Associate, Production Analytical Support
- Compensation
- $90K–$115K / yr
- Location
- East Rutherford, NJ
- Work setup
- Hybrid
- Seniority
- Not specified
- Employment
- Not specified
- Experience
- 1+ years
- Category
- Support
- Posted
Must have
- Bachelor’s degree from an accredited college or university required.
- 1-2 years of experience in real estate related financial analysis for a lending institution, brokerage firm or investment firm preferred
- Proficiency in Microsoft Office (with emphasis on Microsoft Excel)
- Demonstration of a strong work ethic, ambition, teamwork, creativity and sound ethical conduct
- Flexibility and ability to work under pressure with tight deadlines; Ability to adjust priorities in a changing environment
- Excellent organizational, communication, presentation, and interpersonal skills
- Ability and desire to plan, organize, and prioritize assignments, and to meet critical and established deadlines; Ability to manage multiple assignments and transactions simultaneously
- Demonstrated ability to maintain confidentiality and to use discretion in the performance of daily activities
- Professional business image and excellent command of the English language, both verbally and in writing (spelling, grammar, and punctuation) including a strong aptitude for accuracy and detail
- Ability to learn quickly and demonstrated ability to work independently and as part of a high-performance team
- Highest degree of integrity and professionalism
- Ability to synthesize large amounts of information into clearly articulated credit and business recommendations both verbally and in writing
- Initiative and strong sense of personal motivation as well as responsibility
Full description
Lument provides comprehensive capital solutions for multifamily, affordable, MHC, and commercial real estate. This includes a full suite of financing and strategic solutions such as investment banking, mortgage banking, private equity, a variety of direct balance sheet lending options, investment sales, and mergers and acquisitions. We are seeking an Associate to work side-by-side with a seasoned professional on a substantial volume of financing opportunities. The Associate will be an integral part of the team, responsible for a wide variety of analysis related to new and existing investments.
Essential Duties & Responsibilities
- Perform loan analysis and underwriting, but not limited to:
- Proficiency in excel models and capital markets analysis
- Direct all facets of analysis prior to taking a deal to market.
- Prepare and review lender submission packages for deal placement.
- Provides credible recommendations to supervisor based on market research and analysis.
- Be the primary lead for internal deal coordination to include, but not limited to:
- Engagement and coordination of third-party report providers
- Creation and collection of due diligence needs list
- Primary reviewer of application due diligence for completeness and accuracy
- Administrative transaction organization (expense tracking, deal folder completeness, credit report ordering)
- Creation of complete and deficiency free submissions to Prospective Lenders
- Have extensive interaction with borrowers and third-party vendors to process and provide analytical support to the underwriter for loan applications
- Communicate clearly with borrowers, third party providers, originators, underwriters and others to facilitate transaction flow.
- It is expected that the team member develops the knowledge and skills necessary to prepare credit request presentations.
- Assist Closing department in the preparation of documents required for loan commitments and closings.
- Become fully versed in all applicable Commercial Real Estate underwriting and processing guidelines.
- Become fully versed in and apply a thorough knowledge of LUMENT CM policies, processes and procedures.
- Work professionally and harmoniously with team and coworkers
- Position may require travel on a minimal basis
- Other projects and duties as assigned
Contacts
- This position has frequent contact with all levels of employees and management. In addition, this role interacts with outside business partners, vendors, consultants, and other office visitors
Education, Skills & ExperienceRequired
- Bachelor’s degree from an accredited college or university required.