Distressed Asset Recovery Manager

4 days ago


New York, New York, United States Community Preservation Corporation Full time
Your Responsibilities:
  • Manage the turnaround, workout, or exit of challenged credits through restructuring debt, negotiating settlement agreements, pursuit of appropriate legal action, and/or collateral liquidation or loan sales.
  • Analyze loan documents, financial statements, rent rolls, project operating statements, and other relevant information to determine the appropriate course of action.
  • Assess the financial condition and repayment capacity of borrowers facing difficulty in repaying their loans.
  • Implement detailed action plans and workout strategies, including enforcement of remedies and legal action, for all challenged credits in the assigned portfolio.

We offer a competitive compensation package, including a salary range of $125,000 - $145,000, depending on experience, as well as comprehensive benefits and opportunities for professional growth and development.



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