Real Estate Debt Underwriter, Senior Associate

Barings • Los Angeles, CA

2d • $115,000 - $140,000

About The Position

At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients. We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities. Job Title: Senior Associate, Underwriter Corporate Title: Senior Associate Department: Real Estate Debt Location: Los Angeles, CA Responsibilities Prepare financial models in Excel and ARGUS to analyze real estate financing opportunities. Gather and analyze market information including sales and rent comparables, supply/demand fundamentals, capitalization rates, and other factors influencing underwriting assumptions. Assist with the preparation and presentation of loan investment summaries/briefs to internal investment committees. Coordinate with Origination and Underwriting teams through the due diligence and closing process. Review legal documents and other materials as part of the due diligence process; abstract key documents; assist in closing process. Provide assistance to asset management and capital markets teams on closed loans as needed. Qualifications 2-5 years of commercial real estate investment analysis experience. Bachelor’s degree in Business Administration with a finance or real estate emphasis or related field is preferred. Ability to develop complex financial models in Excel and ARGUS. Strong quantitative and analytical skills and the ability to convey findings clearly with effective writing. Experience with mezzanine debt and preferred equity structures preferred. Competencies Ability to break down complex issues into component parts and pursue resolution Understands business issues and processes; effectively translates initiatives into action plans Makes and defends key recommendations and decisions Strong analytical skills Advanced Excel skills Develops strong and effective relationships with all areas across the organization Highly developed written and verbal communication skills Works independently and as part of a team Attention to detail and the ability to prioritize and work on multiple projects Strong time management, organizational, facilitation and collaboration skills #LI-CM2 Base Salary Range: $115,000-140,000 and additional incentive compensation. Requisite Skills Commercial Real Estate, Commercial Real Estate Investment, Due Diligence, Microsoft Excel, Real Estate Financing, Real Estate Investments, Underwriting Additional Skills Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Barings offers a comprehensive benefits package including: CORE BENEFITS & WELLNESS Medical (including Virtual Care), Prescription, Dental, and Vision Coverage Fitness Center Reimbursement Program (Including Online Memberships) Employee Assistance Program (EAP) Fertility Benefits FINANCIAL WELL-BEING Highly competitive 401(k) Plan with Company Match Health Savings Account (HSA) with Company Contributions Flexible Spending Accounts (FSA) - Health Care & Dependent Care Retirement Health Reimbursement Account LIFE INSURANCE Basic and Supplemental Life Insurance Spouse and Child Life Insurance TIME OFF, DISABILITY AND LEAVE OF ABSENCE Paid Vacation, Sick Days and Annual Holidays Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time) Short and Long Term Disability Plans Paid Volunteer Time OTHER BENEFITS Education Assistance Program Charitable Matching Gifts Program Commuter Reimbursement Program Adoption and Surrogacy Reimbursement Program Barings is a leading global asset management firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative, institutional-quality solutions and service. Our team-driven culture is based on transparency, responsibility and putting our clients’ interests first. We listen to our clients to understand their needs, so that we can be a strategic advisor and long-term partner in meeting their unique investment goals. Risk management and protecting our investors’ capital over the long term is an essential component of our lasting partnerships. Barings is also committed to building long-term relationships with our associates and providing opportunities and support to help them succeed. With our expanding business and global footprint, Barings offers a wealth of opportunities for associates who share our culture, values and commitment to excellence in client service. As an organization, we believe that a diversity of perspectives and strengths is essential to meeting the evolving needs of our clients, and we are committed to attracting and retaining a talented workforce as diverse as the clients and communities that contribute to our success.

Requirements

• 2-5 years of commercial real estate investment analysis experience.
• Bachelor’s degree in Business Administration with a finance or real estate emphasis or related field is preferred.
• Ability to develop complex financial models in Excel and ARGUS.
• Strong quantitative and analytical skills and the ability to convey findings clearly with effective writing.
• Attention to detail and the ability to prioritize and work on multiple projects
• Strong time management, organizational, facilitation and collaboration skills
• Commercial Real Estate
• Commercial Real Estate Investment
• Due Diligence
• Microsoft Excel
• Real Estate Financing
• Real Estate Investments
• Underwriting

Nice To Haves

• Experience with mezzanine debt and preferred equity structures preferred.

Responsibilities

• Prepare financial models in Excel and ARGUS to analyze real estate financing opportunities.
• Gather and analyze market information including sales and rent comparables, supply/demand fundamentals, capitalization rates, and other factors influencing underwriting assumptions.
• Assist with the preparation and presentation of loan investment summaries/briefs to internal investment committees.
• Coordinate with Origination and Underwriting teams through the due diligence and closing process.
• Review legal documents and other materials as part of the due diligence process; abstract key documents; assist in closing process.
• Provide assistance to asset management and capital markets teams on closed loans as needed.

Benefits

• Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
• Fitness Center Reimbursement Program (Including Online Memberships)
• Employee Assistance Program (EAP)
• Fertility Benefits
• Highly competitive 401(k) Plan with Company Match
• Health Savings Account (HSA) with Company Contributions
• Flexible Spending Accounts (FSA) - Health Care & Dependent Care
• Retirement Health Reimbursement Account
• Basic and Supplemental Life Insurance
• Spouse and Child Life Insurance
• Paid Vacation, Sick Days and Annual Holidays
• Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
• Short and Long Term Disability Plans
• Paid Volunteer Time
• Education Assistance Program
• Charitable Matching Gifts Program
• Commuter Reimbursement Program
• Adoption and Surrogacy Reimbursement Program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level