Analyst - Surveillance

Rialto Capital; Miami (FL); Hybrid; USD 70,000 - 110,000; Full time

Job summary

Rialto Capital is seeking an Associate underwriter to perform thorough underwriting and cash flow analysis at both loan and property levels, including CMBS portfolios. The role covers loans across major property types nationwide and requires collaboration with Master Servicers to ensure covenant compliance.

You will prepare recurring portfolio reviews and leverage AI tools to enhance research and workflow efficiency.

Qualifications

• Bachelor’s degree in Finance, Real Estate, Economics or related field.
• 1+ years of commercial real estate underwriting or loan servicing experience.
• Proficiency in Excel and PowerPoint for financial modeling and presentations.
• AI-enabled tools to support research and workflow improvement with sound judgment.

Responsibilities

• Underwrite loans at both loan and property levels, including origination and CMBS portfolios.
• Underwrite across major property types nationwide and across all states.
• Monitor credit metrics, loan performance, and dispositions; analyze portfolio risk.
• Prepare portfolio reviews and risk assessments for senior management.
• Coordinate with Master Servicers to ensure covenant and cash management compliance.
• Leverage AI tools to support research, analyze data, and streamline workflows; validate outputs.

Skills

Underwriting

Cash flow analysis

Credit monitoring

Excel

PowerPoint

Education

Bachelor's degree in Finance/Real Estate

Tools

MS Office

Job description

KEY RESPONSIBILITIES

Underwriting & Credit Monitoring

Perform thorough underwriting and cash flow analysis at both the loan and property level, covering original B-Piece acquisitions and performing loans within the CMBS portfolio.

Underwrite loans across all major property types nationwide, spanning all 50 U.S. states.

Monitor and evaluate credit metrics, loan performance, property operations, maturities, and dispositions, while analyzing portfolio risk and performance trends.

Coordinate with Master Servicers to ensure compliance with loan documentation, including adherence to covenants and cash management triggers.

Prepare and present detailed portfolio reviews and risk assessments to senior management.

Market Conditions & Exposure Events

Track and synthesize news sources to prepare exposure reports, leveraging data analytics to assess potential portfolio risk.

Conduct research on economic and market trends, evaluating their impact on loan collateral and portfolio performance.

Collaborate with Master Servicers and the REO team in response to significant events, including natural disasters, and participate in related site inspections.

Reporting

Prepare recurring monthly and quarterly reports for multiple internal stakeholders, including executive leadership.

Support process improvement initiatives by assisting in the automation of standardized reporting tools.

Execute ad hoc reporting assignments for senior management, including portfolio analyses, exposure assessments, and market studies.

Effectively uses AI to support research, synthesize information, analyze data, develop insights, and streamline workflows.

Applies critical judgment to validate AI-generated outputs for accuracy, relevance, and completeness to finalize deliverables.

Uses AI responsibly in accordance with company policies, confidentiality requirements, information-security standards, and applicable governance practices.

Maintains awareness of evolving AI capabilities and identifies opportunities to appropriately integrate new tools into day‑day work.

SPECIFICATIONS

Bachelor's Degree from an accredited university is required preferably specializing in Real Estate, Finance, Accounting, Economics, or related business field.

1+ years of relevant experience in commercial real estate, underwriting, loan servicing, or a related field; relevant internship experience will be considered.

Advanced proficiency in Microsoft Office Suite, particularly Excel, PowerPoint, and Word.

AI & Technology Fluency: Demonstrates proficiency in using AI-enabled and digital tools to enhance productivity, analysis, problem-solving, and work quality, applying critical judgment to validate and finalize outputs.

Excellent verbal, written, and interpersonal communication skills, with the ability to present information clearly and concisely to a variety of audiences.

Collaborative team player who works constructively with others to accomplish shared goals and identify solutions, while also able to work independently with minimal supervision.

Highly organized and detail-oriented, with a strong commitment to accuracy, completeness, and accountability in all work product.

Reliable and dependable, with the ability to manage multiple priorities simultaneously and consistently meet deadlines.

Results-driven, with strong analytical and problem-solving skills and a focus on delivering high‑quality outcomes in a timely manner.

Flexibility to work outside of standard business hours as needed.

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 our 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.