Financial Services Professional
4 days ago
The Financial Services Professional - Special Assets supports the Special Assets team with day-to-day management of Classified C&I and commercial real estate/multifamily loans. This role involves assisting with reporting and litigation matters, collaborating with Special Assets Team Leads and Officers to preserve principal and prevent charge-offs. The position requires maintaining compliance with policy, procedure, and lending regulations.
Key Accountabilities
- Conduct market research and analysis to assist Special Assets Officers and TL's with Classified loan remediation efforts.
- Assist in creating/auditing documents requested by third-party consultants, including loan officers, attorneys, and appraisers.
- Support Special Assets Officers and TL's in implementing actions and workout strategies.
- Act as a liaison for internal/external stakeholders.
- Run financial spreads and modeling as required.
- Review and maintain recurrent status reports from outside counsel, detailing loan status in the legal process and making updates as required.
- Maintain file records and transition to document retention and retrieval.
- Complete self-audits for key processes to maintain files and assist in audit documentation requests.
Estimated Salary: $104,420 - $169,380
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