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Associate/AVP Loan Workouts Officer

New York Permanent $80,000 - $150,000 per year View Job Description
The Loan Workouts Officer entails managing various responsibilities to support loan workout operations, focusing on credit risk evaluation, portfolio management, and ensuring compliance with internal and external requirements.
  • Manage distressed loans to drive financial recovery.
  • Contribute to innovative solutions leading to impactful outcomes.

About Our Client

Global corporate and investment bank, located in Midtown.

Job Description



Credit Risk Review:



  • Analyze financial trends and evaluate the assigned risk rating for each borrower, providing in-depth insights.


  • Review all aspects of credit reports, including but not limited to restructured strategies or other exit plans, historical and projected financial performance, management, industry and market conditions, and third-party reports in a timely manner.


  • Challenge assumptions where necessary to ensure thorough risk assessment.


  • Assess the soundness of strategies and creditworthiness in accordance with the Bank's policies and procedures.



Portfolio Management:



  • Perform annual and/or quarterly reviews of the loan portfolio and provide periodic non-performing loan (NPL) reports as required by the Bank's policies.


  • Monitor market and industry trends, evaluating the impact of negative news on specific industries or clients.


  • Manage reporting and committee pipeline processes.


  • Provide guidance on booking instructions in alignment with financial and regulatory standards.

The Successful Applicant



  • Bachelor's degree in Finance, Accounting, or Economics is required; Master's in Finance, Real Estate, or an MBA is preferred.


  • CFA/FRM certifications are preferred.


  • Proven experience in credit risk management and due diligence, with a background in written credit risk analysis or loan portfolio reporting.


  • Strong knowledge in credit risk management and due diligence within financial sectors.


  • Bilingual proficiency in English and Chinese is required.
  • Previous expereince in problem loan management is great to have.

What's on Offer

The typical base pay range for this role is between $80,000 - $150,000.

Contact
Lauren VanManen
Quote job ref
JN-042025-6708352

Job summary

Function
CFO & Financial Management
Subsector
CFO & Financial Management Subsector
Industry
Financial Services
Location
New York
Contract type
Permanent
Consultant name
Lauren VanManen
Job reference
JN-042025-6708352

About Page Executive

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