Redwood Trust Inc
Senior Special Assets Analyst
Redwood Trust Inc, Charlotte, North Carolina, United States, 28204
Job Description
Job Description
Position Summary The Sr. Special Assets Analyst will work in a supporting role on the resolution of distressed or non-performing commercial mortgage loans and assets. This role requires an investment professional with experience in asset management, cashflow modeling, loan workouts, and distressed debt restructuring.
Responsibilities & Duties Manage a portfolio of distressed or non-performing assets, ensuring effective resolution and mitigation of credit risk. Develop and implement comprehensive strategies and action plans for resolving troubled assets, including loan modifications, restructuring, forbearance agreements and asset disposition. Conduct thorough financial analysis, risk assessments, and valuation reviews of troubled assets to evaluate potential recovery options and minimize losses. Collaborate with internal stakeholders, including senior management, loan origination teams, legal counsel, and external partners, to develop and execute work out strategies aligned with business objectives. Oversee the negotiation and documentation of workout agreements and legal settlements with borrowers, ensuring compliance with regulatory requirements and internal policies. Monitor and track the performance of troubled assets, analyze trends, and prepare regular reports and updates for senior management and stakeholders. Build and maintain relationships with external parties, including borrowers, asset managers, brokers, and legal advisors, to facilitate asset management and resolution efforts. Perform other related duties or special projects as assigned.
Required Experience, Skills, & Competencies Bachelor’s degree in finance, real estate, business administration, or a related field; master’s degree or professional certifications (e.g., CFA, CPA, CCIM,) preferred. Minimum 3-5 years of experience in commercial real estate, finance, asset management, loan workout, or a related field, with a proven track record of successfully managing distressed assets. Strong understanding of commercial mortgage lending, loan structuring, underwriting principles, and legal documentation. Analytical, negotiation, and communication skills, with the ability to interact effectively with internal and external stakeholders at all levels. Proficiency in financial modeling, Microsoft Excel, and other relevant software applications. Thorough knowledge of regulatory requirements and compliance standards related to commercial real estate lending asset management activities.
A reasonable estimate of the total compensation range for this role is $70,000-$90,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.
At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity
thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Job Description
Position Summary The Sr. Special Assets Analyst will work in a supporting role on the resolution of distressed or non-performing commercial mortgage loans and assets. This role requires an investment professional with experience in asset management, cashflow modeling, loan workouts, and distressed debt restructuring.
Responsibilities & Duties Manage a portfolio of distressed or non-performing assets, ensuring effective resolution and mitigation of credit risk. Develop and implement comprehensive strategies and action plans for resolving troubled assets, including loan modifications, restructuring, forbearance agreements and asset disposition. Conduct thorough financial analysis, risk assessments, and valuation reviews of troubled assets to evaluate potential recovery options and minimize losses. Collaborate with internal stakeholders, including senior management, loan origination teams, legal counsel, and external partners, to develop and execute work out strategies aligned with business objectives. Oversee the negotiation and documentation of workout agreements and legal settlements with borrowers, ensuring compliance with regulatory requirements and internal policies. Monitor and track the performance of troubled assets, analyze trends, and prepare regular reports and updates for senior management and stakeholders. Build and maintain relationships with external parties, including borrowers, asset managers, brokers, and legal advisors, to facilitate asset management and resolution efforts. Perform other related duties or special projects as assigned.
Required Experience, Skills, & Competencies Bachelor’s degree in finance, real estate, business administration, or a related field; master’s degree or professional certifications (e.g., CFA, CPA, CCIM,) preferred. Minimum 3-5 years of experience in commercial real estate, finance, asset management, loan workout, or a related field, with a proven track record of successfully managing distressed assets. Strong understanding of commercial mortgage lending, loan structuring, underwriting principles, and legal documentation. Analytical, negotiation, and communication skills, with the ability to interact effectively with internal and external stakeholders at all levels. Proficiency in financial modeling, Microsoft Excel, and other relevant software applications. Thorough knowledge of regulatory requirements and compliance standards related to commercial real estate lending asset management activities.
A reasonable estimate of the total compensation range for this role is $70,000-$90,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.
At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity
thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.