Investment Associate

Coda Search│Staffing; New York (NY); On-site; USD 110,000 - 170,000; Full time

Job summary

Coda Search│Staffing is seeking an Investment Associate for a private equity fund manager investing in distressed CRE debt in the New York area. You will participate in evaluation, underwriting, due diligence, and closes while analyzing existing investments.

Responsibilities include underwriting loan portfolios, leading due diligence, reviewing loan documents, valuing CRE assets, and preparing memoranda for the Investment Committee. Strong modeling and portfolio analysis skills are required.

Qualifications

• 4–6 years of CRE underwriting experience with strong Excel, Argus, and financial modeling skills.
• Experience with loan data tapes, portfolio-level analysis, scenario/stress testing, and partnership waterfall.

Responsibilities

• Underwrite and price nonperforming, subperforming, and performing loans and loan portfolios.
• Lead due diligence process and facilitate investment closings.
• Review litigation and legal provisions in loan documents and incorporate them into modeling and pricing.
• Value all CRE asset classes in the New York metro area.
• Write investment memoranda and present opportunities to the Investment Committee.
• Develop scenario analyses and build fund models.

Job description

A private equity fund manager that invests in distressed debt secured by commercial real estate is looking to hire an Investment Associate. The Associate will participate in the evaluation, underwriting, due diligence, and transaction closing of new investment opportunities, as well as the analysis of existing investments.

What You’ll Do:

• Underwrite and price nonperforming, subperforming, and performing loans and loan portfolios
• Lead due diligence process and facilitate investment closings
• Review litigation and legal provisions in loan documents and incorporate them into modeling and pricing
• Value all CRE asset classes in the New York metro area
• Write investment memoranda and present opportunities to the Investment Committee
• Develop scenario analyses and build fund models

• 4-6 years of CRE underwriting experience, including strong Excel, Argus, and general financial modeling skill
• sExperience with loan data tapes, portfolio-level analysis, scenario/stress testing, and partnership waterfall