Associate - CMBS Team
Company: SelectLeaders
Location: Miami
Posted on: January 26, 2023
Job Description:
The role with Performing Loan Requests will work closely with
company leadership and professional service firms in the day-to-day
management and advancement of Performing Loan Requests in Rialto's
portfolio. This individual will have a blend of commercial real
estate knowledge, loan document understanding and financial
modeling skills. Excellent written and verbal communication skills
are essential attributes.KEY RESPONSIBILITIES
- Negotiate complex transactions
- Draft credit recommendation memoranda and present conclusions
to senior management
- Underwrite performing loan requests for reserve disbursements,
property manager changes, lease approvals, loan assumptions, equity
transfers, franchise changes and other requests as needed from time
of assignment through closing stages
- Perform property-level quantitative credit analyses including:
debt service coverage ratio calculations, debt yield calculations,
property specific cash flow analysis, tenant roll, and possibly
other financial analysis/modeling in order to formulate and
substantiate a credit recommendation
- Analyze property operating performance through review of
operating statements, rent rolls and leases
- Evaluate and abstract third-party reports, loan documents,
service contracts and leasing / listing agreements
- Communicate effectively with internal and external parties
including borrowers, legal counsel, property managers, vendors, and
other Rialto departments
- Ensure all requests are handled in compliance with the terms of
the related Loan DocumentsBASIC QUALIFICATIONS
- Bachelor's Degree from an accredited university is required
preferably specializing in Real Estate, Finance, Accounting or
related business field preferred
- Master's Degree or other post-graduate degree preferred
- 3+ years of related experience in commercial real estate,
property underwriting, loan servicing, or other related field
- Proficiency with Microsoft Office applications
- Strong work ethic and attention to detail
- Ability to multi-task and collaborate within a team
setting
Keywords: SelectLeaders, Miami , Associate - CMBS Team, Other , Miami, Florida
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