Banking & Commercial Loan Workout Manager jobs in Jacksonville, FL

*Flexible location but ideally Jacksonville, FL or Purchase, NY*

Quaestor Advisors (“Quaestor”) is an affiliated Special Servicer, which provides mid and back-office services, including asset management, to Arena Investors and external clients.

The firm currently has offices in New York, San Francisco, Florida, London, Dublin, Singapore, Auckland and Bangalore.

Arena is looking to expand the team through the addition of a VP Credit Restructuring / Workout professional. In this role, this individual will initially work independently but ultimately will be expected to grow and manage a small team. The Asset Management Group’s primary responsibilities include portfolio surveillance, risk management, maximization of return for the firm’s investment portfolio, and asset valuation, amongst other items. Ideal candidates will be organized, self-motivated, resourceful, and able to work effectively with all internal functional groups.

Responsibilities:

• Independently manage a wide range of bespoke illiquid credit investments including monitoring of business and financial performance of the portfolio counterparty as well as research and analysis of market dynamics.
• Review and analyze deal structure, financial statements, cash flow forecasts, asset collateral, 13-week cash flow statements, covenants and legal documentation.
• Generate detailed financial models and projections, sensitivity analysis, covenant analysis, duration, LTV, and IRR and NPV calculations, amongst others.
• Negotiate and carry out amendments, waivers, consents and any other legal documents pertaining to the asset under management, including but not limited to, in and out of court restructuring processes.
• Analyze, propose, negotiate, and implement the sale or refinancing of assets.
• Ability to effectively communicate both internally and externally with C-Suite individuals.
• Responsible for monthly valuation of all assigned financings.
• Must be a “Player Coach”, with personal responsibility for modeling and managing complicated assets, while overseeing and training team members and support analysts.
• Extensive interface with Front Office, Asset Management, Finance and Operations teams, as well as Quaestor Strategic Advisors.
• Prepare presentations and memorandum that will include background information, transaction structure, financial projections, and recommendations.
• Work with the Managing Directors of Asset Management to build out the team overtime as the asset base grows.