Position Title
Special Assets Analyst
Location
New York, NY 10018The Special Assets Analyst supports the Special Assets team with day-to-day management 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
Conducts market research and analysis toassistSpecial Assets Officers andTL’swith Classified loan remediation efforts.
Assistswith creating/auditing documents requested by third party consultants including loan officers, attorneys, and appraisers.
Assistswithcreationof relevant documents related to forecasting and other monthly/quarterly reporting requirements.
SupportsSpecial Assets Officers and TL’s with implementing actions and workout strategies.
Acts as a liaison when neededforinternal/external stakeholders
Run financial spreads and modeling asrequired
Reviews andmaintainsrecurrent status reports from outside counsel, detailing loan status in the legal process and making updates asrequired
Maintains file records andtransitionto document retention and retrieval.
Completes self-audits for key processes tomaintainfiles andassistin audit documentation requests.
ADDITIONALACCOUNTABILITIES
Performs special projects, andadditionalduties and responsibilities asrequired
Consistently adheresto regulatory and compliance policies and standards linked to the job as listedand complete required compliance trainingsAccountable tomaintaincompliance with applicable federal,stateand local laws and regulations.
JOB REQUIREMENTS
Required Qualifications:
Education levelrequiredUndergraduate Degree (4 years or equivalent) Business Administration, Finance, or related field
Minimum experiencerequired4+ Yearswithin the Loan Workout/Special Assets field, preferably at an OCC regulated institution
Preferred Qualifications:
Familiarity with various loan databases
Job Competencies:
Excellent knowledge of and ability to interpret real estate documentation.
Excellent knowledge of real estate policies,proceduresand related lending laws.
Computer literate with proficiency in Word and Excel.
Excellent verbal and written communication skills.
Excellent organizational skills with ability to multitask.
Detail oriented and ability to prioritize workload.
Ability to work independently.
Ability to perform mathematical calculations.
Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
Fosters orsupportsa positive work culture and productive work environment, displayingimportanceof effective relationships with customers and stakeholders.
Physical demands (ADA):No unusual physical exertion is involved.
Flagstar is an Equal Opportunity Employer
We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank
Pay Range
$67,758.75 - $106,505.00
Thank you for visiting Flagstar Bank, N.A. on LinkedIn, and we look forward to being part of your financial journey. Today, Flagstar Bank, N.A., is one of the largest regional banks in the country. The company is headquartered in Hicksville, New York. At September 30, 2025, the company had assets of $91.7 billion. We operate approximately 340 locations across nine states, with strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast. We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know.
