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Special Assets Officer, VP

Flagstar Bank · Hicksville, New York, US

Position Title Special Assets Officer, VP Location Hicksville, NY 11801 Job Summary *This is an onsite position in Hicksville, NY* Pay Range: 136-158K JOB SU...

Job description

Position Title Special Assets Officer, VP Location: Hicksville, NY 11801 Job Summary: *This is an onsite position in Hicksville, NY* Pay Range: 136-158K: JOB SUMMARY: The Special Assets Analyst supports the Special Assets team with day-to-day management of Classified C&I and 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. Pay Range: Local Minimum Wage - $0.00 - $0.00 Job Responsibilities: - Conducts market research and analysis to assist Special Assets Officers and TL’s with Classified loan remediation efforts. - Assists with creating/auditing documents requested by third party consultants including loan officers, attorneys, and appraisers. - Assists with creation of relevant documents related to forecasting and other monthly/quarterly reporting requirements. - Supports Special Assets Officers and TL’s with implementing actions and workout strategies. - Acts as a liaison when needed for internal/external stakeholders. - Run financial spre...