drjobs PGIM Real Estate - Executive Director Debt Originations

PGIM Real Estate - Executive Director Debt Originations

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Job Location drjobs

New York City, NY - USA

Monthly Salary drjobs

$ 225000 - 275000

Vacancy

1 Vacancy

Job Description

Job Classification:

Investment Management Investments

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential were always looking for ways to improve financial services. Were passionate about making a meaningful impact touching the lives of millions and solving financial challenges in an everchanging world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading global asset managers!

If youre not afraid to think differently and challenge the status quo come and be a part of a dedicated team thats investing in your future by shaping tomorrow today. At PGIM You Can!

What you will do:

We are looking for an astute determined professional like you to fill anExecutive Director position within our Originations team. You will showcase your success through collaboration ownership and innovation.

PGIM Real Estates Originations team engages in all aspects of the loan origination process. As an Executive Director Originations you would be directly responsible for sourcing and originating commercial real estate debt investments for our various investors. The expectation is that this person will assume direct originations responsibilities upon joining. We seek demonstrated experience successfully originating and negotiating commercial real estate loans as evidenced by a strong track record of closed loans over the past several years. Possessing a book of business in the Northeast in some capacity is preferred.

What you can expect:

  • Responsible for sourcing (directly and through partnering internally) and originating commercial real estate debt investments for PGIMs various investors.
  • Responsible for managing all aspects of the loan origination process including analysis and underwriting debt structuring pricing strategy presentations to senior management due diligence review transaction negotiation and closing.
  • Developing relationships with prospective borrowers and intermediaries while maintaining and building enduring relationships with existing clients across the platform.

What you will bring

  • 10 years of experience in commercial real estate lending with proven experience originating loans
  • A credit mindset and the ability to review structure and underwrite loans to mitigate risks corresponding to the needs of PGIMs various capital sources.
  • Demonstrated ability to be a team player
  • Bachelors Degree in Finance Real Estate or a related field
  • Excellent organizational skills and attention to detail with ability to manage multiple projects simultaneously.
  • Outstanding written and oral communication skills.
  • Ability to work both independently and as an integral member of a team.
  • Proficiency in MS Office applications (Excel Word and PowerPoint)

What will set you apart

  • Possessing a book of business in the Northeast
  • Experience working with all real estate asset classes
  • MBA from a top program preferred but candidates with additional lending experience will be given similar consideration.
  • Experience managing junior level talent

*We know not everyone will meet 100 of the requirements however we encourage you to apply if you think your skills are a good fit for this role.

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The base salary range for this role is from $225000 to $275000. Specific pricing for the role may vary within the above range based on many factors including geographic location candidate experience and skills. This role is also eligible for additional compensation and/or benefits including a competitive discretionary annual cash bonus opportunity along with long term incentive awards.

About PGIM Real Estate

With $207.9 billion in gross assets under management and administration $133.8 billion net)1 PGIM Real Estate provides investors and borrowers access to a range of real estate equity real estate debt agriculture and impact solutions across the riskreturn spectrum.

PGIM Real Estate is a business of PGIM the global asset management business of Prudential Financial Inc. NYSE: PRU. PGIM Real Estates risk management approach capabilities and industry insights are backed by a 50year legacy of investing in commercial real estate a 140year history of real estate financing2 and the local experience of professionals in 32 cities globally. Through its investment financing asset management and talent management approach PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact while pursuing activities that seek to strengthen communities around the world. For more information visit

#LIHybrid

#LISC1

What we offer you:

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program whereby an award if any depends on various factors including without limitation individual and organizational performance. To find out more about our Total Rewards package visit Work Life Balance Prudential Careers. Some of the above benefits may not apply to parttime employees scheduled to work less than 20 hours per week.


Required Experience:

Director

Employment Type

Full-Time

About Company

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