Note: The job is a remote job and is open to candidates in USA. Builders Capital is the nation's leading private construction lender, providing innovative financing solutions to professional homebuilders. We are looking for a Special Assets Operations Analyst to support the Special Assets Group by monitoring and administering a portfolio of problem loans, performing financial and credit analysis, and coordinating with internal stakeholders and third-party vendors.
Responsibilities
- Track, monitor, and report upon the Problem Loan Portfolio (Portfolio), which incorporates all BC assets from AQR 6 thru OREO, including providing analytical and administrative support to SAG Officers, encompassing the following activities/responsibilities:
- Supporting all aspects of the Portfolio, including but not limited to ordering third party reports, processing invoices, collecting/analyzing financials, updating LMS, issuing Notices of Default (NOD), processing draws, coordinating/participating in Borrower/Guarantor communications, etc
- Completing periodic analysis of assigned relationships, including spreading financials, updating impairment analyses, and drafting Problem Loan Reports (PLR)
- Coordinating with third party vendors, including contractors, subcontractors, attorneys, receivers, title/escrow, and RE agents
- Understand, stay abreast, and make recommendations regarding BC Policy and Procedures, in addition to applicable laws and regulations in area of responsibility
- Perform/verify valuations, investigate credit history, and evaluate personal/business assets within BC policy and procedure as well as applicable federal laws
- Support development of credits strategies with varying and evolving degrees of aggressiveness commensurate with the situation
- Maintain current knowledge of general economic conditions or changing trends that may affect BC assets
- Underwrite and draft credit requests for submission to management and capital partners
- Provide operational and administrative support to the Special Assets Group across LMS, Asana, and related systems
- Support internal and external reporting by compiling, validating, and organizing loan level data, narratives, and supporting documentation, including assistance with recurring and ad hoc reports
- Maintain standardized reporting templates, documentation, and workflows to support consistency, accuracy, and efficiency
- Track tasks, deadlines, and asset level requirements to support timely execution of departmental priorities
- Support intake, setup, and ongoing monitoring of assigned Special Assets
- Other duties as assigned to achieve the goals of the department and BC
Skills
- 1–3 years of experience in commercial credit, loan servicing, underwriting, asset management, or special assets support
- Ability to work in either our Ft. Lauderdale, FL, Puyallup, WA, or Cleveland, OH office
- Ability to analyze borrower and guarantor financial statements, including spreading financials and basic cash flow analysis
- Experience assisting with impairment analysis, collateral valuation review, and financial trend analysis
- Understanding of fundamental credit principles, loan structures, and risk assessment
- Ability to investigate credit history and evaluate personal and business financial information in accordance with internal policy and applicable regulations
- Experience preparing or supporting Problem Loan Reports (PLRs), credit memos, and internal management reports
- Strong attention to detail in compiling, validating, and organizing loan-level data and supporting documentation
- Ability to maintain standardized reporting templates and documentation to ensure consistency and accuracy
- Proficiency in Microsoft Excel, including financial models, data analysis, and reporting
- Experience working with Loan Management Systems (LMS) and workflow/project management tools (e.g., Asana or similar), or ability to learn quickly
- Strong organizational skills to track tasks, deadlines, and asset-level requirements
- Detail-oriented, analytical, and well-organized
- Ability to manage multiple priorities in a deadline-driven environment
- Strong work ethic with a willingness to take on additional responsibilities to support team objectives
- High level of professionalism and discretion when handling sensitive information
- Exposure to criticized/classified loans, workout situations, or distressed assets preferred
Benefits
- Health Insurance – We’ve got you covered! Builders Capital pays 100% of your medical insurance premiums to keep you healthy and stress-free, offering a PPO and HSA plans.
- Paid Time Off – Take time to recharge with 3 weeks of paid time off each year.
- Paid Holidays – Enjoy 10 paid holidays throughout the year so you can spend quality time with family, friends, or doing whatever you love.
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