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Special Assets Analyst - CRE

Company

Flagstar Bank

Location

New York, United States

Type

Full time

Position Title

Special Assets Analyst - CRE

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 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:

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, 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, mainta...
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