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Woori America Bank Work Values

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Daily Duties at Woori America Bank:

! Analyzed credit on commercial and residential loans in default to determine workout strategy. Worked with outside counsel to supervise and review all phases of the litigation process in connection with foreclosure judgments, non-asset money judgments, complaints filed against the bank, settlement agreements, reinstatement and forbearance agreements, salary garnishes, fraudulent transfers, note acquisitions, and insurance claim recoveries. ! Responsible for obtaining and analyzing offers from investors for note acquisitions through the approval and closing process, including the assignment of mortgage and initial confidentiality agreement. ! Handled loan workouts and collection of non-accruals, managed charged-off loans, and made significant recoveries to increase loan loss reserve accounts. ! Conversant in SBA purchase money guaranty recovery, equipment seizures, equipment liquidation, Chapter 13 workout plans, forfeitures, condemnation proceedings, REO property marketing, holding cost, and carrying value. ! Experienced in depositions, hearings, oral arguments, interrogatories, mediations, and court testimony. ! Performed special investigative audits and present to senior management and the audit committee, assist in all aspects of the internal audit process and completion of the annual audit plan, and made recommendations to bank management on internal controls and safeguards, the accounting system, and regulatory and legal compliance ! Incorporated the policy and procedures of the parent bank, National Penn Bank into Panasia Bank, including software programs, the loan approval process and the management of the existing portfolio. ! Monthly, Projection, Pipeline, Closed Loans, Renewals, Watch Loan, Declined and Withdrawn Loan Reports. Monitored and remedied past due and charged off loans. Loan work out and litigation. ! Trained branch AA's the collection and portfolio management procedures. Analyzed and implemented training for retail loan products. Assisted Auditors and OCC. Remedied CRA Issuance.


What they like about Woori America Bank:

Working for a company with an emphasis on social values and helping society is a clear and important priority for you - a critical factor in who you choose to work for. In contrast to other factors, you place an organization's reputation for fairness and concern for the community above most other aspects of the company. As you search for a new job opportunity, it is usually possible to find out if the company is involved in the community and/or if it is addressing problems and issues in society. Pay special attention to non-profit organizations and those specifically involved in social action. Moreover, speaking with current and former employees should enlighten you to perceptions of the fairness of the company's leaders and the treatment of employees.



Information about Woori America Bank


Company Rank: Not Available

Average length of employment : 8 years

Average salary of employees: $80,000

These are some of the questions we asked our climbers about their experiences with Woori America Bank:

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Were your performance expectations clearly communicated?

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Were you recognized for meeting or exceeding expectations?

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Did you feel like your personal contribution was important?

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Was your career path clearly outlined and discussed?

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I would recommend this as a place of employment.
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I believe in the purpose of this organization.
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I would work for this organization again.
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I feel employees are fairly compensated.
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