Special Assets Officer - Flagstar Bank : Job Details

Pay Range: 117 K-193 KJOB SUMMARY - The Special Assets Officer manages a portfolio of Classified C&I and commercial real estate/multifamily loans and assists with reporting and litigation matters. Collaborates/works with Special Assets Team Leads and Officers while supporting efforts to preserve principal and prevent charge-offs. Maintains compliance with policy, procedure and lending regulations. Job Responsibilities:JOB RESPONSIBILITIES Manages a portfolio of loans while coordinating and preparing required documentation for approvals. Updates Loan Workout database for new loan transfers. Ensures charge-off documentation matches internal records and reviews mathematical explanation provided by loan officers. Compiles summary report of all charge-off forms for approval and upon approval, distributes appropriate documentation for individual loan charge-off processing. Compiles information for loan approval memos including financial analysis, relationship summaries and collateral over...Officer, Loan Officer, Banking, Business Services, Compliance