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Our client is searching for a pre or post-MBA Analyst/Associate to join its team. The Analyst/Associate is responsible for developing and accessing property-level cash flows and reaching valuation conclusions for all major US markets and property types (i.e., retail, office, industrial, hospitality, multifamily). The Analyst/Associate will conduct income property due diligence, underwriting, and valuation under tight deadlines for both acquisitions as well as new loan underwriting. If you are interested in applying, please visit job #215 on our careers website.
Location: New York, NY
Start Date: Immediate
POSITION / RESPONSIBILITIES
- Objectively analyze complex commercial property market data, property condition reports, appraisals, and environmental reports.
- Model unlevered cash flows from complex lease and reimbursement structures and levered cash flows based on in-place debt / new acquisition financing.
- Perform valuation using industry-recognized approaches.
- Thoroughly analyze tenant level information including financial trends and credit ratings, stock market capitalization and key financial ratios pertaining to public and private companies.
- Recommend resolution strategy (i.e., discounted purchase, foreclosure, hold-to-maturity) for both performing / non-performing loans, and direct equity investments (i.e., optimal hold period, exit assumptions).
- Develop full understanding of the borrower or sponsor creditworthiness.
- Prepare credit analysis reports for loan approval.
- Identify and quantify risks and describe mitigating factors for risks.
- Relate CRE cash flows and market valuations to capitalization structure to determine appropriate value and potential impact on loan level losses.
- Relay findings in a concise manner.
- Prepare commercial real estate market analysis on ongoing basis for presentation to Senior Management for assessment of the CRE markets.
- Perform ad hoc and special projects as requested by Senior Management.
QUALIFICATIONS
- High capacity for strategic thought and the ability to solve complex business problems.
- Solid quantitative and qualitative analysis skills with advanced experience in Excel and Argus property-level / loan-level modeling.
- Successfully engages in multiple initiatives simultaneously.
- Excellent verbal and written communication skills and the ability to interact professionally with a diverse group, executive, managers, and subject matter experts.
- Strong attention to detail in analytical assessments; experienced in developing and maintaining high quality reports and assessments.
- The ability to adapt to a rapidly changing business environment.
- The ability to work independently and operate effectively in a cross-functional environment.
- High degree of initiative and strong ability to meet principal accountabilities with limited direction and oversight.
- Demonstrated ability to prioritize work and manage time in a deadline-driven environment.
Education
- Bachelor’s Degree in Finance , Accounting, or Business Management
- Degree from top tier undergraduate program
Experience
- Analyst Level: 0-3 years of commercial real estate finance experience with a comprehensive understanding of CRE debt underwriting
- Associate Level: 2-4 years of commercial real estate finance experience with a comprehensive understanding of CRE debt underwriting
Computer Skills
- Proficiency in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)
- Excel modeling is a key competency
- Working knowledge of Argus
Compensation / Benefit Package:
Salary: Commensurate with experience
Bonus: discretionary annual bonus
Vacation/Sick: 19 days per year on PTO plan
Benefits: Medical, Dental, Vision, 401(k), Short and Long Term Disability, Basic and Voluntary Life Insurance, Flexible Spending Account, Child Care Subsidy, Tuition Reimbursement, Discounted Athletic Membership
Preferred Degrees
Bachelor of Science,
Bachelor of Arts,
Bachelor of Business Administration
Preferred Certifications
N/A
Preferred Work Status
U.S. Citizen,
U.S. Permanent Resident (Green Card Holder)
Willingness to Travel
Yes
Carried Interest
No
Stock Options
No
This position has been filled. If you're interested in viewing our current open positions, click here.
