Commercial Real Estate Associate Originator - Capital Markets

Max Benjamin Partners Inc•New York, NY

28d•Hybrid

About The Position

Max Benjamin Partners (“MBP”) is seeking a talented and highly motivated individual who has experience originating debt and equity for commercial real estate assets or is interested in breaking into Commercial Real Estate Finance. The Associate position originates and executes CRE Loans and equity placement as part of the MBP Capital Markets team, helping manage the firm's extensive pipeline. The candidate selected for this position would work a hybrid remote and in-person, operating out of our office in New York City. The right candidate iscapable of managing the financing process from start to finish. Responsibilities for any transaction include outreach, origination, underwriting, application processing, and closing. The individual selected for this position will be expected to work in a fast-paced environment under minimal supervision amongst a close-knit team of 20 loan originators that finance more than $800,000,000 of commercial mortgage loans each year. Experience working with title/escrow, real-estate law, and underwriting are all added benefits. The ideal candidate will be an effective problem-solver in addition to possessing analytical and interpersonal communications skills. Additionally, strong organizational skills are a must as you will likely be responsible for more than five transactions in a given month while also being expected to perform unforeseen duties and assignments as needed. Our growing sales-driven team is exposed to all aspects of the commercial real estate financing processes and develops fundamental CRE skills.

Requirements

A strong basis in Microsoft Suite and Microsoft Excel
2+ years in commercial real estate capital markets, banking, or other related functions with originations experience
Strong analytical and critical thinking skills, ability to synthesize large amounts of information, analyze risk, and identify mitigating factors
Ability to function as part of a flat organization, manage several projects at once, and work effectively as an individual and as part of multiple teams
Excellent oral and written communication skills with the ability to express ideas in a persuasive, organized, and articulate manner
Ability to follow up independently and play the role of project manager
Ability to manage several projects at once
Must have the ambition to learn, grow and succeed
Confident, self-assured and works well under pressure
Target-driven and focused on delivering results towards your long-term goals
Maintain a high level of confidentiality and exercise independent judgment and analysis.

Nice To Haves

Escrow or title experience is a plus

Responsibilities

Perform quick analyses and underwriting of commercial real estate transactions
Day-to-day communication with borrowers, lenders, attorneys, title and escrow officers,
and report writers on any closing items, changes, and due dates
Develop and maintain detailed checklists and timelines for each transaction file
Review loan applications
Coordinate loan requirements with third-party vendors, attorneys, and escrow companies
Obtain zoning letters and certificates of occupancy
Gather and submit lender closing items and documentation
Compile invoices and wiring instructions for payment by escrow
Coordination of loan documents and signing
Post-closing - gather loan documentation and submit closing files to servicing department
and the borrower
Maintain and update pipeline of loans in process in the company tracking system