Special Assets Analyst

Special Assets Analyst

Location : New York, NY 10018

Job Summary : Pay Range : 84-140K 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.

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 spreads and modeling as required.
• Reviews and maintains recurrent status reports from outside counsel, detailing loan status in the legal process and making updates as required.
• Maintains file records and transition to document retention and retrieval.
• Completes self-audits for key processes to maintain files and assist in audit documentation requests.

Additional Responsibilities

Required Qualifications :

Preferred Qualifications :

Job Competencies :

Flagstar is an Equal Opportunity Employer

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program.