VP MMCRE

Bank OZK•Raleigh, NC

About The Position

Responsible for originating and structuring commercial real estate loans across a broad range of property types and markets, including multifamily, office, retail, industrial, hospitality, mixed-use, special use, land development, and single-family lot development. The role involves sophisticated sponsorship and deal structures, coordinating with leadership to assess and structure opportunities, and working closely with the MMCRE Loan Closing and Asset Management Departments to close credit facilities. The position also drives business development, evaluates lending opportunities, analyzes properties and sponsors, negotiates and prepares term sheets, performs due diligence, reviews market analyses and appraisals, and supports accurate and timely loan closing, booking, and transition to servicing. The role requires effective communication and collaboration with clients, borrowers, guarantors, third parties, and internal teams.

Requirements

Bachelor’s degree in finance, accounting, economics, business, or a related field, or commensurate work experience.
At least three years of work experience in commercial real estate underwriting or asset management.
Comprehensive knowledge of the full-cycle loan process and regulatory environment for various types of real estate.
Comprehensive industry knowledge, including existing and trending economic conditions.
Ability to analyze complex financial data, interpret results, and present findings.
Problem-solving skills using analytical, logistical, and verbal and written communication skills.
Ability to communicate effectively verbally and in writing.
Ability to use discretion and sound judgment and maintain confidentiality.
Professional maturity to discuss complicated issues and opportunities with substantial real estate owners and developers.
Ability to articulate transaction strengths, weaknesses, and issues in written and oral presentations.
Initiative to accomplish work objectives.
Ability to manage multiple priorities, adapt to a changing environment, and meet deadlines.
Ability to work under minimal supervision.
Skill in using a computer, including Microsoft Word, Excel, and ARGUS.
Ability to operate customary equipment and technology used in a business environment, with or without accommodation.

Nice To Haves

Experience in a commercial real estate institution or firm.
Prior work experience presenting real estate investment and/or lending opportunities to an investment board or committee.

Responsibilities

Drive business development efforts and cultivate leads to originate loans, grow deposits, and sell other Bank products as necessary.
Review proposed lending opportunities with potential Bank customers and recommend opportunities that fit the Bank’s lending criteria.
Analyze property operations, including historical and projected performance, and assess proposed budgets and contractor strength when applicable.
Analyze the creditworthiness and management capabilities of sponsors and guarantors.
Negotiate and prepare term sheets that accurately communicate the terms under which the Bank would close a lending facility.
Perform due diligence, including site visits and reviews of leases, customer documentation, and credit documentation.
Review market analyses and appraisals to determine whether they accurately reflect the property’s operations and market position.
Coordinate with Loan Closing and Asset Management to support proper loan closing and booking and transition to servicing, including communication with third parties, borrowers, and guarantors.
Communicate professionally and in a timely, consistent manner with clients and internal and external parties to manage expectations, gather underwriting information, and address issues during underwriting and closing.
Collaborate with the Closing and Asset Management Departments to provide superior customer service and protect the Bank’s interests.
Perform other duties as assigned.