Analyst - REO

Rialto Capital • Miami, FL

1d • Onsite

About The Position

This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties. Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information (including family medical history), or any other legally protected status. Our company uses E-Verify to confirm the employment eligibility of all newly hired employees.

Requirements

• Bachelor's degree required, preferably with a business and/or real estate major
• 0-3 years of industry work experience
• Strong work ethic and organizational skills
• Proficiency in Excel; experience with Argus and or Val is preferred
• Excellent oral and written communication skills
• Ability to work effectively in a fast-paced team environment
• Comfortable reading and understanding legal documents including Loan Agreements, Title Reports, and commercial real estate leases.

Nice To Haves

• experience with Argus and or Val is preferred

Responsibilities

• Work with Asset Managers to prepare cash flow models, valuation analysis, property proformas, as well as the preparation of Business Plans and/or Hold vs. Sell Analyses.
• Assist CMBS Surveillance team with re-underwriting loans that Rialto special services.
• Perform analysis of property operations including review of budgets, operating statements, rent rolls, traffic reports, bank statements, capital improvements, Phase 1 reports and property condition assessments
• Coordinate, monitor, and execute production of reports used in evaluating REO properties.
• Coordinate and research market comparables, sales, leasing transactions, and activity affecting local real estate markets utilizing internal and external resources including outside counsel, real estate brokers and vendors, including coordinating obtaining appraisals and broker opinions of values
• Assist on foreclosure activities in terms of negotiation, coordinating third party reports, cash flow management and closing of transactions.
• Perform site inspections which will require some travel.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level