Analyst - Surveillance

Rialto Associate Services, LLC; Miami (FL); On-site; USD 60,000 - 90,000; Full time

Job summary

Rialto Capital is seeking an Analyst to support underwriting and credit monitoring across original B-Piece acquisitions and the CMBS portfolio. You will analyze cash flows, monitor metrics, and prepare portfolio reviews for senior management.

Ideal candidates have 1-2 years in CRE/CMBS, strong Excel/PowerPoint skills, and the ability to communicate clearly. This role involves data-driven reporting and collaboration with Master Servicers; E-Verify may be used.

Qualifications

• Bachelor's degree required; master's preferred.
• 1-2 years of experience, preferably in commercial real estate, CMBS or structured finance.
• Strong work ethic; ability to excel in a fast-paced and deadline-driven environment.
• Effective written & verbal communication; ability to present ideas clearly.
• Strong analytical, research and reporting skills.
• Well-organized with extremely high attention to detail.
• Comfortable reading and interpreting legal documents including loan agreements.
• Exposure to Trepp, Power BI, Real Capital Analytics, Co-Star and Bloomberg Terminal is a plus.

Responsibilities

• Underwrite loans and monitor cash flow at loan and property level for acquisitions and CMBS portfolio.
• Monitor credit metrics, loan and property performance, maturities and dispositions; track changes in performance and risk.
• Prepare and present Portfolio Reviews to senior management.
• Coordinate with Master Servicers to ensure adherence with loan documents including covenants and cash management triggers.
• Prepare monthly and quarterly reports; assist in automating standardized reports and improving department processes.

Skills

Analytical

Research

Reporting

Written and verbal communication

Attention to detail

Legal document interpretation

Education

Bachelor's degree in Business Administration/Finance/Real Estate or related field

Master's degree preferred

Tools

Excel

PowerPoint

Trepp

Power BI

Real Capital Analytics

Co-Star

Bloomberg Terminal

Job description

KEY RESPONSIBILITIES

Underwriting & Credit Monitoring: Thorough underwriting and cash flow analysis at the loan and property level on original B-Piece acquisitions and performing loans in the CMBS portfolio. Analysts will have the opportunity to underwrite loans secured by all property types in all 50 states across the U.S. Monitor and evaluate credit metrics, loan and property performance, maturities and dispositions; tracking changes in performance and analyzing risk in assigned portfolio. Coordinate with Master Servicers to assure adherence with loan documents including loan covenants and cash management triggers. Prepare and present Portfolio Reviews to senior management.

Market Conditions & Exposure Events: Monitor news sources to create exposure reports using data analytics to summarize risk to portfolio. Conduct research on market and economic trends, interpreting market conditions and assessing impact to collateral. Coordinate with the Master Servicers and REO team on major disaster events and site visits.

Reporting: Preparation of monthly and quarterly reports for multiple departments including the executive team. Assist in automating standardized reports and improving department processes. Ad hoc reporting projects for senior management including portfolio statistics and market studies.

SPECIFICATIONS

Bachelor’s Degree required; master's preferred. Business Administration, Finance, Real Estate, or related field preferred. 1-2 years of experience, preferably in commercial real estate, CMBS or structured finance. Strong work ethic; ability to excel in a fast-paced and deadline-driven environment. Effective written & verbal communication; ability to present ideas in a clear and concise manner. Strong analytical, research and reporting skills. Well-organized with extremely high attention to detail. Advanced proficiency with Microsoft Office applications, specifically Excel and PowerPoint. Comfortable reading and interpreting legal documents including loan agreements. Exposure to Trepp, Power BI, Real Capital Analytics, Co-Star and Bloomberg Terminal will be an advantage. Interest in big data, business intelligence, and integrating new technology platforms is a plus.

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 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. To learn more about E-Verify, including your rights and responsibilities please visit: e-verify.gov.

Rialto Capital is an integrated investment management and asset management platform, with a dedicated special servicer. Our mission is to be a world-class, industry leading organization that creates long term value for our investors and sustains results across market cycles. Our team of over 260 associates throughout the United States and Europe is guided by a commitment to a culture of social responsibility, inclusion & diversity, and responsible investing. Rialto Capital has made a commitment to create a high-performance culture driven by an entrepreneurial spirit and an absolute commitment to integrity, respect, inclusion and giving back to the communities in which we work and live. We have focused our vision on becoming a real estate investment, asset management, servicing and finance company most admired for its people, capabilities and performance. We are always looking for Talent within our Investment Management team.