Commercial Real Estate Risk Officer - Vice President

Deutsche Bank; East Farmingdale (NY); Hybrid; USD 125,000 - 203,000; Full time

Job summary

An established industry player is seeking a Commercial Real Estate Risk Officer to manage credit risk within their dynamic team. This role involves analyzing and recommending credit approvals for various real estate transactions while acting as a key intermediary between business units and credit committees. With a hybrid working model, the position offers flexibility and a collaborative environment. The ideal candidate will have a strong background in commercial real estate finance and the ability to work independently while providing guidance to junior team members. Join a company that values innovation and inclusivity, and make a significant impact in the financial sector.

Benefits

Generous vacation days

Health and wellbeing benefits

Retirement savings plans

Parental leave

Educational resources

Volunteer programs

Qualifications

• Experience in commercial real estate finance with a focus on risk assessment.
• Ability to analyze structured loans and coordinate with auditors.

Responsibilities

• Analyze and recommend credit approvals for commercial real estate transactions.
• Monitor portfolio developments and manage risk retention.

Skills

Commercial Real Estate Finance

CMBS Lending

Structured Loans Analysis

Internal Audit Coordination

External Audit Coordination

Job description

Job Description:

Job Title Commercial Real Estate Risk Officer

Corporate Title Vice President

Location New York

Overview

The Commercial Real Estate (CRE) credit team is tasked with managing the real estate credit risk for Deutsche Bank's Commercial Real Estate Group. In particular, Risk Officer is responsible for handling approvals for all real estate related transactions to be securitized or retained on balance sheet. Additional tasks include setting and monitoring counterparty credit limits, negotiating loan terms, reviewing due diligence and underwriting, and interfacing with senior management and business personnel. You will be expected to analyze and recommend approvals/declines, or new loan terms for proposed commercial real estate transactions involving stabilized and transitional properties, Risk Officer will act as the primary intermediary between the Business units, department heads and credit committees, assist in structuring transactions to achieve optimal risk/return outcomes, and monitor portfolio and financial/market developments within commercial real estate and related sectors. Experience with internal and external audit coordination required.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs, and an environment that encourages networking and collaboration across functions and businesses

What You'll Do

• Analyze/Assess and recommend credit approval/declines, or suggest new loan terms for proposed commercial real estate transactions slated for securitization, warehouse lending, or the balance sheet portfolio involving stabilized and transitional properties;

• Act as the primary intermediary between the Business units, department heads and credit committees; Assist in structuring transactions to achieve optimal risk/return outcomes;

• Perform property level due diligence including cash flow analysis, site inspections, and reviews of legal documents and third-party reports; Review and write recommendations to obtain approval for new loans, annual reviews, loan amendments and collateral updates;

• Monitor portfolio and financial/market developments within commercial real estate and related sectors as needed to enhance response capability and corporate knowledge;

• Monitor/Manage Risk Retention portfolio, including regular reviews and risk assessment; Interact with internal business unit personnel to prepare credit reports and due diligence documentation that support Deutsche Bank's business strategies while operating within the constraints of Deutsche Bank's risk appetite for commercial real estate in a manner consistent with its policies and procedures;

• Monitor existing balance sheet loans including sponsor/guarantor financial capacity, Watchlist credits, and the preparation of impairment analyses and memoranda as necessary; and Maintain data integrity for all names / transactions in Information Technology (IT) systems and assist and at times lead CRM - CRE's interactions with internal / external auditors and regulatory authorities and other Deutsche Bank infrastructure teams (Finance, Regulatory, Risk Analytics, etc.)

How You'll Lead

• Provide guidance and support to junior team members

• Train new team members on commercial real estate fundamentals; and

• Interface with auditors by providing succinct analysis and responses to queries, as well as conducting presentations when required

Skills You'll Need

• Moderate commercial real estate finance experience

• CMBS / Balance sheet lending experience

• Ability to analyze/review structured loans

• Experience working with internal and external auditors

Skills That Will Help You Excel

• Highly motivated with ability to work independently

• Excellent verbal and written communication skills

• Ability to multi-task

• Attention to detail

• Structured lending experience, Self-starter with a high level of integrity

Expectations

It is the Bank's expectation that employees hired into this role will work in the New York City office in accordance with the Bank's hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $125,000 to $203,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

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