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Senior Associate

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
New York
 NY
Postal Code
10001
Country
United States

This job is no longer active.

Description


This Senior Associate ( SA ) level real estate professional will support Underwriters and Senior Underwriters.


Primary responsibility is to participate in the underwriting and due diligence services associated with senior commercial mortgage loans and preferred equity transactions for institutional clients. Real estate transactions will be primarily bridge and construction loans on transitional assets.

 

Under the direction of the Senior Underwriter, the SA will be responsible for compiling DD checklist, reviewing property related documents including leases, reviewing third-party reports, preparing cash flow models and preparing a comprehensive asset summary.

 

The SA should possess strong communication skills and experience with value-add real estate transactions and construction projects.

 

EDUCATION and EXPERIENCE
  
Bachelor's degree from a four-year college or university required. Minimum two years experience in analysis of commercial real estate properties, including duties such as inspecting property, reviewing financial statements, and underwriting loan transactions. Appraisal experience is desirable for property valuation and market analysis.

The ideal candidate will have a minimum of 2-5 years experience in commercial real estate due diligence, lending, origination or asset management.  Experience with creating cash flow models in Excel and familiarity with Argus are required.

 

COMMUNICATION SKILLS
  
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.

 

Requires knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts basic financial analysis.

Ability to comprehend, analyze, and interpret documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.

Proficient in common Adobe and Microsoft applications including: Word, PowerPoint and Excel.

Will be required to travel as needed.
Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.

SCOPE OF RESPONSIBILITY
   

Equal Opportunity and Affirmative Action Employer Women/Minorities/Persons with Disabilities/US Veterans

 
 

Experience


N/A


This job is no longer active.

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