Investment Professional- Mezz/Equity Asset Management (

Nationwide•Columbus, OH

11d•$112,000 - $186,000•Hybrid

About The Position

Nationwide’s vision is to be the most trusted, most caring and most customer-focused protection company. We exist to protect people, businesses and futures with extraordinary care. The Nationwide Investments team manages approximately $130 billion and strives to combine client focus, investment discipline and teamwork to deliver superior results. The Investment Professional role is a key member of the asset management team responsible for managing and monitoring a multi-billion-dollar loan portfolio secured by real estate properties located across the United States. Having a commercial real estate background, the role will interpret loan documents, analyze operating statements, and prioritize assignments to support both internal and external stakeholders/customers.

Requirements

Bachelor’s degree in real estate, finance, business, or related field
5 to 8 years of related experience.
Excellent analytical and problem-solving skills
Effective communication, collaboration, and negotiation skills
Commercial real estate background with an emphasis in the interpretation of loan documents, analysis of operating statements
Ability to prioritize assignments in an effective manner
Working knowledge of real estate fundamentals and the legal interpretation of loan documents preferred
Proficiency in Microsoft Office (Excel, PowerPoint, Word) is desired.
Must reside within 35 miles of Columbus, OH (One Nationwide Plaza, Columbus OH, 43215)
Credit check and/or background check will be required.

Nice To Haves

Working knowledge of real estate fundamentals and the legal interpretation of loan documents

Responsibilities

Has an advanced understanding of asset class, may be assigned to small-mid, less complex accounts. Working independently, may require guidance on more complex judgements. Role will have a mix of individual and tactically focused responsibilities.
Perform analysis, evaluation and recommends actions to be taken in response to requests for consent/approval or loan modifications from borrowers in connection with commercial mortgage loans held in the Nationwide general account or managed on behalf of third-party participants.
Review and interpretation of loan terms and ancillary provisions set forth in loan agreements for such commercial mortgage loans.
Financial statement analysis for borrower entities and collateral property that secure the commercial mortgage loans, as well as, review of annual property inspections.
Develop, foster and maintain positive relationships with loan correspondents and other external customers. Communicate pertinent information regarding the status of borrower requests, expected completion timelines, and required approvals (process and procedure transparency).
Collaborate and partner with the Real Estate Portfolio Managers and Legal teams on related functions for the commercial mortgage loan portfolio with focus on maturing loans, rate resets, risk mitigation, default resolution, and other transactional business such as loan assumptions, modifications, or other requests.
Collaborate and partner with the CML Due Diligence, Closing and Legal teams to draft post-closing checklists and language for asset management responsibilities, including gaining working knowledge of negotiated changes to standard loan agreement provisions.
Responsible for inputs (data integrity) of loan information into Nationwide’s loan management system (LMS) and other downstream database or website-related systems.

Benefits

medical/dental/vision
life insurance
short and long term disability coverage
18 days paid time off each full calendar year pro-rated quarterly based on hire date
nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
company-paid pension plan
business casual attire