Strategic Loan Workout Portfolio Manager

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

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.