A major financial services company is looking for a Director level workout officer in New York, NY. The successful candidate will lead the workout process for a portfolio of distressed loans, employing strong negotiation and financial analysis skills. Responsibilities include developing workout strategies, managing communications with stakeholders, and overseeing complex transaction processes to optimize recoveries. A proven background in commercial lending, with at least 7 years of relevant experience, is essential for this role, alongside a Bachelor’s degree and preferably an MBA or JD.
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