Analyst - CMBS Team

About Banking CMBS Origination

The CMBS origination team underwrites loans secured by commercial mortgages that are securitized in CMBS transactions.

Key Accountabilities:

- Analyze property financials in order to monitor and report on asset performance.

- Reconcile and review various reports, including monthly portfolio statistics, remittance reconciliations, and monthly asset reports.

- Review rent rolls, noting upcoming lease terminations, renewals, and any free rent periods for tenants.

- Aggregate and compile property-level information into facility-wide statistics and presentation materials.

- Ensure the accuracy and timeliness of property financial updates and reporting.

- Generate periodic facility and portfolio-level reports for CRE senior leadership and business partners in Credit Risk.

- Provide ad hoc analysis as requested by senior management.

- Oversee IT automation of reporting and analytics tools, focusing on efficiency and scalability.

- Perform market and asset-level research.

- Monitor the collection of required financial reporting from borrowers, including property operating statements, rent rolls, STR reports, and guarantor/borrower financials.

- Perform covenant compliance tests for guarantor hurdles.

- Support the asset management team in their daily responsibilities.

Stakeholder Management and Leadership:

- The candidate would directly interact with the CMBS Origination teams. They would have to interact with the team members on a regular basis to make sure that the various models, reports and projects that they are developing are as per requirements

Decision-making and Problem Solving:

- The candidate will have to be proactive in identifying issues and getting them resolved by coordinating with various stakeholders

- The candidate needs to work on several time sensitive activities and hence is required to be meticulous and efficient

Essential Skills/Basic Qualifications:

- Bachelor's/Master's degree from a highly regarded, accredited institution.

- 1-3 years' experience in asset managing or underwriting commercial real estate loans.

- Excellent communication skills and willingness to work as part of a larger team.

- Detail-oriented with very strong organizational skills.

- Strong work ethic with the ability to meet deadlines.

- Strong financial modeling/Excel skills; Argus proficiency is preferred.

- Familiarity with market research sources such as RCA, CoStar, Reis, etc.

- Experience with complex loan structures and documentation.

- Must possess and maintain a current, valid Driver License.