Loan Workout Portfolio Manager – Job # 3761

BritePros Medical Staffing; New York (NY); On-site; USD 121,500 - 148,500; Full time

Job summary

A leading talent acquisition firm is seeking a Loan Workout Portfolio Manager in Staten Island, NY. The role involves overseeing portfolios of distressed commercial loans, developing recovery strategies, preparing credit reviews, and collaborating with legal counsel on bankruptcies and debt restructurings. Candidates should have over 3 years of relevant experience and deep financial analysis skills. This position offers a generous salary up to $135K along with a full benefits package and requires on-site presence.

Qualifications

• 3+ years in commercial banking, credit analysis, or special assets/loan workout.
• Deep experience with financial analysis.
• Working knowledge of commercial lending products.

Responsibilities

• Develop and implement workout plans to rehabilitate loans.
• Prepare Credit Reviews to assess asset quality.
• Work with legal counsel on bankruptcies and foreclosure actions.
• Draft memos for substantial changes in borrowers' financial stability.

Skills

Commercial banking experience

Credit analysis

Financial analysis

Knowledge of commercial lending

Education

College degree preferred

Job description

Loan Workout Portfolio Manager – To $135K – Staten Island, NY – Job # 3761

Who We Are:

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position:

Our client is seeking to fill a Loan Workout Portfolio Manager role in the Staten Island, NY area. The position is responsible for overseeing portfolios that are distressed, delinquent, or high‑risk commercial loans, developing strategies to maximize recovery and minimize losses.

This position comes with a generous salary of up to $135K and full benefits package. (This is not a remote position).

Loan Workout Portfolio Manager responsibilities include:

• Develop and implement workout plan to rehabilitate loans or facilitate orderly exits.
• Prepare Credit Reviews to assess asset quality, including performance against original underwriting expectations.
• Work with legal counsel on bankruptcies, foreclosure actions, and debt restructurings.
• Experience writing policies and procedures for collateral monitoring, workouts, and periodic loan reviews.
• Report on the assigned portfolio, including asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non‑performing loan analysis.
• Draft memos for any substantial changes in a borrower's financial stability or ownership structure.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• 3+ years in commercial banking, credit analysis, or special assets/loan workout.
• Deep experience with financial analysis.
• College degree preferred.
• Working knowledge of commercial lending, e.g. commercial real estate, construction and C&I products.

The next step is yours. Email us your current resume along with the position you are considering to:

[e-mail].