Spring11 - Capital Markets Associate

Newmark Group; Atlanta, Northern (GA, KY); Hybrid; USD 80,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Vision insurance

Dental insurance

401(k) with employer matching

Paid time off

Job summary

Newmark Group, via its Spring11 affiliate, seeks a Capital Markets Associate in Atlanta to support commercial real estate securitization and advisory projects. You will review data tapes, build financial models, prepare offering documents, and coordinate with originators, lenders and rating agencies to ensure timely deal milestones.

The role requires 5+ years of structured finance experience, strong Excel/Intex/Bloomberg skills, and a Bachelor’s degree in a finance-related field.

Qualifications

• 5+ years of experience in structured finance; CMBS or CLO transactions and prior securitization experience preferred.
• Bachelor's degree or higher in finance-related field such as Business Administration, Economics, Finance, Engineering or Mathematics
• Proficiency in Excel, experience with Intex, Bloomberg, or other fixed income analytical tools a strong plus; exposure to databases and/or programming languages a plus
• Firm understanding of finance, business operations, and mathematical/statistical modeling
• Detail oriented with a disciplined approach to process and quality control
• Strong communication skills to interact with partners, clients and rating agencies

Responsibilities

• Review loan-level data, credit memos, appraisals and other due-diligence materials to verify accuracy and completeness prior to securitization
• Analyze commercial real estate collateral, including property performance, lease structures and market conditions to assess credit quality
• Prepare and maintain financial models for securitized transactions, including cash flow projections and loan-level metrics
• Assist in drafting and reviewing large-loan write ups and offering documents for accuracy and data tapes for CMBS/CLO securitization
• Coordinate with originators, underwriters, legal counsel and accountants to ensure timely deal milestones
• Perform data reconciliations and quality control across internal systems
• Work with clients (banks, REITs, PE funds, hedge funds) to execute securitizations on principal or agented basis

Skills

Structured finance

CMBS/CLO transactions

Financial modeling

Communication skills

Analytical mindset

Education

Bachelor's degree or higher (Finance/Econ/Engineering/Math)

Tools

Excel

Intex

Bloomberg

Programming languages

Job description

Spring11, an affiliate of Newmark provides a full suite of commercial real estate services to a wide range of clients including some of the world’s largest banks, debt and equity funds, REITs, life insurance companies, brokerages, and investors throughout the United States and Europe. Our team consists of over 600 employees based in New York, Atlanta, Houston, Boca Raton, Kansas City, and Chennai, India.

JOB DESCRIPTION:

We are currently seeking a Capital Markets Associate to join our growing team in Atlanta. This role provides support in delivering commercial real estate transactions and advisory projects, including, but not limited to, data tapes, term sheets and offering documents for CMBS and CLO transactions, and other commercial real estate loan underwriting and securitization services.

Responsibilities

ESSENTIAL DUTIES :

Review loan-level data, credit memos, appraisals and other due-diligence materials to verify accuracy and completeness prior to securitization

Analyze commercial real estate collateral, including property performance, lease structures and market conditions to assess credit quality

Prepare and maintain financial models for securitized transactions, including cash flow projections and loan-level metrics

Assist in drafting and reviewing large-loan write ups and offering documents for accuracy and consistency and completion of data tapes for CMBS and CLO securitization transactions

Coordinate with internal and external stakeholders including originators, underwriters, legal counsel and accountants to ensure timely completion of deal milestones

Perform data reconciliations and quality control checks across internal systems

Work with a variety of clients (financial institutions, REITs, private equity funds and hedge funds) to execute bespoke commercial real estate securitizations on a principal or agented basis

Qualifications

SKILLS , EDUCATION AND EXPERIENCE :

5+ years of experience in structured finance; CMBS or CLO transactions and prior securitization experience preferred

Bachelor's degree or higher, ideally in a finance-related field of study such as Business Administration, Economics, Finance, Engineering or Mathematics

Proficiency in Excel, experience with Intex, Bloomberg, or other fixed income analytical tools a strong plus; exposure to databases and/or programming languages a plus

Firm understanding of the principles of finance, business operations, and mathematical and/or statistical modeling

Detail oriented, with a highly disciplined approach to process and quality control

Effective communication skills to interact with functional partners, clients and rating agencies

Ability to work in a fast-paced and quickly changing environment

Strong team player with organizational and multi-tasking skills

Salary Range Language:

The expected base salary for this position ranges from $80,000 to $110,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held.In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

WORKING CONDITIONS :

Normal working conditions with the absence of disagreeable elements.

NOTE:

The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.