Credit Analyst, Assistant Vice President
Location:
California , Michigan
Posted:
December 16, 2017
Reference:
172177
Global Treasury
Global Treasury is an investment management group that invests and manages State Street's bank-owned assets with a current portfolio size of approximately $110B. State Street has recently directed Global Treasury to create and grow a new portfolio of commercial real estate loans from zero to a target portfolio size of $4B. The expectation is that this portfolio would comprise between 100-200 loans with a size ranging from $10M to $100M in loan size in different property types and in selected metropolitan markets throughout the U.S.
Responsibilities
The candidate will join a new lending team within State Street's Global Treasury division to create and grow a new portfolio of commercial real estate. They will be responsible for researching and participating in the underwriting and closing process for real estate loans secured by office retail multi-family industrial and hospitality properties. Responsibilities include:
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  • \t\tResearch commercial real estate markets by geographic regions and property types
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  • \t\tSupport the portfolio manager during the underwriting and approval process
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  • \t\tPerform credit and risk assessment of borrowers' financial and business background.
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  • \t\tReview and analyze collateral property in terms its economics market positioning leasing cash flow quality and valuation
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  • \t\tPrepare financial projections and underwriting memoranda.
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  • \t\tMonitors loans for problems
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  • \t\tPrepare regular reports and performance updates for the loan portfolio
Qualifications
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  • \t\tBachelor's degree in business finance accounting or related field.
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  • \t\tMinimum of 2 years of experience as a commercial real estate loan analyst at a bank or at another financial institution with specific experience in commercial real estate lending.
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  • \t\tCompletion of a credit analyst training program from a major institution preferred.
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  • \t\tExperience with Excel and/or Argus valuation software.
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  • \t\tStrong verbal and written communication and presentation skills.
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  • \t\tPositive attitude and a willingness to learn
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  • \t\tAbility to participate productively as part of a team.

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