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Analyst (temp-to-perm) CMBS Securitization

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
New York
 NY
Postal Code
10013
Country
United States

This job is no longer active.

Description


We are looking for a Temporary (with high likelihood of conversion to permanent) CMBS Securitization Analyst on behalf of our client, a leading global investment bank consistently ranked among the Top 10 issuers in CMBS. 

 

 

In this role, you will be assisting the securitization team with the full suite of responsibilities necessary to package loans for securitization and issue a deal.  The team has been working on a high volume of transactions, and it is a fairly small, nimble team that adjusts as it needs to meet workload requirements and deadlines.  The ideal candidate will have a strong work ethic and desire to work hard and learn new things.  This person would also need to take ownership of work, and help contribute to the greater team goals.

 

 

This role is being structured initially as a temporary role with the potential of converting to a full time position.  While you will be supporting the securitization team, strong performance will be rewarded with potential additional learning opportunities available within the group.

 

 

 

 

 

Key responsibilities include:

 

  • Assemble asset-level information and data tape for rating agency process, including cleaning up underwriting and working with accountants to tie out / comfort the tape
  • Respond to rating agency and investor questions, and prepare and review prospectus and term sheet
  • Review credit write-ups, loan documents, leases, and third party reports to ensure that loan strengths are highlighted and identify credit risks & mitigants that may impact securitization 
  • Work with accountants and legal teams to draft and edit transaction legal documents provided to investors, including: termsheet, prospectus supplement, private placement memorandum, and pooling and servicing agreement
  • Answer B-piece buyers’ inquiries and conduct additional diligence when necessary in order to reduce the number of loans removed or price adjusted from designated pool  
  • Participate on haircut calls

 

 

Experience required:

 

  • 1-2 years experience in CMBS securitization, commercial real estate underwriting or similar.  Candidates from Big 4 firms, rating agencies or other CMBS securitization groups are highly desirable
  • Entry level candidates with internships in CMBS securitization or commercial real estate loan underwriting will also be considered
  • Bachelors in Finance, Real Estate or similar
  • Excellent excel and data manipulation skills
  • Strong work ethic and flexibility to work long hours
  • Enjoy working as part of a smart, collegial team 

About Situs

Since 1985, Situs has been the premier, global provider of end-to-end commercial real estate and loan advisory services and integrated solutions, offering customized services to leading financial institutions, investors, owners, and developers. We offer a wide array of services, including enterprise and process improvement, capital markets and commercial real estate advisory, primary and special servicing, and creative staffing solutions.

 

We are an equal opportunity employer (m/f/d/v).

This Employer Participates in E-Verify

EOE/M/F/D/V

 

Job Sector


Not specified

 

Experience


1+ to 2 years


This job is no longer active.

Finance / Investment New York Full Time NY Capital Markets, Finance, Due Diligence Originator, Commercial Real Estate Credit Investments other