Special Assets Analyst

New York/1400 Broadway/114025mid

OtherAnalyst

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Quick Summary

Key Responsibilities

JOB RESPONSIBILITIES Conducts market research and analysis to assist Special Assets Officers and Special Assets Team Leads in the remediation of classified commercial real estate/multifamily loans,

Requirements Summary

Education level required: Undergraduate Degree (4 years or equivalent) Business Administration, Finance, or related field.

Technical Tools

OtherAnalyst

Position Title

Special Assets Analyst

Location

New York, NY 10018

Job Summary

The Special Assets Analyst supports the Special Assets team with day-to-day management of distressed commercial real estate/multifamily loans, and/or C&I Loans and assists with reporting and litigation matters. Collaborates/works with Special Assets Team Leads and Officers while supporting efforts to preserve principal and prevent charge-offs. Maintains compliance with policy, procedure and lending regulations.

Job Responsibilities:

Responsibilities

~2 min read

→Conducts market research and analysis to assist Special Assets Officers and Special Assets Team Leads in the remediation of classified commercial real estate/multifamily loans, and/or C&I Loans.
→Re-underwrite actionable credits with emphasis on borrower liquidity and cash flow sustainability, primary drivers of underperformance, corrective actions, and prospects for recovery
→Develop, maintain, and update financial models and analyses to evaluate restructuring, loan modification, or other recovery alternatives.
→Supports Special Assets Officers and Special Assets Team Leads in the development, execution, and monitoring of workout strategies.
→Acts as a liaison when needed for internal/external stakeholders.
→Prepare timely detailed credit approval memos, including financial analysis, relationship overview, cash flow analysis, collateral assessments, and risk evaluations.
→Reviews internal loan bookings and collateral positions.
→Maintains team files and records.
→Interact with borrowers, advisors, and internal bank/outside counsel.

We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank

Pay Range

$67,758.75 - $106,505.00