05/15/2026
Position Title Loan Workout Officer - Commercial Real Estate Location New York, NY 10018 Job Summary The Special Assets Officer manages a portfolio of distressed commercial real estate/multifamily loans and assists with reporting and litigation matters. Collaborates/works with Special Assets Team Leads and Analysts while supporting efforts to preserve principal and prevent charge-offs. Maintains compliance with policy, procedure and lending regulations. Job Responsibilities: JOB RESPONSIBILITIES Manages a portfolio of classified commercial real estate/multi-family loans end-to-end Prepare and compile credit approval memos, including detailed financial analysis, relationship overviews, collateral assessments, and risk evaluations. Identify emerging credit risks and trends early, timely report changes in risk to management, and implement corrective actions to minimize defaults, non-accrual loan status, and migration of impairments. Develop, recommend and...
Flagstar Bank
New York, NY
Full Time
