A senior role in commercial real estate workout managing complex multifamily loan portfolios, focusing on risk management, loan restructuring, and minimizing potential financial losses for Santander. The ideal candidate will have extensive experience in loan management, financial analysis, and strategic problem-solving in the New York City commercial real estate market.
This role involves comprehensive management of medium and advanced complexity commercial real estate loan portfolios, primarily focusing on defaulted multifamily loans in the Greater New York City area. Primary responsibilities include designing and implementing loan modifications, interacting with borrowers, analyzing financial statements, and proactively minimizing potential losses for the company.
The role requires extensive professional experience with a minimum of 9+ years in workout and portfolio management. Candidates must possess advanced knowledge of commercial loan workout practices, multifamily lending underwriting, and asset management. Strong analytical skills are crucial, with the ability to interpret complex financial documents, conduct risk assessments, and develop strategic loan restructuring solutions.
Santander offers a competitive compensation package with a base salary range of $93,750 to $175,000, professional development opportunities, and the chance to work with a global financial institution. The role provides a platform to leverage advanced financial expertise, work cross-functionally, and make significant strategic contributions to the organization's risk management approach.