07/07/2026
Position Title Commercial Loan Operations Workout Associate Location Hicksville, NY 11801 Job Summary The Commercial Loan Operations Workout Associate is responsible for supporting the processing and servicing of problem loans by entering data, performing reconciliations, and coordinating with the special assets team. Job Responsibilities: Support the servicing and administration of distressed, defaulted, or non-performing commercial loans Coordinate with Special Assets, Credit Risk, and Legal teams to ensure accurate and timely system updates for workout loans Process modifications, forbearance agreements, extensions, restructures, and other non-standard loan actions in the servicing system Review and interpret workout or legal documentation to ensure proper loan setup and compliance with terms Track and monitor key loan milestones such as maturity dates, covenant breaches, and forbearance expirations Generate and distribute reporting on delinquent loans,...
Flagstar Bank
Hicksville, NY
Full Time
