Job Description
Global Markets Division, Loan Management, Commercial Real Estate (CRE) Financing CRE Loans Associate / Vice President
The Loan Management team is a business unit within the Global Markets division, primarily supporting the Mortgage Loan Trading desk and Investment Banking’s Real Estate Finance Group.
The team is a multi-faceted diligence and asset management platform specializing in whole loan acquisition, sales, securitizations, and financing opportunities.
The Loan Management team has product expertise across mortgages, consumer loans, real estate and warehouse financing.
Candidate’s role will have key responsibilities in underwriting / managing / overseeing commercial real estate loans that GS has interest in.
Work collaboratively to achieve department and firm objectives, Develop and maintain market relationships with appropriate vendors and other industry participants ,Participate in structuring and execution of optimal financing solutions for external clients, Review loan level financings, appraisal review, and other activities that may require feedback from the debt originations or real estate finance groups, Present potential decisions’ impact on assets and asset performance to senior leadership
Underwriting
Analyze and present opportunities and risks inherent in specific sectors and markets
Perform valuation analyses and due diligence related activities
Track and forecast operating cash flows from real estate assets using a combination of market data, property specific operating norms, actual performance data and GS specific standards required to evaluate, pursue, and close debt investment opportunities.
Coordination of internal and external resources to analyze investments opportunities
Asset Management
Oversee and / or directly manage a diverse portfolio of commercial real estate loans
Experience interacting with property managers, third party vendors, borrowers and law firms
Experience in ARGUS and Excel cash flow modeling / forecasting in conjunction with the use of market sale and rent comps to determine real estate values across a variety of property types : multifamily, hospitality, retail, industrial, office, self-storage, senior living, etc.
Monitoring business plan performance and making tactical and strategic recommendations, as appropriate
Analysis & Reporting
Prepare and present transaction memos summarizing due diligence and credit analysis for obtaining internal approvals
Prepare and present quarterly business plan updates, market updates and factors affecting collateral value and ultimate stabilization timeline to Senior Management and internal clients for review and approval
Prepare and update monthly reporting packages for management and clients
Basic Qualifications
Minimum 5 years of experience in originating / underwriting CRE loans and / or managing performing / distressed assets
Experience valuing multiple commercial real estate product types
Proficiency in Excel, PowerPoint and Word
Strong academic background
Preferred Qualifications
Excellent quantitative, verbal and written communication skills
Self-motivated, ability to work both autonomously and in a team setting
Solid analytical / logical mindset and attention to detail
Strong sense of accountability and dedication to continuous improvement
Ability to work under pressure and meet deadlines ensuring high quality output