Description
Our client is a boutique investment management firm with $19 billion in assets that specializes in building tailored solutions for insurance companies with the goal to deliver superior risk-adjusted returns in a capital efficient way. Among other sectors, they specialize in differentiated direct loan origination across commercial real estate lending opportunities, leveraging direct interaction with borrowers.
Our client is looking for an Associate level Transaction manager who will manage deals from term sheet to closing. The candidate will be exposed to full range of transaction management responsibilities and interface with senior leadership, external parties to ensure that loans are closing in a timely manner. They will be part of a highly energized and committed team which values teamwork, learning and growth. This position hired through SitusAMC but located on site at our client’s office.
Essential Job Functions:
* Draft loan applications/ term sheets based on parameters from capital markets and underwriting.
* Interface with senior partners and team members and outside counsel
* Interact with borrowers and brokers to ensure timely delivery of due diligence
* Review legal/Underwriting due diligence
* Coordinate with loan underwriters re: non-legal due diligence
* Interact with the loan originators to ensure deal closing progresses smoothly
* Review loan documents
* Address borrower inquiries, and have proper judgment/experience to know when issues should be elevated
* Ensure that loan documentation reflects the approved conditions and structures
* Work with internal business teams to ensure transaction process follows compliance guidelines
* Interface with asset management and post closers on new asset onboarding
Qualifications/Requirements:
* 2-4 years of experience as transaction manager, underwriter or as a loan closer at a commercial real estate loan originator.
* Ability to read and understand commercial real estate loan documentation
* Familiarity with current structure and practice in mortgage and mezzanine lending. Familiarly with credit agreements
* Demonstrated ability to work in fast-paced, rapidly changing business environment which requires a flexible and adaptable style
* Strong attention to detail, analytical and accuracy skills
* Be a self-starter, have excellent verbal and written communication skills, and be proficient in Word.
SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Experience
2+ to 5 years
This job is no longer active.