Vice President - Special Assets​/Real Estate Workout

Responsibilities

• Independently manage a wide range of bespoke illiquid credit investments including monitoring of business and financial performance of the portfolio counter party as well as research and analysis of market dynamics.
• Review financial statements, 13-week cash flow statements, covenants.
• Negotiate and carry out amendments, waivers, consents and any other legal documents pertaining to the asset under management in both out of court and in court restructuring processes within a foreclosure, bankruptcy or litigation strategy.
• Negotiate, analyze, propose, and implement restructuring of complex commercial loan secured by CRE; and sale or refinancing of loans and real estate assets.
• Ability to effectively communicate both internally and externally with C-Suite individuals.
• Responsible for monthly valuation of all assigned financings.
• Must be a “Player Coach”, with personal responsibility for modeling and managing complicated assets, mentoring and managing financial analysts and less experienced Associates.
• Extensive interface with Front Office, Asset Management, Finance and Operations teams, as well as consultants (as needed).
• Prepare presentations that will include background information, transaction structure, financial projections, and restructure recommendations.
• Work with the Managing Directors of Asset Management to build out the team overtime as the asset base grows.
• The individual will have demonstrated an ability to work in a fast-paced, performance-driven environment with an ability to think broadly about the business, incorporating continual improvement of processes and procedures with a goal of excellence while focusing on accuracy and efficiency.

• 6-8 + years industry experience in credit and restructuring roles.
• Strong fundamental credit, negotiating, and influencing skills, as well as loan document, knowledge.
• Heavy exposure to legal processes, including bankruptcy and UCC foreclosure. Must be able to direct attorneys through the restructuring process.
• Exposure to diverse credit structures, complicated structured illiquid transactions, and a broad base of industries.
• Ability to write clear and concise memoranda.
• Excellent excel modeling skills.
• Industry contacts with financial advisors and law firms.
• The highest level of personal integrity and ethical standards. A positive attitude, strong work ethic and a desire to work collaboratively across the organization.

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k, IRA)
• Life Insurance (Basic, Voluntary & AD&D)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Family Leave (Maternity, Paternity)
• Short Term & Long Term Disability
• Training & Development
• Free Food & Snacks
• Wellness Resources