Grandbridge Real Estate Analyst

Truist•Atlanta, GA

8d•$70,000 - $80,000•Onsite

About The Position

The position involves performing several functions within a loan production office, including managing real estate analyst functions, conducting high-level commercial real estate mortgage loan analysis, and providing analytical consultative support to loan production staff and customers. The role requires managing the commercial real estate analysis function, preparing mortgage loan applications and submissions, assisting in underwriting, approval, and closing of mortgage loan transactions, and training loan production analysts. The analyst will also assist corporate staff, manage the workload and quality of work of mortgage loan analysts, attend industry trade functions, and stay informed about commercial real estate trends. Key responsibilities include creating and maintaining real estate data files, attending borrower and lender meetings, analyzing complex real estate property and financial situations, and gathering and analyzing data from various sources such as leases, financial statements, appraisals, and market surveys. The role also involves inspecting properties, interviewing stakeholders, analyzing leases and income statements to estimate Net Operating Income, evaluating borrower financial statements and legal structures, and preparing loan submissions using Microsoft Word and Excel. The analyst must understand lender requirements, order and analyze third-party reports, review appraisals, track transactions through closing, and interface with borrowers and lenders to negotiate applications and commitments.

Requirements

Bachelor’s degree in Business or related field, or equivalent education and related training
Three years as a commercial real estate analyst, broker, leasing agent or property manager or equivalent
Completion of the Mortgage Bankers Association’s Commercial Real Estate Finance Underwriting Seminar and Courses 110, 120, and 310 of the Appraisal Institute
Must have earned the CCIM designation awarded by the CCIM Institute, an affiliate of the National Association of Realtors
Proficient with contact databases, Lotus Notes, geographical mapping programs, digital imaging, the Internet, digital and film cameras and report binding machine
Proficient with industry standard commercial real estate analysis programs, such as Argus
Highly organized
Ability to organize, direct and supervise others
High attention to detail
Ability to meet deadlines
Maturity and self-confidence to simultaneously handle a variety of assignments
Ability to work harmoniously with internal/external workers/customers
Ability to take initiative with nominal direction
Excellent written and verbal communication skills
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Ability to travel, occasionally overnight

Nice To Haves

Master’s in Business Administration or Master’s degree in Finance or Real Estate

Responsibilities

Manage the commercial real estate analysis function in loan production office(s).
Provide high level analytical support for a loan production office including the preparation of preliminary and final mortgage loan applications, submissions and documents.
Assist in the underwriting, approval and closing of mortgage loan transactions.
Responsible for training of loan production analysts.
Assist corporate staff in managing the analyst functions in loan production office(s).
Manage the workload and quality of work of mortgage loan analysts.
Attend real estate industry trade functions, representing Grandbridge Real Estate Capital.
Read periodicals and market surveys, advising corporate and loan production staff as to current trends in commercial real estate.
Create and maintain real estate data files.
Attend meetings with borrowers and lenders to develop relationships.
Analyze complex real estate property and financial situations for producers, providing well-founded advice as to alternate courses of action.
Ability to obtain, understand and analyze data needed to prepare mortgage loan submissions from property owners, borrowers, lenders and third-party sources.
Ability to inspect properties, take digital and film photographs, make notes and maps as to the physical and economic conditions of the property, its immediate area, its neighborhood and its city.
Ability to interview owners, tenants, third-party report providers, requesting and obtaining information from them as needed.
Ability to analyze leases, historical income and expense characteristics to derive an estimate of Net Operating Income for a commercial real estate property.
Ability to analyze the borrower’s legal structure and financial statements with regard to normal market parameters and the lender’s requirements.
Ability to analyze the characteristics of the real estate with respect to industry norms and specific lender requirements.
Ability to prepare preliminary and final mortgage loan submissions in concert with the originating producer using Microsoft Word and Excel.
Understand specific lender requirements for submissions of loan package.
Ability to order, track and analyze appraisals, environmental and engineering studies, credit reports, Dunn & Bradstreet reports, demographic reports and other third party reports needed for the mortgage loan submission and/or closing.
Ability to review third-party appraisals for compliance with lender requirements and discuss findings with lender representatives.
Ability to track the committed transaction through the closing process, obtaining additional information from the borrower as necessary for closing.
Ability to interface with both borrower and lender, calling lender to obtain loan quotes.
In concert with the producer, is able to take primary responsibility for the negotiation of applications, commitments and loan closing functions.
Understand the physical aspects of all commercial property types, typical real estate lending parameters, interest rate structures, tests of reasonableness.