Commercial Real Estate Loan Workout Analyst

Location: New York, NY 10018

Salary: $67,758.75–$106,505.00 per year

Company

hirify.global is a banking institution providing commercial lending and financial services.

What you will do

• Conduct market research and analyze classified commercial real estate, multifamily, and C&I loans.
• Re-underwrite actionable credits, focusing on borrower liquidity, sustainable cash flow, underperformance drivers, corrective actions, and recovery prospects.
• Build, maintain, and update financial models to evaluate restructuring, loan modification, and other recovery alternatives.
• Support the development, execution, and monitoring of workout strategies with Special Assets Officers and Team Leads.
• Prepare detailed credit approval memoranda covering financial analysis, relationship overviews, cash flow, collateral, and risk.
• Review loan bookings and collateral positions, maintain records, and communicate with borrowers, advisors, stakeholders, and counsel.

Requirements

• Four-year undergraduate degree in Business Administration, Finance, or a related field.
• At least 4 years of experience in loan workout or Special Assets, preferably at an OCC-regulated institution.
• Strong financial analysis skills and excellent knowledge of loan documentation.
• Computer proficiency with Word and Excel.
• Excellent written and verbal communication, organization, prioritization, and multitasking skills.
• Ability to work independently and collaborate effectively with internal and external stakeholders.

Nice to have

• Familiarity with various loan databases.

Culture & Benefits

• Medical, dental, vision, life, and disability insurance.
• Comprehensive leave program.
• Potential variable incentives, bonuses, commissions, or other awards.
• Work includes compliance with applicable banking regulations and required compliance training.