Special Assets Team Lead

New York
November 15, 2024

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Job Description

Job Title: Special Assets Team Lead

Job Summary: The Special Assets Team Lead is responsible for the workout and resolution of Classified C&I and commercial real estate/multifamily loans to preserve principal and minimize charge-offs, in accordance with Bank policies and procedures.

Responsibilities:

  • Manage and lead the Special Assets team in loan workouts.
  • Analyze financial statements and collateral valuations.
  • Develop and implement strategies for loan resolution.
  • Collaborate with internal stakeholders to ensure compliance.
  • Prepare reports for senior management on loan performance.

Qualifications:

  • Bachelor’s degree in Finance, Business, or related field.
  • 5+ years of experience in commercial lending or special assets.
  • Strong analytical and negotiation skills.
  • Knowledge of banking regulations and compliance.
  • Excellent communication and leadership abilities.