Commercial Real Estate Banker I

Gamma Phi Omega International; Boston (MA); On-site; USD 150,000 - 175,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Life insurance

Disability

401k plan

Vacation time

Sick days

Paid holidays

Pension plan

Restricted stock units

Deferred compensation plan

Job summary

Truist Financial Corporation in Boston seeks a seasoned Banking professional to manage private real estate developer and investor relationships. You will lead credit facilities, treasury services and capital markets transactions, while collaborating with product partners to deliver proactive CRE solutions.

The role requires CRE credit training, senior-level client engagement, and leadership of junior teammates.

Qualifications

• Bachelor's degree in Business, Finance or related field.
• 3–5 years of experience in Commercial Real Estate Banking.
• Strong analytical and CRE credit training.
• Excellent interpersonal, marketing and sales skills.
• Proven negotiating ability and strong business acumen.
• Knowledge of CRE industry and CRE development/investment.
• Familiarity with financial modeling and related IT systems.

Responsibilities

• Manage client relationships and drive revenue growth across credit facilities, capital markets and treasury services.
• Serve as lead point of contact to grow and deepen client relationships.
• Collaborate with product partners across the bank to provide proactive client solutions.
• Maintain credit risk standards and respond to risk reviews and audits.
• Prepare presentations for senior management on credit opportunities and portfolio updates.
• Engage with CRE industry organizations and participate in leadership roles.
• Mentor junior teammates and promote professional growth.

Skills

Client management

CRE credit knowledge

Negotiation skills

Analytical problem-solving

Interpersonal communication

Education

Bachelor's degree in Business/Finance or related field

Tools

Excel

Argus

IPL

Job description

Please review the following job description:

Deliver customized, complex banking and capital markets solutions to private real estate developers and investors nationwide. Banker is the primary point of contact, responsible for maintaining and growing existing client relationships as well as developing new primary relationships in order to deliver revenue growth for the line of business.

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Need Help?

Regular or Temporary: Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Responsible for all aspects of client management including driving execution of credit facilities, capital markets transactions, and treasury management services.
• Act as lead point of contact for clients and prospects to grow and deepen client relationships by executing on a defined profitable growth plan.
• Regularly engage with product partners across the bank including Capital Markets, Treasury, Agency, Mortgage Banking and Marketing to in an effort to provide proactive solutions to client needs.
• Employ astute risk management by maintaining satisfactory credit risk standards, risk review assessments, audit results and compliance results.
• Prepare and deliver presentations to senior line of business management and senior credit risk management for new credit opportunities, portfolio management, and market overviews.
• Engage and be active in various Commercial Real Estate (CRE) industry organizations including, but not limited to, ULI, NAIOP, CREW, RELA, CREFC, and others. Leadership roles are preferred.
• Stay informed on industry developments, trends and competitive data; functioning as an industry expert for Corporate and Investment Group (CIG) CRE and Truist.
• Work closely with junior-level teammates to foster and promote professional growth opportunities.

QUALIFICATIONS

Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor's degree in Business, Finance or related field, and specific knowledge/experience with supporting educational background, or equivalent education and related training
• Minimum three (3), preferred five (5) years of related experience, preferably all in Commercial Real Estate Banking
• Strong analytical problem-solving skills; Formal CRE credit training preferred
• Effective interpersonal communication, marketing and sales skills
• Proven negotiating ability
• Strong business acumen (i.e. critical thinking and decision making)
• Strong understanding of the Real Estate industry, including deep fundamental understanding of Real Estate development and investment
• Knowledge of accounting, financial, operational, regulatory and information technology systems
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
• Competence in Real Estate Finance modeling, including IPL, DCF and Argus

The annual base salary for this position is $150,000 - $175,000. Additional incentive pay is available for this position.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

• medical
• dental
• vision
• life insurance
• disability
• accidental death and dismemberment
• tax-preferred savings accounts
• a 401k plan
• 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment
• 10 sick days (also prorated)
• paid holidays
• Truist’s defined benefit pension plan
• restricted stock units
• a deferred compensation plan

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law E-Verify IER Right to Work