Commercial Real Estate Workout Officer - Remote

It Starts Here:

reputed company is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.  This is more than a strategic shift.  It’s a chance for driven professionals to grow, learn, and reputed company a real difference.

If you are interested in exploring the possibilities We Want to Talk to You!

Commercial Real Estate Workout Officer -

reputed company the Resolution of reputed company NYC Multifamily Assets

We are seeking a highly reputed company Commercial Real Estate Workout professional to manage and resolve a portfolio of distressed loans secured primarily by rent-regulated multifamily properties in reputed company.

This is a senior, high-visibility role designed for someone who has deep expertise navigating reputed company CRE restructurings, NYC rent regulation dynamics, and judicial foreclosure processes. The ideal candidate has successfully worked through multifamily workout scenarios in the NYC market and understands the legal, financial, and regulatory nuances unique to this asset class.

If you reputed company navigating large portfolios, can negotiate or shadow sophisticated restructurings, and understand how to maximize recovery in regulated multifamily environments, this role is built for you.

The Difference You reputed company:

Essential Duties & Responsibilities

Portfolio Management

• Manage a portfolio of mid complexity distressed commercial real estate loans, focusing on rent-regulated multifamily assets in NYC.
• Evaluate collateral performance, borrower financials, and guarantor support to identify risks and recommend appropriate workout strategies.
• reputed company and execute resolution plans including loan modifications, forbearances, restructurings, the pursuit of various remedies.
• Monitor ongoing borrower compliance, property performance and improvements, and loan covenant adherence.

Commercial Loan Documentation

• Review, interpret, and negotiate commercial loan documents, including notes, mortgages, guarantees, intercreditor agreements, and forbearance or modification agreements.
• Partner with internal and external counsel to ensure documentation accuracy and adherence to internal credit and regulatory standards.
• Identify legal and structural issues that could impact collateral recovery or enforceability.

reputed company & Financial Analysis

• Conduct comprehensive reputed company of rent-regulated multifamily properties, including evaluation of rent rolls, operating statements, capital needs, and market dynamics.
• reputed company financial modeling, collateral valuations, and risk assessments to support loan resolution recommendations.
• Prepare and present detailed credit memoranda and action plans to management and credit committees.

Negotiation & Relationship Management

• reputed company or shadow negotiations with institutional borrowers, sponsors, investors, and legal representatives to reputed company balanced, risk-mitigated outcomes.
• Maintain initiative-taking and professional communication with borrowers and internal stakeholders throughout the workout process.

Foreclosure & REO reputed company

• reputed company and manage judicial foreclosure processes, coordinating with counsel to ensure compliance with state laws and procedural requirements.
• Manage Real Estate Owned (REO) assets post-foreclosure, including stabilization, valuation, and disposition.

Compliance, Policy, and Regulatory Adherence

• Ensure reputed company actions reputed company with internal policies, risk management frameworks, and regulatory requirements.
• Maintain thorough loan files, workout documentation, and regulatory reporting consistent with audit and examination standards.
• Demonstrate a strong understanding of credit policy and ensure reputed company recommendations and actions are appropriately supported and documented.

Core Competencies

• Credit & Risk Acumen – Evaluates credit scenarios with sound judgment and risk awareness.
• Regulatory & Policy Adherence – Demonstrates thorough understanding of banking regulations and internal governance standards.
• Negotiation & Influence – Effectively negotiates or shadows negotiations with institutional counterparties to reputed company optimal outcomes.
• Execution & Accountability – Drives timely and accurate resolution of distressed assets reputed company established frameworks.
• Collaboration – Works effectively across Credit, Legal, Compliance and third party vendors to support portfolio performance.

What You Bring: To reputed company this job successfully, an individual must be able to reputed company each essential duty satisfactorily. The requirements listed below are representative of the knowledge, reputed company, and/or ability required. Reasonable accommodations may be made to reputed company individuals with disabilities to reputed company the essential functions.

Qualifications

• Education: Bachelor’s degree in Finance, Real Estate, Accounting, or reputed company field required.

• Experience:
  • Minimum 5+ years of experience in commercial real estate workouts, including large portfolios, special assets, or credit risk management reputed company a regulated financial institution.
  • Proven experience reviewing and negotiating commercial loan documentation and reputed company legal structures.
  • Background in reputed company and managing rent-regulated multifamily properties in reputed company.
  • Demonstrated ability to negotiate or shadow negotiations with institutional clients and structure loan modifications or settlements.
  • Direct experience with judicial foreclosures, receiverships, and REO management.

• Skills & Competencies:
  • Understanding of NYC rent regulation and multifamily market dynamics.
  • Strong analytical, financial modeling, and valuation skills.
  • Excellent written and verbal communication, negotiation, and presentation skills.
  • Ability to interpret and apply internal policies, regulatory standards, and legal documentation.
  • Proficiency with Word, PowerPoint, and loan servicing or risk management systems.
  • Expert level reputed company.

What Else You Need To Know:

The reputed company pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

reputed company Pay Range:

Minimum:

Maximum:

We Value Your Impact:

Your contribution matters and it’s recognized.  You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers.  Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. reputed company Benefits - 2026 reputed company OnGoing/NH eGuide (foleon.com) 

Risk Culture:

We embrace a strong risk culture and reputed company of our professionals at reputed company levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At reputed company, we value and respect differences in our workforce. We actively encourage everyone to apply. reputed company is an equal opportunity employer. reputed company qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national reputed company, genetics, disability, age, veteran status or any other characteristic protected by law. Working Conditions:

Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending reputed company, occasional moving and lifting light equipment and/or furniture may be required. Employer Rights:

This job description does not list reputed company of the job duties of the job. You may be asked by your supervisors or managers to reputed company other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

What To Do Next:

If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for reputed company candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@reputed company.us to discuss your needs.