Santander
Senior Associate, Workout Officer (CRE/Multifamily Housing) (100% Remote)
This job is now closed
Job Description
- Req#: Req1235382
Employer Industry: Financial Services
Why Consider this Job Opportunity:
- Competitive compensation package up to $165,000 per year
- Opportunity for career advancement and growth within the organization
- Fully remote work opportunity
- Collaborative work environment with multiple internal and external stakeholders
- Chance to make a positive impact on risk management and loss mitigation
- Strong emphasis on diversity and equal opportunity employment
What to Expect (Job Responsibilities):
- Devise strategies, negotiate, and structure transactions in accordance with the overall obligor strategy and plan
- Perform financial analysis, Commercial Real Estate appraisal analysis, and market evaluation
- Prepare credit proposals, risk ratings, and strategies for the portfolio
- Monitor credit risks and propose action plans for mitigation and resolving potential deterioration in borrowers
- Collaborate with legal, loan operations, and middle office to facilitate loan resolution
What is Required (Qualifications):
- Bachelor's Degree or equivalent work experience in Business, Accounting, Finance, Economics, or related field
- 10+ years of Commercial Real Estate Workout experience or CRE underwriting/portfolio management experience
- Strong math and analytical skills
- In-depth understanding of CRE loan documentation
- Excellent written and verbal communication skills
How to Stand Out (Preferred Qualifications):
- Master's Degree in Business, Accounting, Finance, Economics, or related field
- Experience in collection and workout best practices
#FinancialServices #RiskManagement #RemoteWork #CareerOpportunity #DiversityAndInclusion
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