Michael Rosenheck
About Michael Rosenheck
Michael Rosenheck serves as the Senior Vice President and Senior Special Assets Officer at City National Bank, where he specializes in restructuring distressed assets into performing loans. With extensive experience in credit management and special assets, he manages a significant portfolio of distressed loans and has a strong background in complex litigation and bankruptcy processes.
Work at City National Bank
Michael Rosenheck serves as the Senior Vice President – Senior Special Assets Officer in the Special Assets Department at City National Bank, a subsidiary of the Royal Bank of Canada. He has held this position since 2011, contributing over 13 years of experience in managing distressed assets. His role involves restructuring distressed assets into performing loans through various methods, including forbearances and note sales. He oversees a portfolio of distressed loans exceeding $100 million, focusing on recoveries and settlements of complex deals.
Previous Experience in Asset Management
Prior to his current role, Michael Rosenheck worked at several financial institutions. He was a Senior Asset Servicing Professional at Mir Mitchell & Company, LLC from 2010 to 2011, where he managed assets for Liberty Bank as the FDIC Receiver. He also held the position of Vice President – Senior Business Development Officer at Textron Financial, Inc. from 2007 to 2008. His experience includes a role as Vice President – Origination and Underwriting at LaSalle Business Credit, LLC from 2001 to 2004, and as Director – Business Development at Gordon Brothers Group from 2004 to 2007.
Education and Expertise
Michael Rosenheck holds a Bachelor of Arts in Economics from the University of California, Los Angeles, where he studied from 1975 to 1978. He furthered his education by earning a Master of Business Administration in Finance and International Finance from The University of Chicago Booth School of Business from 1978 to 1980. His educational background supports his expertise in credit management, mortgage lending, and compliance, as evidenced by his NMLS license and RESPA training.
Specialization in Distressed Assets
Michael Rosenheck specializes in the management and restructuring of distressed assets. His work involves engaging in complex litigation and bankruptcy processes, including 363 bankruptcy sales and deficiency suits. He employs various strategies to convert distressed assets into performing loans, demonstrating a disciplined approach to credit management and asset recovery.