Director - CMBS Finance (Capital Markets)
This range is provided by Coda Search¦Staffing. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.Base pay range
$300,000.00/yr - $500,000.00/yrOur Client is an independently owned, NYC based alternative asset management firm currently seeking to add a VP/Director to their growing Real Estate (CMBS) Investments practice. The ideal individual will play the leading role advising/constructing custom investment portfolios, underwriting B-piece loans, and supporting the firm's investment goals and agendas.This is a newly created role due to firm-wide growth. This select individual should be prepared to complement the firm's legacy investment team, with a specialization in CMBS sub-investment grade (B-Piece) investments.Key Responsibilities:Lead underwriting process for complex real estate (CMBS) debt investment strategiesDevelop and maintain portfolio models, performance & risk analytics, and other relevant monitoring/reporting tools.Develop investment analysis and forecast performance for CMBS and real estate-related assetsProvide analysis and valuation models for CMBS B-Piece securitiesFormulate credit parameters and transaction-level risks relating to property-level cash flows and market data.Lead analysis/valuations/due diligence and hypothetical stress testing on complex debt, hard to price real estate transactionsConduct thorough sector and issuer due diligence, tracking trends, performance, and macroeconomic drivers to formulate investment recommendations for sectors and individual securitiesPrescreen opportunities prior to the sizing, underwriting, and documentation processFormulate buy and/or sell recommendations in both new issue and secondary markets and effectively communicate them to the broader investor community, including through written credit opinionsCollaborate with our Research, Engineering, Legal, Compliance, and Finance teams to take products from conceptualization to launch. Develop and execute a comprehensive product strategy that leverages our capabilities to create innovative solutionsWhat you need to succeed:10+ years of experience in the alternative investment industryPrior experience with CMBS B-Piece Transactions Strongly PreferredDeep understanding of CMBS/CRE-focused securitized productsMust possess a very good understanding of Mortgage cash flows, prepayments, and prepay modelsCFA designation is strongly recommended; MBA/MFE (or equivalent) is preferredDemonstrated experience in building trusted advisor relationships within the Insurance business in relevant insurance markets, private equity, private credit/insurance vertical M&AHighly motivated, entrepreneurial, and team-oriented candidates with strong problem-solving skillsTeam orientation and influencing skillsStrategic and entrepreneurial mindsetAn ability to work through others to influence outcomes, as well as a willingness to “roll-up your sleeves” to get things doneTrack record of successfully building growth plans and accelerating business development within the Insurance verticalKnowledge of broad asset classes across the investment spectrumProblem solver, with demonstrated ability to deliver innovative solutionsAbility to cultivate strong working relationships across various functional areas (Investments, ALM, Treasury, Risk, and Finance)Seniority level
DirectorEmployment type
Full-timeJob function
Business Development, Strategy/Planning, and FinanceIndustries
Capital Markets, Investment Management, and Financial Services
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