AVP/Associate Special Assets Workout

1 week ago

New York, United States Selby Jennings Full time
Key Responsibilities:

  • Manage Distressed Loans: Oversee a portfolio of distressed corporate loans (including wholesale and project finance) both domestically and internationally. These may involve complex situations such as syndicated loans, multiple creditors, or various levels of the capital structure.
  • Credit Analysis & Monitoring: Regularly analyze borrower's financial health (including financial statements, cash flow projections, and key performance indicators) to determine the viability of the loan and potential for restructuring.
  • Loan Restructuring: Propose strategies for restructuring distressed loans, including negotiating terms or selling the loans to minimize losses.
  • Develop & Implement Action Plans: Create action plans for each distressed credit, including potential liquidations, loan sales, or continued financing.
  • Reporting & Communication: Prepare detailed reports on loan performance, including forecasts, risk ratings, and proposed solutions. Communicate regularly with senior management about the portfolio's performance and risks.
  • Legal & Negotiations: Work with internal and external legal teams to negotiate loan amendments, waivers, or settlements. Handle negotiations with borrowers and other creditors.
  • Portfolio Management: Ensure proper accruals, reporting, and ongoing monitoring of each loan's performance.
  • Leadership: Mentor and guide junior team members. Provide on-the-job training and supervise their work on assigned accounts.
  • Compliance & Risk Management: Ensure all actions adhere to company policies, regulatory standards, and risk management guidelines.

Qualifications:

  • 2-3 years of experience in workout management for complex corporate loans or 3 years in a turnaround consulting firm.
  • Bachelor's degree in Business, Finance, Accounting, or related field; MBA preferred.
  • Skills:
    • Strong understanding of financial analysis, loan documentation, and banking guidelines.
    • Expertise in cash flow modeling, credit analysis, and structuring loan workouts.
    • Ability to negotiate complex loan restructurings and settlements.
    • Strong communication skills, both written and verbal.
    • Proficiency with financial software tools like Excel, Bloomberg, and Moody's.
    • Ability to manage multiple tasks and work independently.

  • AVP/Associate Special Assets Workout

    2 weeks ago

    New York, United States Selby Jennings Full time

    Job DescriptionJob DescriptionKey Responsibilities:Manage Distressed Loans: Oversee a portfolio of distressed corporate loans (including wholesale and project finance) both domestically and internationally. These may involve complex situations such as syndicated loans, multiple creditors, or various levels of the capital structure.Credit Analysis &...

  • AVP/Associate Special Assets Workout

    5 days ago

    New York, United States Selby Jennings Full time

    Key Responsibilities: Manage Distressed Loans: Oversee a portfolio of distressed corporate loans (including wholesale and project finance) both domestically and internationally. These may involve complex situations such as syndicated loans, multiple creditors, or various levels of the capital structure. Credit Analysis & Monitoring: Regularly analyze...

  • AVP/Associate Special Assets Workout

    1 week ago

    new york city, United States Selby Jennings Full time

    Key Responsibilities:Manage Distressed Loans: Oversee a portfolio of distressed corporate loans (including wholesale and project finance) both domestically and internationally. These may involve complex situations such as syndicated loans, multiple creditors, or various levels of the capital structure.Credit Analysis & Monitoring: Regularly analyze...

  • AVP/Associate Special Assets Workout

    1 week ago

    new york city, United States Selby Jennings Full time

    Key Responsibilities:Manage Distressed Loans: Oversee a portfolio of distressed corporate loans (including wholesale and project finance) both domestically and internationally. These may involve complex situations such as syndicated loans, multiple creditors, or various levels of the capital structure.Credit Analysis & Monitoring: Regularly analyze...

  • AVP Loan Workout Specialist

    4 weeks ago

    New York, New York, United States Community Preservation Corporation Full time

    About UsThe Community Preservation Corporation (CPC) is a nationally recognized leader in affordable housing finance, dedicated to contributing to comprehensive neighborhood revitalization through our lending and partnerships.With over 45 years of experience, CPC has provided a consistent source of capital to underserved housing markets throughout New York...

  • Special Assets Team Lead- Loan Workout

    3 weeks ago

    New York, United States Flagstar Bank Full time

    JOB SUMMARY The Special Assets Team Lead is responsible for the workout and resolution of Classified C&I and commercial real estate/multifamily loans in order to preserve principal and minimize charge-offs, in accordance with Bank policies and procedures. This position will manage a team of Special Assets Officers.JOB RESPONSIBILITIES Manage a portfolio of...

  • AVP Loan Workout Specialist

    4 weeks ago

    New York, New York, United States Community Preservation Corporation Full time

    About UsThe Community Preservation Corporation (CPC) is a nationally recognized leader in affordable housing finance, dedicated to contributing to comprehensive neighborhood revitalization through our lending and partnerships. With over 45 years of experience, we have provided a consistent source of capital to underserved housing markets throughout New York...

