Loan Workout/ Special Assets Analyst - Commercial Real Estate
$67,759–$106,505 year
On-siteHicksville, New York, United States
Job Summary
Conduct market research and analysis to assist in the remediation of distressed commercial real estate and multifamily loans. Re-underwrite actionable credits with emphasis on borrower liquidity, cash flow sustainability, and prospects for recovery. Develop, maintain, and update financial models to evaluate restructuring or loan modification alternatives. Prepare detailed credit approval memos including financial analysis, collateral assessments, and risk evaluations. Act as a liaison for internal and external stakeholders while maintaining team files and records. Interact with borrowers, advisors, and outside counsel to support workout strategies. Adhere to regulatory compliance policies and complete required trainings.
Required Qualifications
- Undergraduate Degree (4 years or equivalent)
- Business Administration, Finance, or related field
- 4+ Years within the Loan Workout/Special Assets field
- preferably at an OCC regulated institution
Desired Qualifications
- Familiarity with various loan databases
- Excellent knowledge of and ability to interpret loan documentation
- Computer literate with proficiency in Word and Excel
- Excellent verbal and written communication skills
- Excellent organizational skills with ability to multitask
- Detail oriented and ability to prioritize workload in a fast paced environment
- Ability to work independently while also collaborating effectively in a team environment
- Strong financial analysis skills
- Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights
- Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results
- Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience
- Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders
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