pursue recovery while maintaining compliance with regulations.

The role requires experience in credit and collections, strong analytical and negotiation skills, and ability to work with legal counsel and stakeholders to drive successful workout

Qualifications

• Bachelor’s degree in Business Administration, Finance, or Accounting.
• 6 years of relevant credit or collections experience.
• Knowledge of credit, underwriting, and collateral recovery methods.

Responsibilities

• Monitor commercial and consumer loan delinquencies and support restructuring plans to limit losses.
• Review and restructure credit and repayment terms with borrowers to secure collateral or recourse.
• Coordinate with legal counsel and internal teams on collection activities and asset recovery.

Skills

Credit analysis

Collections

Loan workout

Education

Bachelor’s degree in Business Administration, Finance, or Accounting

Job description

Hancock Whitney in New Orleans seeks a Loan Workout Specialist to monitor delinquent loans and advise on restructuring strategies to limit losses. You will review collateral, terms, and repayment plans, coordinating with lenders and internal teams to pursue recovery while maintaining compliance with regulations.

The role requires experience in credit and collections, strong analytical and negotiation skills, and ability to work with legal counsel and stakeholders to drive successful workout