Associate, Asset Management (Real Estate Loans) - US Investment Bank

Job DescriptionPosition OverviewThis role assists in the management of a portfolio of highly structured commercial real estate loans, while adhering to company policies and procedures, and managing client relations. Additionally, the position provides a high level of loan surveillance support to the client by monitoring and reporting on property level cash flows, rent rolls, market conditions and property valuations for a nationwide portfolio of loans across all types of commercial real estate property types.Essential Job FunctionsDay to day management of assigned loans, including communication with Borrowers and Lenders/InvestorsProcessing of borrower requests and consentsAnalyze property financials and report property/loan performance to Lenders/Investors on a quarterly basis via a Quarterly Asset Report (QAR)When applicable, correspond with Sponsors/Borrowers for updates on any property-level concerns, including Capital Expenditure Projects, leasing progress, Construction Status and overall performancePrepare and submit weekly loan portfolio updates identifying all relevant issues, discussions and events that occurred during the weekMonitor loan specific events and triggersSupervise and mentor direct reportsSuch other activities as may be assigned by your managerQualifications/ RequirementsBachelor’s degree field of study: real estate, finance/accounting, business or equivalent combination of education and experienceExperienced professional with 3+ years of industry and/or relevant experienceProficiency with major property types (office, industrial, retail, multifamily)Basic knowledge of specialty property types (hotels and condominiums)Proficiency with CRE principles including underwriting, loan servicing and treasury practicesProficient with common CRE calculations and concepts: IRR’s, NPV, DSCR’s, DY, NOI/NCFBasic knowledge of all deal types (transitional, development, pre-development, repositioning, and stabilized properties) and complex debt positions (participations, syndications, CLO’s/CDO\’s)Basic Knowledge of complex debt positions (senior and mezzanine debt, warehouse, and repo lines)Advanced Excel SkillsAdvanced knowledge of MS office suite including outlook, excel, power point and word #J-18808-Ljbffr