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Our client is seeking an analyst or associate to join their team in the Pacific Northwest. They are a Bellevue based direct private lender that provides short term bridge loans secured by investment real estate. Our acquisition, construction and cash out loans to homebuilders, developers and investors of real estate are often funded upon short notice of less than 48 hours. We currently lend in Greater Seattle but plan to expand to other Pacific Northwest metro areas.
The successful candidate will work directly with and learn from Portfolio Manager and Managing Member with over 20 years of financial services experience that includes investment banking, venture capital, funds of hedge funds, long / short equity hedge funds, growth equity investing and real estate. The successful candidate will quickly learn all aspects of running and managing a secured lending fund. Long term opportunities for the successful candidate include equity ownership and profit sharing.
If you are interested in applying for the position, you can apply to job #211 on our careers website.
Qualities We Seek
- Keen attention to detail
- Innate disposition to learn
- Proclivity to challenge the status quo
- Intellectual curiosity
- Industriousness / Diligence / Strong work ethic / Ability to work long hours and weekends
- Ambition
- Ability to not only initiate but also rapidly and accurately complete tasks
- Proficiency with Excel financial modeling
- Experience from 2 or 3 year investment banking analyst program preferred
- BA or BS with at least 3 years of experience in finance or real estate
- Solid command of written English, especially grammar
Preliminary Responsibilities
- Underwrite, structure and close new hard money bridge loans ranging from $100,000 to $4 million secured by investment real estate ranging from single family homes to attached housing to multifamily rental units to commercial property
- Identify, understand and mitigate risks associated with special situations
- Service existing loans: Analyze, inspect and approve of construction draw requests; record and deposit monthly interest payments; calculate and manage payoffs
- Inspect residential construction in various phases
- Build, refine and maintain portfolio reporting database that entails numerous graphs and tables
- Speak and meet with prospective and existing borrowers
- Author portfolio reports, new loan recommendations, construction draw reports and parts of private placement memorandum
Compensation
- Above market salary and substantial annual discretionary incentive bonus
- Co-investment opportunities on preferred terms
- Health insurance premium contribution
Preferred Degrees
Bachelor of Science,
Bachelor of Arts,
Bachelor of Business Administration
Preferred Certifications
Not Applicable
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.
