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Senior Associate - Commercial Real Estate / Multi Family Housing Workout (Remote)
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- Senior Associate - Commercial Real Estate/Multi Family Housing Workout (100% Remote) New York, United States of America Job Function Description: Manages a portfolio of criticized and distressed commercial real estate loans, across multiple property types, with risk management and loss mitigation as primary objectives.
- Develop Workout strategies including analysis of a borrower s repayment capacity, evaluation of the guarantor support, and continual assessment of collateral condition and value.
- Perform financial analysis, Commercial Real Estate appraisal analysis, understanding of market dynamics and ensuring internal and external reporting is completed as required.
- Provide continuous monitoring of credit risks in the Portfolio and propose action plans directed towards mitigation and resolving further potential deterioration in borrowers in the Portfolio Collaborates with multiple internal and external parties associated with each loan, including legal, loan operations and the middle office.
- Collects financial information, communicates with loan operations and middle office to ensure approved loans are booked, funded, and managed in a proper and timely manner.
Expired 24 days agoInactive Job
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