Associate, CRE Asset Management

Bayview Fund Management, LLC; New York (NY); On-site; USD 100,000 - 140,000; Full time

Job summary

An established industry player is seeking a motivated Associate to oversee and optimize commercial mortgage portfolios. This role offers the chance to engage with various debt products and perform asset management tasks, including underwriting and due diligence. The ideal candidate will thrive in a fast-paced environment, possess strong analytical skills, and demonstrate a keen interest in commercial real estate and capital markets. Join a collaborative team dedicated to excellence and make a significant impact on investment strategies in the dynamic field of real estate finance.

Qualifications

• 4+ years of experience in commercial real estate asset management or underwriting.
• Demonstrated interest in real estate finance.

Responsibilities

• Monitor property and loan performance metrics and compliance.
• Prepare comprehensive reports for management and investors.
• Conduct market research and analyze debt financing opportunities.

Skills

Analytical Skills

Quantitative Skills

Commercial Real Estate Knowledge

Capital Markets Understanding

Communication Skills

Excel Proficiency

Education

Bachelor’s Degree in Business Administration

Bachelor’s Degree in Real Estate

Bachelor’s Degree in Economics

Bachelor’s Degree in Engineering

Bachelor’s Degree in Math

Tools

Excel

Job description

Overview

ABOUT US:

Founded in 1993, Bayview Asset Management is an investment management firm focused on investments in mortgage and consumer credit, including whole loans, asset-backed securities, mortgage servicing rights, and other credit-related assets.

POSITION SUMMARY:

The Associate will be responsible for the oversight and optimization of commercial mortgage portfolios and performing asset management including underwriting, due diligence and internal reporting for commercial real estate loans throughout the U.S. with a concentration in the Northeast.The Associate will have the opportunity to work with multiple debt products:bridge/transitional, CMBS, construction and mezzanine solutions for all commercial real estate classes, in addition to working on loan acquisition opportunities and other structured real estate financing transactions.

The ideal candidate is self-motivated, works effectively in teams, is detail oriented, and able to work on multiple transactions at once in a fast-paced environment.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Monitor property performance including occupancy, lease expirations, revenues, and operating expenses.
• Monitor loan performance including covenant compliance, loan underwriting metrics, and sponsor financial reporting.
• Prepare and present comprehensive reports for senior management and investors.
• Conduct market research and monitor market trends.
• Review and screen debt financing and loan acquisition opportunities.
• Create detailed cash flow analyses using Excel.

SKILLS/KNOWLEDGE/ABILITIES:

• Strong analytical and quantitative skills.
• Demonstrated understanding of and strong interest in commercial real estate, capital markets, and debt financing.
• Excellent verbal, writing, and communication skills.
• Ability to work in a collaborate team environment
• Proficiency using Excel

EDUCATION AND EXPERIENCE:

• 4+ years of experience in commercial real estate asset management and/or commercial mortgage originations or underwriting
• Bachelor’s degree in business administration, real estate, economics, engineering or math field, with a demonstrated interest in real estate finance.

LOCATION & COMPENSATION:

• This is an onsite position based in Bayview’s New York, NY office.
• Base compensation is expected to be $100,000 - $140,000 with the opportunity for incentive compensation including a performance-based bonus.

EEOC

Bayview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.