New York Licensed Commercial Workout Officer
Location: Remote
Compensation: Hourly
Reviewed: Thu, Oct 08, 2026
This job expires in: 30 days
Job Summary
Managing a portfolio of distressed commercial real estate loans, the full-time remote New York Licensed Commercial Workout Officer will evaluate property operations, develop loan resolution strategies, and oversee judicial foreclosure proceedings while ensuring compliance with regulatory requirements.
Key responsibilities
- Manage and monitor distressed commercial real estate loans, assessing collateral performance and borrower conditions
- Develop and execute strategies for loan modifications, restructurings, and other workout solutions
- Prepare credit memoranda and action plans for management approval and lead negotiations with stakeholders
Required qualifications
- Bachelor's Degree in Finance, Real Estate, Accounting, or a related field
- 9+ years of experience in commercial real estate workouts or credit risk management
- Deep understanding of commercial loan documentation and mezzanine financing
- Extensive experience analyzing property financial statements
- Proficiency in Excel and experience with loan servicing or risk management systems
Complete Job Description
The complete job description is available to members. Premium membership includes:
Full access to 41,387 remote jobs from human-vetted companies, updated daily
Resume Builder - AI-powered tool to craft, enhance, and tailor your resume to a specific job
Twice-monthly live group coaching and the full Remote Career Center
20% member discount on Career Services
Backed by a 30-day money-back guarantee