The Structured Credit Associate will work closely with Vice President, company leadership and professional service firms in the day-to-day management and advancement of Floating Rating and Mezzanine loans in Rialto’s portfolio. This individual will have a blend of commercial asset valuation and legal contract experience and provide exceptional due diligence capabilities for new portfolio acquisitions. Strong analytic capabilities and leadership skills are key desired attributes.
KEY RESPONSIBILITIES:
Analyze property operating performance through review of operating statements, rent rolls and leases
Evaluate and abstract loan documents
Communicate effectively with internal and external parties including borrowers, legal counsel, property managers, other lenders, servicers, and other Rialto departments
Negotiate complex transactions
Perform research on various real estate markets throughout the U.S. and communicate with brokers in these markets
Comprehensive analysis and understanding of loan collateral dynamics, value determination, and resolution alternatives
Strong organizational skills with the ability to manage multiple priorities
Prepare valuation and cash flow analysis on projected loan resolutions based on Borrower proposals including DCF / IRR / NPV scenarios for various strategies
Underwrite potential new investment opportunities in CMBS, equity recapitalizations, asset/portfolio acquisitions, and mezzanine/preferred equity
Prepare weekly, monthly, and quarterly reports for the executive team and outside parties.
Underwrite performing loan requests for reserve disbursements, lease approvals, loan extensions and other requests as needed and ensure all requests are handled in compliance with the terms of the related Loan Documents
SPECIFICATIONS:
Bachelor’s Degree required in Accounting, Finance, Business or Related Field preferred
3-5 years of prior Real Estate experience, including underwriting and due diligence
Proficiency with Microsoft Office
Strong work ethic and attention to detail
Ability to manage time effectively while handling a variety of projects
Prior credit/real estate underwriting experience
Broad commercial real estate experience in multiple property types is a plus
The ideal candidate would have a strong understanding of loan documents or demonstrate the aptitude to quickly become familiar with loan documents
Strong written and verbal communication skills
WORKING CONDITIONS: While performing the duties of this job, the Associate is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop. The Associate must occasionally lift and/or move up to 25 pounds. Evening and/or weekend work may be necessary to meet deadlines. This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties.
Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information (including family medical history), or any other legally protected status.
Our company uses E-Verify to confirm the employment eligibility of all newly hired employees.
If you think you have what it takes to be a part of a fast-paced, high-performance team of entrepreneurs, and talented real estate investment and asset management experts, we want to hear from you.
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KEY RESPONSIBILITIES:
Analyze property operating performance through review of operating statements, rent rolls and leases
Evaluate and abstract loan documents
Communicate effectively with internal and external parties including borrowers, legal counsel, property managers, other lenders, servicers, and other Rialto departments
Negotiate complex transactions
Perform research on various real estate markets throughout the U.S. and communicate with brokers in these markets
Comprehensive analysis and understanding of loan collateral dynamics, value determination, and resolution alternatives
Strong organizational skills with the ability to manage multiple priorities
Prepare valuation and cash flow analysis on projected loan resolutions based on Borrower proposals including DCF / IRR / NPV scenarios for various strategies
Underwrite potential new investment opportunities in CMBS, equity recapitalizations, asset/portfolio acquisitions, and mezzanine/preferred equity
Prepare weekly, monthly, and quarterly reports for the executive team and outside parties.
Underwrite performing loan requests for reserve disbursements, lease approvals, loan extensions and other requests as needed and ensure all requests are handled in compliance with the terms of the related Loan Documents
SPECIFICATIONS:
Bachelor’s Degree required in Accounting, Finance, Business or Related Field preferred
3-5 years of prior Real Estate experience, including underwriting and due diligence
Proficiency with Microsoft Office
Strong work ethic and attention to detail
Ability to manage time effectively while handling a variety of projects
Prior credit/real estate underwriting experience
Broad commercial real estate experience in multiple property types is a plus
The ideal candidate would have a strong understanding of loan documents or demonstrate the aptitude to quickly become familiar with loan documents
Strong written and verbal communication skills
WORKING CONDITIONS: While performing the duties of this job, the Associate is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop. The Associate must occasionally lift and/or move up to 25 pounds. Evening and/or weekend work may be necessary to meet deadlines. This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties.
Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information (including family medical history), or any other legally protected status.
Our company uses E-Verify to confirm the employment eligibility of all newly hired employees.
If you think you have what it takes to be a part of a fast-paced, high-performance team of entrepreneurs, and talented real estate investment and asset management experts, we want to hear from you.
#J-18808-Ljbffr