Loan Workout Portfolio Manager - To 135K - Staten Island, NY - Job 3761
On-site New York Full-time Manager Investment & Corporate Development
At a glance
Manager-level Investment & Corporate Development role at The Symicor Group. New York · full-time · up to $135,000 base.
SalaryStated by The Symicor Group
Up to $135,000
Base salary for this role, in USD per year, as published in the posting.
Worked out from 123 postings that stated pay, median $125,000. Last updated Oct 22, 2026.
RoleInvestment & Corporate Development
SeniorityManager
LocationNew York
WorkplaceOn-site
EmploymentFull-time
Base payup to $135,000
PostedMar 31, 2026 · 6mo ago
Role brief
financeroles summary, based on the employer's posting.
What you'll do
- Build recovery plans for troubled loans or arrange an orderly exit when rehabilitation is not viable
- Review credit files and compare current asset quality with the expectations set during underwriting
- Coordinate with legal counsel on bankruptcy cases, foreclosures and debt restructuring
- Write procedures for collateral oversight, loan workouts and recurring credit reviews
- Track portfolio health through stress tests, reserve analysis, loan performance and borrower-change memos
What you bring
- At least three years in commercial banking, credit analysis or special assets and loan workouts
- Strong financial analysis skills and practical knowledge of commercial lending products
Who this fits
This manager role suits someone with commercial credit or workout experience who can assess loan risk and coordinate recovery actions. The job is on-site in Staten Island, New York. A college degree is preferred.
From the employer
Loan Workout Portfolio Manager – To $135K – Staten Island, NY – Job # 3761
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our client is seeking to fill a Loan Workout Portfolio Manager role in the Staten Island, NY area. The position is responsible for overseeing portfolios that are distressed, delinquent, or high-risk commercial loans, developing strategies to maximize recovery and minimize losses.
This position comes with a generous salary of up to $135K and full benefits package. (This is not a remote position).
Loan Workout Portfolio Manager responsibilities include:
- Develop and implement workout plan to rehabilitate loans or facilitate orderly exits.
- Prepare Credit Reviews to assess asset quality, including performance against original underwriting expectations.
- Work with legal counsel on bankruptcies, foreclosure actions, and debt restructurings.
- Experience writing policies and procedures for collateral monitoring, workouts, and periodic loan reviews.
- Report on the assigned portfolio, including asset quality, stress testing, industry and market analysis, asset allocation, reserves, and non-performing loan analysis.
- Draft memos for any substantial changes in a borrower's financial stability or ownership structure.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
- 3+ years in commercial banking, credit analysis, or special assets/loan workout.
- Deep experience with financial analysis.
- College degree preferred.
- Working knowledge of commercial lending, e.g. commercial real estate, construction and C&I products.