United States onlyThe Associate Workout Officer is responsible for managing a portfolio of low- to mid-complexity non-performing commercial real estate loans, primarily secured by rent-regulated multifamily properties in New York City.
Requirements
- Bachelor’s degree in Finance, Real Estate, Accounting, or a related field required; MBA or advanced degree preferred.
- 5+ years of experience in commercial real estate workouts, special assets, or credit risk management, ideally within a regulated financial institution.
- Proven ability to review and negotiate commercial loan documentation.
- Demonstrated experience underwriting rent-regulated multifamily properties in the NYC market.
- Strong background in credit analysis, collateral valuation, and borrower negotiations.
- Advanced financial modeling and credit risk assessment capabilities.
- Working knowledge of rent regulation laws and NYC multifamily market dynamics.
- Excellent negotiation, communication, and interpersonal skills.
- Proficiency in Microsoft Excel, Word, and loan servicing or risk management systems.
Benefits
- Generous Paid Time Off
- 401k Matching
- Retirement Plan
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