Primary responsibilities include managing defaulted multifamily commercial real estate loans, facilitating loan resolutions through strategic modifications, generating new income via fees, reviewing risk ratings, developing portfolio reporting systems, and analyzing financial statements to minimize the company's risk exposure.
Required experience includes a bachelor's degree in Business Administration, Accounting, Finance, or Economics, with 5+ years of workout, portfolio management, or collections experience. Candidates must have practical knowledge of multifamily lending, underwriting, loan documentation, and asset management, with specific expertise in New York City multifamily loans and rent-controlled/stabilized buildings.
The role offers an opportunity to work with a global financial institution, providing competitive compensation ranging from $75,000 to $127,500, exposure to complex financial strategies, professional development in risk management, and the chance to make a significant impact in commercial real estate lending within a diverse and innovative banking environment.
