Associate Real Estate Bridge Lending Part-Time
Associate Real Estate Bridge Lending Part-Time
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$ 85475 - 136761
1 Vacancy
Job Description
Overview
This Associate position plays a central role in the origination and underwriting of bridge loans.
Responsibilities
Essential Functions
- Builds and maintains financial models to perform analysis under different operating scenarios.
- Performs full valuation DSCR and debt yield analyses on real estate collateral nationwide.
- Participates in daytoday deal capital recycling needs interacting with senior deal team members client management teams transaction counterparties and other advisors.
- Manages due diligence processes including preparing virtual data rooms tracking and coordinating the information flow and reviewing and analyzing company sponsor and market information.
- Orders and reviews third party appraisals environmental engineering zoning insurance title and legal documents.
- Prepares asset summary reports and other deliverables for credit committee presentations.
- Monitors and evaluates current events related to CMBS and real estate markets nationwide.
- Performs other duties as assigned.
Qualifications
Education/Experience Requirements
- Undergraduate degree in a related field or an equivalent combination of training and experience.
- 25 years commercial real estate finance experience. Bridge Lending experience preferred.
Preferred Requirements
- Strong financial modeling/valuation and analytical skills.
- Broad knowledge of the CRE finance industry as well as a basic understanding of legal and tax aspects related to real estate transactions.
- Ability to comfortably interact with clients in a professional and mature manner.
- Ability to conduct thorough independent research.
- Outstanding ethics integrity and judgment.
- Highly organized detailoriented and proactive.
- Excellent verbal written and interpersonal communication skills.
- Team player able to work effectively in a team fostered multitasking environment.
- Proficient in Microsoft Office suite e.g. Excel PowerPoint Word Outlook.
- Position is required to travel up to 25 percent.
Background & EEO Statement
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Salary Range: $85475 $136761 Annually
This information reflects the base salary pay range for this job based on current national market data. Ranges may vary based on the jobs location. We offer competitive pay that varies based on individual experience qualifications and other relevant factors. We encourage you to apply to positions that you are interested in and for which you believe you are qualified. To learn more you are welcome to discuss with us as you move through the selection process.
Working at The Bancorp Bank N.A. and Benefits Information:click here
Diversity & Background Screening
Diversity & Inclusion at The Bancorp Bank:click here
The Bancorp Bank N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race color religion gender gender identity sexual orientation pregnancy citizenship national origin age disability genetic information veteran status or other protected category with respect to recruitment hiring training promotion and other terms and conditions of employment.
Employment with The Bancorp Bank N.A. includes successfully passing a background check including credit criminal education employment OFAC and social media background history.
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Required Experience:
IC
Employment Type
Unclear
