Loan Workout Portfolio Manager To 135K Staten Island, NY Job 3761
Share
Job Location:
New York City, NY - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Description
Loan Workout Portfolio Manager To $135K Staten Island NY Job # 3761
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg IL & Rockport TX. Our nationally unique value proposition centers around providing the very best available banking and accounting fact most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position The Symicor Group stands ready to deliver premium results for you.
The Position
Our client is seeking to fill a Loan Workout Portfolio Manager role in the Staten Island NY area. The position is responsible for overseeing portfolios that are distressed delinquent or high-risk commercial loans developing strategies to maximize recovery and minimize losses.
This position comes with a generous salary of up to $135K and full benefits package. (This is not a remote position).
Loan Workout Portfolio Manager responsibilities include:
- Develop and implement workout plan to rehabilitate loans or facilitate orderly exits.
- Prepare Credit Reviews to assess asset quality including performance against original underwriting expectations.
- Work with legal counsel on bankruptcies foreclosure actions and debt restructurings.
- Experience writing policies and procedures for collateral monitoring workouts and periodic loan reviews.
- Report on the assigned portfolio including asset quality stress testing industry and market analysis asset allocation reserves and non-performing loan analysis.
- Draft memos for any substantial changes in a borrowers financial stability or ownership structure.
Who Are You
Youre someone who wants to influence your own development. Youre looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are but merely the starting point for your future.
You also bring the following skills and experience:
- 3 years in commercial banking credit analysis or special assets/loan workout.
- Deep experience with financial analysis.
- College degree preferred.
- Working knowledge of commercial lending e.g. commercial real estate construction and C&I products.
The next step is yours. Email us your current resume along with the position you are considering to:
Required Experience:
Manager
Key Skills
About Company
The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accounta ... View more
