Asset Manager/Loan Workout Officer

  • Full-time

Company Description

Capital Crossing is an industry leading underwriter, investor and servicer of commercial real estate and small business loans.  Since 1987, with a disciplined approach, the company has purchased and managed more than $3 billion in assets nationwide, both for its own account and for its strategic partners.  It has built its business model and reputation on a strong central core – its people.  Our culture is one of teamwork, trust, respect and commitment, and we are always looking for people who are highly motivated and stand out from their peers

Job Description

 In this role, you will be part of a team responsible for managing a portfolio of sub and non-performing assets varying in size and complexity.

 

Key Responsibilities:

  • Manage an assigned portfolio of distressed commercial real estate loans to maximize value and minimize loss.
  • Restructure credit and repayment terms, develop strategies to better secure collateral, collect and monitor monthly payments.
  • Provide recommendations to senior management and investment partners to maximize return and reduce risk.
  • Work with borrowers to obtain financial information and prepare written in-depth analysis and recommendations to protect and strengthen the investment.
  • May focus on one or more of the following areas:  loan workout, rehabilitation, liquidation of assets and collateral, modification and/or recovery.

Qualifications

Minimum Requirements:

  • 3+ years hands-on experience managing commercial loan workouts and liquidation of distressed commercial real estate loans for a financial institution or mortgage servicer. 
  • Experience in foreclosure laws and liquidation of commercial real estate loans. 
  • General knowledge of bankruptcy laws.
  • Demonstrated leadership and ability to work in a fast paced-environment.
  • Bachelor’s Degree in Accounting, Business or Finance.

 

Desired Requirements:

  • Successful completion of a formal credit training program preferred.

Additional Information

Capital Crossing offers a comprehensive compensation and benefits package.

 

Capital Crossing Servicing Company LLC an Equal Opportunity Employer