JOBDESCRIPTION:We are currently seeking a Capital Markets Associate to join our growing team in NYC. This role provides support in delivering commercial real estate transactions and advisory projects, including, but not limited to, data tapes, term sheets and offering documents for CMBS and CLO transactions, and other commercial real estate loan underwriting and securitization services.
ResponsibilitiesESSENTIAL DUTIES:- Review loan-level data, credit memos, appraisals and other due-diligence materials to verify accuracy and completeness prior to securitization
- Analyze commercial real estate collateral, including property performance, lease structures and market conditions to assess credit quality
- Prepare and maintain financial models for securitized transactions, including cash flow projections and loan-level metrics
- Assist in drafting and reviewing large-loan write ups and offering documents for accuracy and consistency and completion of data tapes for CMBS and CLO securitization transactions
- Coordinate with internal and external stakeholders including originators, underwriters, legal counsel and accountants to ensure timely completion of deal milestones
- Perform data reconciliations and quality control checks across internal systems
- Work with a variety of clients (financial institutions, REITs, private equity funds and hedge funds) to execute bespoke commercial real estate securitizations on a principal or agented basis
QualificationsSKILLS, EDUCATIONANDEXPERIENCE:- 5+ years of experience in structured finance; CMBS or CLO transactions and prior securitization experience preferred
- Bachelor's degree or higher, ideally in a finance-related field of study such as Business Administration, Economics, Finance, Engineering or Mathematics
- Proficiency in Excel, experience with Intex, Bloomberg, or other fixed income analytical tools a strong plus; exposure to databases and/or programming languages a plus
- Firm understanding of the principles of finance, business operations, and mathematical and/or statistical modeling
- Detail oriented, with a highly disciplined approach to process and quality control
- Effective communication skills to interact with functional partners, clients and rating agencies
- Ability to work in a fast-paced and quickly changing environment
- Strong team player with organizational and multi-tasking skills
Salary Range Language: The expected base salary for this position ranges from $100,000 to $150,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements.
NOTE:The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
