Senior Director Commercial Mortgage Originations
Senior Director Commercial Mortgage Originations
Posted on :
05-04-2025
Employer Active
1 Vacancy
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Monthly Salary
$ 200000 - 275000
Vacancy
1 Vacancy
Posted on :
05-04-2025
Job Description
POSITION SPECIFICATION
SENIOR DIRECTOR COMMERCIAL MORTGAGE ORIGINATIONS
SENIOR DIRECTOR COMMERCIAL MORTGAGE ORIGINATIONS
Shine Associates LLC has been retained to search identify and recruit a Senior Director Commercial Mortgage Originations on behalf of our client (Company). This position will be based in New York City.
CONFIDENTIALITY
Shine Associates LLC has been exclusively retained on this assignment. Information contained in this position specification as well as any other information concerning the Company provided or verbally discussed is confidential. All materials and discussions are to be utilized for the sole purpose of a candidates personal review of the career opportunity.
CLIENT DESCRIPTION
Our client is a leading capital provider in the real estate industry and is recognized as a toptier commercial mortgage lender staffed by a team of highly experienced real estate professionals. The primary focus of the Real Estate Debt Team is the origination and management of commercial real estate related debt products including mortgage loans (fixed and floating rate) and structured debt investments (including construction and bridge loans) which are typically secured by industrial multifamily retail office and hotel properties.
The Company is one of the largest mutual life insurance companies in the United States. Founded in 1845 the firm is headquartered in New York City and is one of the most financially strong and highly capitalized insurers in the business. Our client has over $680 billion in assets under management and holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies.
Financial strength integrity and humanity the values upon which the Company was founded have guided the companys decisions and actions for more than 175 years.
The Northeast Regional Office is responsible for commercial mortgage origination and portfolio management efforts for the Northeast U.S. Major markets from Northern VA through New England. Over the past five years the Northeastern Regional Office has originated nearly $8 billion of fixed and floating rate mortgages on a variety of properties working with top tier owners developers investment advisors pension funds private equity firms and mortgage brokers.
SENIOR DIRECTOR COMMERCIAL MORTGAGE ORIGINATIONS
Senior Director Commercial Mortgage Originations responsibilities include proactive solicitation of commercial mortgage loan opportunities through developers institutional owners/investors and mortgage brokers. The originator will be involved in all aspects of mortgage origination business development/marketing underwriting due diligence application negotiation and loan closing processes. The originator will also be involved with the monitoring and management of the existing regional mortgage portfolio and existing relationships. Travel is required.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- A strong knowledge of Eastern U.S. real estate markets and commercial properties including but not limited to industrial retail multifamily office and hotels.
- Excellent analytical quantitative and technical skills including the ability to analyze underwrite and forecast property cash flows and valuations using Argus and Excel software.
- The ability to size and price loans with proper structural features and negotiate term sheets and loan commitments.
- Successful track record and experience in the commercial mortgage loan origination due diligence and loan closing/negotiation processes.
- Team player who is organized efficient proactive conscientious and assumes accountability and responsibility for specific performance and work product.
- Strong interpersonal relationshipbuilding skills and marketing skills. Excellent written and verbal communication and presentation skills. Creative problemsolver with strong research skills.
- The ability to gather analyze and interpret real estate market data/trends and financial information. The ability to independently and proactively interact with and gather data from borrowers brokers property managers appraisers attorneys and other real estate professionals.
- The ability to multitask and effectively respond to changes in workflow priorities and workload in a team environment.
- Construction lending and/or structured lending experience a plus
QUALIFICATIONS SKILLS AND EXPERIENCE
To qualify for this position you should preferably have a Bachelors and/or Masters degree in Finance Real Estate Accounting or related disciplines with 10 to 15 years of experience as a commercial mortgage underwriter/originator preferably with a major financial institution or mortgage brokerage company. A qualified candidate will have a proven track record in commercial mortgage loan originations a strong work ethic and the ability to work well in a team setting. An industryrecognized designation such as CCIM or CFA or course work toward either of these designations is a plus.
COMPENSATION
The expected base salary for this position ranges from $200000 $275000. Actual base salary will be determined based on several factors but not limited to individuals experience skills qualifications and job location. Additionally employees are eligible for an annual discretionary bonus. In addition to base salary employees may also be eligible to participate in an incentive program.
Hillary H. Shine Principal Kelsey E. Shine Director
CellCell
emailprotected emailprotected
Required Experience:
Senior IC
Employment Type
Full-Time
Key Skills
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