  • Senior Loan Workout Specialist

    3 weeks ago

    New York, New York, United States Flagstar Bank Full time

    Job Summary: Flagstar Bank is seeking a highly skilled Senior Loan Workout Specialist to join our Special Assets Team. As a key member of our team, you will be responsible for managing a portfolio of loans that are transferred to the Special Assets Group. This includes participating in monthly status meetings with Sr. Management, providing cohesive workout...

  • Special Assets Portfolio Manager

    3 weeks ago

    New York, New York, United States Flagstar Bank Full time

    Job Summary: The Special Assets Team Lead at Flagstar Bank is responsible for managing a portfolio of classified commercial and industrial loans, as well as commercial real estate and multifamily loans. This role involves developing and implementing workout strategies to preserve principal and minimize charge-offs, in accordance with Bank policies and...

  • Loan Workout Specialist

    4 weeks ago

    New York, New York, United States MUFG Bank, Ltd. Full time

    Job Title: Associate - Junior Loan Workout SpecialistWe are seeking a highly motivated and detail-oriented Associate - Junior Loan Workout Specialist to join our team at MUFG Bank, Ltd. in New York. As a key member of our Special Assets Division, you will play a critical role in managing a distressed loan portfolio and assisting in the turnaround or exit of...

  • Special Assets Team Lead

    3 weeks ago

    New York, United States Flagstar Bank Full time

    JOB SUMMARY The Special Assets Team Lead is responsible for the workout and resolution of Classified C&I and commercial real estate/multifamily loans in order to preserve principal and minimize charge-offs, in accordance with Bank policies and procedures. This position will manage a team of Special Assets Officers.JOB RESPONSIBILITIES Manage a portfolio of...

  • Associate - Junior Loan Workout Specialist

    4 weeks ago

    New York, New York, United States MUFG Full time

    Transformative Opportunity for a Junior Loan Workout SpecialistAt Mitsubishi UFJ Financial Group (MUFG), we're seeking a talented and ambitious individual to join our Special Assets Division as a Junior Loan Workout Specialist. This is an exceptional opportunity to develop your skills and expertise in loan workout and restructuring, working closely with our...

  • Loan Workout Specialist

    4 weeks ago

    New York, New York, United States MUFG Bank, Ltd. Full time

    Job Title: Associate - Junior Loan Workout SpecialistMUFG Bank, Ltd. is seeking a highly skilled and motivated Associate - Junior Loan Workout Specialist to join our team in New York. As a key member of our Special Assets Division, you will play a critical role in managing a distressed loan portfolio and assisting in the turnaround or exit of complex credit...

  • Director Special Assets/Workout

    1 week ago

    New York, United States Selby Jennings Full time

    Key Responsibilities:Manage Distressed Loans: Oversee a portfolio of distressed corporate loans (including wholesale and project finance) both domestically and internationally. These may involve complex situations such as syndicated loans, multiple creditors, or various levels of the capital structure.Credit Analysis & Monitoring: Regularly analyze...

  • Director Special Assets/Workout

    5 days ago

    New York, United States Selby Jennings Full time

    Key Responsibilities: Manage Distressed Loans: Oversee a portfolio of distressed corporate loans (including wholesale and project finance) both domestically and internationally. These may involve complex situations such as syndicated loans, multiple creditors, or various levels of the capital structure. Credit Analysis & Monitoring: Regularly analyze...

  • VP Special Assets/Workout

    6 days ago

    New York, United States Selby Jennings Full time

    VP Special Assets/Workout - CorporateSelby JenningsManhattan, United States Apply now Posted 2 days ago Hybrid Job Permanent USD155000 - USD190000 per year Key Responsibilities:Manage Distressed Loans: Oversee a portfolio of distressed corporate loans (including wholesale and project finance) both domestically and internationally. These may involve...

  • Associate - Junior Loan Workout Specialist

    2 months ago

    New York, United States MUFG Bank, Ltd. Full time

    Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's 10 largest financial institutions according to S&P Global. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values,...

  • Director Special Assets/Workout

    1 week ago

    new york city, United States Selby Jennings Full time

    Key Responsibilities:Manage Distressed Loans: Oversee a portfolio of distressed corporate loans (including wholesale and project finance) both domestically and internationally. These may involve complex situations such as syndicated loans, multiple creditors, or various levels of the capital structure.Credit Analysis & Monitoring: Regularly analyze...

  • Director Special Assets/Workout | Manhattan, NY, USA | Flexible

    6 days ago

    New York, United States Selby Jennings Full time

    Director Special Assets/WorkoutSelby Jennings, Manhattan, United StatesJob Details:Posted 2 days ago | Flexible Job | Permanent | USD210000 - USD275000 per yearKey Responsibilities:Manage Distressed Loans: Oversee a portfolio of distressed corporate loans (including wholesale and project finance) both domestically and internationally. These may involve...

  • Collateral and Asset Monitoring Specialist

    4 weeks ago

    New York, New York, United States Ascendo Resources Full time

    Collateral Monitoring ManagerAscendo Resources is seeking a seasoned Collateral Monitoring Manager to oversee the collateral and oversight of our C&I and Asset Based Loan Book. This role requires a strong credit and financial analysis background, with expertise in asset based lending and collateral monitoring.Key Responsibilities:Review and analyze...