Commercial Real Estate Underwriting Analyst

RGA Enterprise Services Company; Chesterfield (MO); Sur place; USD 65 000 - 90 000; Plein temps

Résumé du poste

RGA Enterprise Services Company is seeking an experienced Real Estate Underwriting professional to support pre- and post-closing activities and loan analysis for commercial mortgage investments. You will assist in credit presentations, market analyses, lease reviews, and borrower financial assessments under the direction of the Director(s) of Underwriting.

You will collaborate with asset management, closers, and legal counsel to ensure regulatory compliance, maintain loan data, and help develop

Qualifications

• BS in business, economics, finance or equivalent experience required.
• 3+ years of investment-related or commercial real estate experience.
• MA or MBA may substitute; CFA/CCIM designations preferred.
• Masters in Business Administration, Real Estate or Finance preferred.
• Prior CMBS or real estate structured securities experience valued.
• Experience managing investments for insurance client assets a plus.

Responsabilités

• Assist in preparing credit presentations under underwriting directors.
• Support market analyses, rent and sales comps, major tenant analyses, borrower analyses, and lease reviews.
• Review appraisals, property condition reports, environmental reports, leases, rent rolls, operating statements, borrower documents, and financial statements to identify risks.
• Coordinate with closers and legal counsel to ensure loans meet regulatory requirements.
• Maintain loan production data and generate production reports for the Director(s) of Underwriting and CML team.
• Develop loan ratings by analyzing credit characteristics of new loans for losses and market values.
• Liaise between Asset Management and Underwriting to compare annual ratings to initial underwriting.
• Data entry and quality control of mortgage loan data in Loan Management System; support data accuracy.

Connaissances

Commercial mortgages

Loan transactions

Attention to detail

Independent work

Interpersonal skills

Legal terminology

Client service

Analytical skills

Leadership potential

Formation

BS in business, economics, finance or equivalent experience

Master's, MBA

Masters in Business Administration, Real Estate, or Finance

CFA or CCIM designation

Description du poste

You desire impactful work. You're RGA ready RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 200 Company and listed among its World's Most Admired Companies , we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A Brief Overview

Provides high-quality, value-added and timely pre and post-closing services to Real Estate Underwriting associates, Real Estate attorneys, Closing associates, and RGA's Regional Real Estate Offices. Pre-closing activities rent roll and operating expense analysis, initial loan setup in PLM, review of property leases, borrower organizational documents, and review and analysis of real estate market data. Post-closing activities include working with real estate asset management, closing, and servicing to communicate specific loan terms and enable efficient processing of borrower requests. Pre and post-closing activities are extremely time sensitive to meet deadlines for loan closings as well as posting collateral with the FHLB.

What you will do

Assist in the preparation of credit presentations under the guidance and direction of Director(s) of Underwriting. Support the development of recommendations by compiling information related to the real estate securing the loan, property income characteristics, market and submarket conditions, and transaction economics.

Assist with property inspections and support the development of market analyses, rent and sales comparable analyses, major tenant analyses, borrower analyses, and lease reviews for inclusion in Underwriter credit presentations.

Assist in reviewing and summarizing appraisals, property condition reports, environmental reports, leases, rent rolls, operating statements, borrower organizational documents, and tenant and borrower financial statements to help identify potential risks associated with new commercial mortgage loan investments.

Support the Director(s) of Underwriting in coordinating with closers and internal and external legal counsel to help ensure loans meet regulatory requirements and are closed in accordance with approved terms.

Assist underwriters and closers in maintaining loan production data for loans in process, including yield and credit characteristics, and support reporting provided to the Director(s) of Underwriting and other members of the CML team.

Assist in the development of loan ratings by compiling and analyzing credit characteristics of new loans to support evaluation of potential losses and appropriate market values.

Act as a liaison between Asset Management and Underwriting to review the Asset Managers annual quality ratings and compare them to initial underwriting for a selected number of loans.

Perform data entry and assist with quality control reviews of mortgage loan data maintained in RGA's Loan Management System. Work with underwriters, closers, and servicing staff to help ensure data accurately reflects the underwriting characteristics of each new loan.

Assist in producing and maintaining loan production reports and coordinate with the information technology department as needed.

Support the Director(s) of Underwriting in evaluating the credit quality of commercial mortgage loan portfolios under consideration for purchase in connection with potential future reinsurance business for RGA.

Qualifications

Education and Experience

Required:

• BS in business, economics, finance or equivalent experience
• 3+ years of investment-related or commercial real estate experience
• OR
• Master's, MBA

Preferred:

• Masters in Business Administration, Real Estate, or Finance
• CFA or CCIM Designation
• Prior experience analyzing CMBS or other Real-Estate related structured securities
• Prior experience managing in investment management for insurance client assets

Skills and Abilities

Required:

• Technical knowledge of commercial mortgages including loan transactions and pre- and post-close documentation; strong attention to detail and extreme accuracy
• Experience in commercial loan originations and solid relationships with correspondents
• Demonstrated ability to work independently as well as with others
• Well-developed interpersonal skills
• Advanced knowledge of legal terminology, concepts, practices, and procedures
• Advanced oral and written communication skills demonstrating ability to share and transfer knowledge
• Advanced ability to deliver excellent client service
• Intermediate investigative, analytical and problem solving skills
• Intermediate people management skills, demonstrating the ability to lead, mentor and develop associates, including the ability to delegate key areas of responsibility
• Ability to be flexible when needed, take initiative, and demonstrate accountability
• Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions
• Ability