Senior Workout Analyst
Responsibilities:
Develop, recommend, and implement problem resolution strategies that minimize risk and potential loss to Company. Pursue viable alternative including, but not limited to, loan restructuring and modification, foreclosure, deed in lieu, legal action, and other initiatives deemed appropriate. Present and monitor status of individual loan loss mitigation strategies to Senior Management. Develop relationships with attorneys, real estate brokers, mortgage brokers, receivers, and management companies to assist in resolution of problem assets.
Qualifications:
- 5 - 7 years commercial mortgage experience including thorough knowledge of Workouts, Underwriting, Collections, Foreclosures and Appraisals preferred;
- Bachelor's degree in Finance, Accounting, Business or Economics preferred;
- Superior credit skills in commercial real estate loans;
- Very good written and oral communication skills;
- Strong negotiating and problem solving skills;
- Strong organizational, planning, and time management skills;
- Valid driver’s license required.
Locations:
Mineola Mortgage Center
Salary:
$73,500 - $100,000