VP, Portfolio Manager (Real Estate Debt)

Shine Associates, LLC•San Francisco, CA

4d•$175,000 - $225,000•Onsite

About The Position

The VP, Portfolio Manager, Real Estate Debt will play a critical role in assisting the Senior Portfolio Manager (“SPM”) in management of all aspects of the principal debt funds. This includes working with the SPM to analyze prospective new loans, products, and markets as well as plan for strategic positioning of the portfolio. This senior position will collaborate with the other members of the real estate debt team, including production, accounting and transactions, to ensure the SPM’s portfolio and investment objectives are achieved.

Requirements

Bachelor’s degree in Finance, Economics, Accounting, or related field.
10+ years of experience in commercial real estate, investment banking, private equity, or asset management.
Expertise in loan workouts and debt restructuring.
Strong proficiency in financial modeling, valuation techniques, loan sizing, and Excel.
Experience with all major property types and markets.
Excellent analytical, problem-solving, and quantitative skills.
Strong written and verbal communication skills.
Ability to present complex information clearly.
Detail-oriented, organized, and able to manage multiple projects under tight deadlines.

Nice To Haves

MBA preferred.

Responsibilities

Identify and review impaired loans and lead in the negotiations for necessary restructuring with the approval and oversight of the SPM.
Coordinate the foreclosure and deed in lieu process with the Borrower, legal counsel and internal departments.
Manage the internal approval and documentation process for any debt restructurings
Supervise servicing of all loans in the two principal funds, and any debt separate accounts.
Administer all construction and land loans by approving draws, change orders, CC&Rs, easements, and partial release requests.
With the SPM, assist accounting and compliance to resolve all audit requests and action items.
Join Client Services and SPM in client & consultant calls.
Assist SPM in maintaining the 12-month cash flow projections to track cash available for new investments.
Assist with training and supervision of analysts and loan production staff.
Provide input to the SPM on new potential loan transactions related to underwriting, structure and pricing.
Assist the SPM in managing the underwriting and credit memo process for recommending new lending proposals to credit committee.
Assist the SPM in managing the legal aspects of a loan closing by negotiating the loan documents, signing documents for the funds, and determining needed post-close conditions. Work closely with the transactions team and accounting.