Jobfox - V.P., Assistant Director of Special Assets

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Company Name: Boston Capital Corporation

Job Title: V.P., Assistant Director of Special Assets

Location: Boston, MA

Profession: Corporate Finance

Job Description:

Responsible for overseeing a portfolio of under-performing assets, developing work-out strategies and reporting progress toward resolution;

Develop and implement strategies for resolving problems with under-performing assets.

Negotiate financial restructuring of specific assets.

Negotiate settlement agreements with General Partners.

Research compliance with Partnership Agreement obligations of General Partners and Boston Capital.

Provide written and oral presentations to senior management, Special Assets Committee, investors, and lenders as to issues and progress toward resolution of work-out plans.

Supervise consultants assigned to specific special assets.

Review or write, as applicable, special assets business plans.

Prepare annual funding recommendations.

Review Budgets and financial reporting for conformance to business plans.

Review monthly reporting package

Review quarterly reports to investors, Corporate and Public

Requirements:

Minimum of 8 years experience with real estate debt restructure or multi-family asset management.

Must have a BS/BA degree, excellent financial, analytical, communication and organizational skills.

Multi-family Real Estate and Tax Credit experience desirable.

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