Jr. CRE Originator

EverBank • New York, NY

1d

About The Position

The CRE Jr. Originator ("JO") will be responsible for assessing the financial viability of proposed investment opportunities and developing customized financing solutions to meet our clients' diverse needs. This role requires a fundamental understanding of the underpinnings of CRE credit in the framework of a CRE debt investment strategy. The JO will use their credit understanding to partner with the credit team to analyze potential risks associated with each transaction, ensuring compliance with regulatory requirements and company policies. The CRE JO will be instrumental in driving business growth in the sourcing and underwriting of new deals and contributing to the overall expansion of our CRE portfolio. Growth in this position may lead to greater responsibilities for building and maintaining strong relationships with borrower-sponsors, brokers, advisors and real estate professionals and leveraging these relationships to help source new opportunities that match up with the strategic goals and objectives of the organization.

Requirements

• Strong analytical skills with the ability to evaluate and translate complex financial and market data findings into actionable recommendations.
• Experience utilizing Microsoft Excel and Argus Enterprise to perform financial modeling, cash flow analysis, valuation support, sensitivity analysis, data management, and reporting.
• Proficiency in Microsoft PowerPoint, with the ability to develop clear and impactful presentations for internal and external stakeholders.
• Experience preparing investment memoranda, underwriting analyses, credit approval packages, and committee presentation materials in support of commercial real estate lending and investment transactions.
• Ability and willingness to travel up to 30% of the time

Nice To Haves

• 5+ Years Preferred

Responsibilities

• Performs preliminary credit review, assembles and submits information required for loan evaluation, approval, and processing. Recommends transactions to Credit Department for approval.
• Prepares and presents proposals and pricing, negotiates final terms directly with company officials based upon credit and real estate factors and ensures the transactions meet CREF’s investment parameters.
• Manages existing relationships as a means to further expand EverBank penetration into the market and to grow pipeline opportunities.
• Supports the active bidding and negotiation with counterparties for the most attractive loan opportunities based upon initial credit assessment and risk/return objectives. Supports and directly participates in the drafting, negotiating and execution of proposals/term sheets associated with new loans.
• Develops and utilizes expertise in all CRE asset classes and functional knowledge of property markets in the US.
• Develops understanding of complex business plans and risk mitigation approaches associated with this investment profile. Grows understanding how to mitigate credit risk through loan structure and credit enhancement strategies.
• Supports the development and management of the CRE loan origination pipeline. Allocates time to directly market EverBank lending products to new, high potential relationships to include brokers, advisors and direct borrower-sponsors.
• Supports team initiatives to strategically market EverBank through conference attendance, CRE events and networking.
• Manages risk to meet EverBank credit policies and risk tolerance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree