Associate, Loan Originations

Faropoint • Hoboken, NJ

6d • $90,000 - $125,000 • Onsite

About The Position

Faropoint is hiring an Associate to support its originations team in sourcing, underwriting, structuring, and closing commercial loans, with an industrial real estate focus. The role is suited to someone with 2–5 years of experience in lending, credit, or real estate finance. The position is based at the company’s Hoboken, New Jersey headquarters and requires travel for property tours, borrower and broker meetings, and industry events. It reports to the Director of Originations.

The Associate will build relationships with industrial borrowers, brokers, and sponsors and originate deals with support from senior originators. The role also involves maintaining the deal pipeline in the CRM, analyzing financials and building loan models, preparing credit memos, helping establish loan terms and pricing, coordinating diligence and closing activities, ensuring compliance with underwriting, KYC/AML, and regulatory requirements, and handing completed loans off to servicing.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Real Estate, or a related field.
• 2–5 years of experience in commercial lending, credit analysis, investment banking, or real estate finance.
• Strong Excel financial modeling skills and working knowledge of credit metrics and loan structures.
• Ability to read financial statements, leases, and loan documents.
• Strong communication skills and client presence for daily interaction with borrowers, brokers, and sponsors.
• Ability to take initiative, own deals, and manage multiple deals to deadline.
• Understanding of real estate fundamentals, including valuation, leasing, market dynamics, and capital structure.

Nice To Haves

• Industrial commercial real estate lending experience.
• Experience with vibe-coding or working with LLMs.

Responsibilities

• Build a network of industrial borrowers, brokers, and sponsors and originate deals with support from senior originators.
• Maintain the deal pipeline in the CRM.
• Spread financial statements, build models using DSCR, LTV/LTC, and debt yield, and draft credit memos.
• Help set loan terms, covenants, reserves, and pricing within credit policy.
• Coordinate diligence, counsel, title, and closing deliverables.
• Follow underwriting, KYC/AML, and regulatory requirements.
• Hand off loans to servicing.
• Communicate with borrowers, brokers, and sponsors and represent the firm on calls, property tours, and meetings.
• Manage multiple deals and take initiative to move them to deadline.

Benefits

• Competitive base salary of $90,000–$125,000, commensurate with experience, plus discretionary bonus.
• Comprehensive benefits package including health, dental, and vision insurance.
• Unlimited PTO.
• 401(k) plan with company matching.
• Collaborative work environment at the Hoboken, New Jersey headquarters.
• Direct mentorship from senior asset management leadership.
• Exposure to institutional real estate asset management operations.

What This Job Offers

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