Workout Specialist
UMB BankMinneapolis, Minnesota, United States • New York, New York, United States
Posted March 17, 2026
110250 - 235810 USD
Full Time
About the Company
UMB is a company that values inclusion, diversity, and employee well-being, offering a range of benefits and opportunities for growth.
Job Description
The Workout Specialist position will manage a portfolio of distressed and defaulted bond and loan accounts for UMB. The role involves developing and implementing case-specific strategies to maximize lender recovery, working closely with a team of corporate trust professionals, outside counsel, financial advisors, and bond holders and lenders.
Requirements
- Bachelor's degree or equivalent experience
- At least 7 years of relevant experience in Corporate Trust administration, default workout experience, etc.
Benefits
- Paid Time Off
- 401(k) matching program
- Annual incentive pay
- Paid holidays
- Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- Health savings, flexible spending, and dependent care accounts
- Adoption assistance
- Employee assistance program
- Fitness reimbursement
- Tuition reimbursement
- Associate wellbeing program
- Associate emergency fund
- Various associate banking benefits