Analyst, Private Loan Operations
About The Position
Brio Real Estate is a Blackstone Real Estate portfolio company focused on real estate credit. It supports Blackstone’s Real Estate Debt Strategies (BREDS) investments globally by providing corporate, transaction, and management services. BREDS has more than $76 billion of investor capital across high-yield and opportunistic real estate credit funds, a publicly traded Mortgage REIT, and liquid securities strategies. The Analyst of Servicing and Onboarding facilitates day-to-day operations for a diverse and growing portfolio of complex commercial real estate debt investments and related financing structures. This client-facing position requires strong attention to detail, urgency, and a proactive approach. The role covers asset and liability onboarding, draw funding, remittance review and approval, and monthly portfolio analytics, as well as coordination with Servicers, Asset Managers, and financing counterparties.
Requirements
- Bachelor’s degree in Finance, Accounting, Real Estate, or a related discipline.
- 1–3 years of experience in loan servicing, banking, or commercial real estate.
- High standards and the ability to meet time-sensitive deadlines.
- A proactive, accountable approach and willingness to take ownership.
- Adaptability and decisiveness, with the ability to prioritize and respond to changing needs.
- Proficiency in Microsoft Excel.
Responsibilities
- Review asset collection information from Servicers for accuracy and alignment with system accruals; follow up on missing payments and assess accrual breaks.
- Compare repurchase obligation, asset-specific financing, and subscription lending invoices against the system of record, resolving accrual discrepancies before payment.
- Approve and book monthly and quarterly Servicer remittance information in the system.
- Obtain and review payoff information before repayments; ensure timely repayment to liability counterparties and receipt of net remittance, record final satisfaction activity, and accelerate fee activity.
- Obtain approvals and prepare wire memos for borrower draws, counterparty expenses, and intercompany fund movements.
- Reconcile daily cash activity with activity recorded in the system.
- Attend new-loan pre-close meetings, onboard new asset and liability positions in the system, and organize legal documentation.
- Review complex loan modification and maturity extension documentation, record revised terms in the system, and organize legal documentation.
- Review and record asset and liability fee activity in the fee calculator, determining appropriate accounting treatment at entry.
- Prepare and enter Level-Yield fee recuts in the system.
- Interact directly with Servicers, Asset Managers, and Back Leverage Counterparties.
- Submit entity onboarding requests to establish counterparty wiring instructions.
- Support KYC requests from Servicers and Back Leverage Counterparties.
- Review asset and liability performance analytics month over month and quarter over quarter, and prepare commentary.
- Assist with quarterly-end confirmation by verifying loan balances and accruals with Servicers and Back Leverage Counterparties.
- Participate in bi-weekly team calls and weekly investment vehicle meetings.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
