Associate, Securitization

SitusAMC•New York, NY

7d•$100,000 - $120,000

About The Position

This role will provide support in the delivery of due diligence and real estate analysis for CMBS securitization transaction types, such as Conduit deals, Single Asset Single Borrower deals, and CRE CLO deals. This role could involve managing multiple transactions with multiple clients under tight timelines.

Requirements

Bachelor’s degree in accounting, Finance, Real Estate, or Business/or the equivalent combination of education and experience
Experienced professional with 5+ years of industry and/or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent.
1-3 years’ experience in CMBS Securitization in industry sectors, such as banking, rating agencies or accounting preferred
Familiarity with commercial real estate, due diligence process, commercial lending policies, securitization and credit and risk management policies
Full understanding of property sectors (office, retail, industrial, hotel, multifamily) and their different investment characteristics and an ability to see the "big picture" in commercial real estate and capital markets finance transactions
Excellent Excel and cash flow modeling skills
Strong business writing skills
Strong communication skills

Responsibilities

Provide analytical support in the underwriting and closing of commercial real estate loans or securitizations on behalf of our clients
Review, analyze and/or interpret financial operating statements, rent rolls, third party reports, tenant lease agreements, surveys, title reports, zoning reports, property insurance policies, credit reports, and other due diligence requirements
Compiles excel data tapes by populating required fields, which will include (but are not limited to): loan terms, property data, third-party data, tenant information, and cash flows
Clear exception reports and update data tapes based on exception listings sent by clients and/or accounting firms
Research, analyze and summarize tenant level information including financial trends and credit ratings or stock market capitalization
Prepare market and property summary information using third party document reports, including Appraisals and CoStar reports.
Populate Offering Document pool information for CMBS securitization deals
Work with accountants in clearing exceptions in the excel accounting tape, Term Sheets, Offering Documents and Annex Footnotes
Write property, market, borrower/sponsor descriptions, and third-party report summaries that will be included in credit memos and asset summary reports
Prepare and tie out short-form Asset Summary Reports and final post-closing Asset Summary Reports and Underwriting Files
Manage interactions and securitizations directly with clients
Such other activities as may be assigned by your manager