Flagstar Bank, N.A
AVP, Loan Workout Analyst - Commercial Real Estate
New York/1400 Broadway/114025
Sponsorship not specified$68k-$107kDetected 31 days ago
Financial ModelingFinancial AnalysisResearchCommunicationCollaborationOrganizational Skills
About the role
- Re-underwrite actionable credits with emphasis on borrower liquidity and cash flow sustainability, primary drivers of underperformance, corrective actions, and prospects for recovery
- Acts as a liaison when needed for internal/external stakeholders.
- Prepare timely detailed credit approval memos, including financial analysis, relationship overview, cash flow analysis, collateral assessments, and risk evaluations.
Responsibilities
- Conducts market research and analysis to assist Special Assets Officers and Special Assets Team Leads in the remediation of classified commercial real estate/multifamily loans, and/or C&I Loans.
- Develop, maintain, and update financial models and analyses to evaluate restructuring, loan modification, or other recovery alternatives.
- Supports Special Assets Officers and Special Assets Team Leads in the development, execution, and monitoring of workout strategies.
- Maintains team files and records.
Requirements
- Minimum experience required: 4+ Years within the Loan Workout/Special Assets field, preferably at an OCC regulated institution.
- 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.
- Performs special projects, and additional duties and responsibilities as required.
- C onsistently adhere s to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.
Nice to have
- Familiarity with various loan databases
- Job Competencies:
- 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.
Compensation
- $67,758.75 - $106,505.00
- Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment.
Benefits
- Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program.
- Benefits | Flagstar Bank
Company info
- We are committed to providing clear and accurate compensation information in accordance with applicable laws.
Equal opportunity
- Flagstar is an Equal Opportunity Employer
- Equal Opportunity Employer
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