If you are an internal associate, please login to Workday and apply through Jobs Hub.Commercial Real Estate Team The Commercial Real Estate Group (CREG) at PPM invests in commercial mortgage loans, on behalf of PPM's various clients. Specific responsibilities within the CREG include loan origination, loan closing, loan servicing, asset management and portfolio analytics, virtually all of which offer both quantitative/financial and qualitative components. Like the rest of PPM, the CREG prides itself on its collegial and collaborative culture where team members are encouraged to develop and explore solutions in a supportive environment, as well as its positive work-life balance. Senior leadership within the CREG averages nearly 20 years of tenure at PPM, which speaks to the quality of the work environment and the commitment of employees to each other.
Job PurposeThe Commercial Real Estate Group (CREG) loan origination team is responsible for all aspects of the loan origination process for both core and structured loans. The Real Estate Analyst works with CREG loan originators to help source, review, underwrite, and present new loan opportunities as well as playing an active role in loan closing, servicing, and monitoring of the existing portfolio throughout the entire life of the loan. The Real Estate Analyst works as part of the CREG loan origination team in all aspects of the loan origination process.
Essential Responsibilities- Provides support and analysis in all aspects of the core and structured mortgage loan origination process, including economic analysis, borrower/sponsor analysis, market analysis, lease review and analysis, and preparation of committee presentations.
- Works closely with CREG originators and the Head of Loan Origination in reviewing, quoting, negotiating, and underwriting new core and structured loan opportunities. Acts as an integral part of a cohesive origination team that is responsive, efficient, and productive.
- Works closely with CREG's mortgage broker network and borrowers to review new core and structured loan opportunities, secure needed information for underwriting, perform deal approval and closing, and provide back-up market coverage for originators when necessary.
- Provides support to originators, when needed, to ensure CREG process is responsive and efficient.
- Assists originators and CREG loan closers in closing new loan transactions, including review of third-party reports and updated economic information, and procuring of needed closing items.
- Collaborates with the entire CREG origination team to refine processes and procedures for new loan originations, develop an annual business plan, and to adjust team strategy, as needed, to ensure the origination of high-quality loans that will perform well over time and meet clients' needs.
- Builds and maintains strong relationships with mortgage brokers, borrowers, and other industry leaders.
- Attends industry conferences and takes part in industry organizations.
- Works closely with Loan Servicing, Portfolio Analytics, and Asset Management to monitor the existing loan portfolio.
- Assists the other teams within CREG in ad-hoc projects, as needed.
Other Duties- Performs other duties and/or projects as assigned.
Knowledge, Skills and Abilities- Strong understanding of commercial real estate valuation, cash flow analysis, and market risk drivers.
- Excellent financial modeling skills with proficiency in Microsoft Office, especially Excel and Word.
- Excellent written and oral communication skills with the ability to interact well with people inside and outside of the organization.
- Excellent organization skills with a strong attention to detail and ability to manage multiple projects.
- Excellent presentation skills.
- Ability to work independently and as a part of a team.
Qualifications- Bachelor's Degree in Commercial Real Estate, Finance, or related field required.
- MBA with concentrations in related fields preferred.
- 2+ years of experience in the commercial real estate field, including direct experience in providing analysis and origination of new core and structured commercial mortgage loan transactions, required.
- Life insurance company mortgage lending experience preferred.
- CRI or CFA designation preferred.
BenefitsAt PPM, we offer volunteer opportunities to get involved with a diverse network of peers and support the causes that are important to you. Your passion and talents can make a lasting impact on our organization and our community. Additionally, our employees go the extra mile every day and the benefits of working at PPM reflect our commitment to supporting and enhancing their personal and professional lives. The plans and programs listed below are offered in collaboration with our parent company.
- Competitive salary and bonus
- Medical, dental and vision coverage
- For eligible employees, $2 for $1 matching on 401k contributions, up to a max matching contribution of 12% of your eligible compensation.
- Tuition and professional certification reimbursement
- Paid parental leave
- Adoption assistance
- Holidays and paid time off
- Paid time off to volunteer
Base Pay:$90,000.00 - $105,000.00. The base salary for this position may vary depending on experience, job-related knowledge, skills, and abilities. In addition to the base salary, this role will be eligible to participate in our annual bonus program. This role will also be eligible for compensated personal time off and holidays, health benefits, 401(k) plan with generous matching and other benefit programs according to the Company's employment policies and subject to the formal terms of such plans and programs.
