SUMMARY
The CMBS Special Servicing Analyst will work closely with asset managers, company leadership and professional service firms in the day-to-day management and advancement of Specially Serviced loans in Rialto’s portfolio. This individual will have a blend of commercial asset valuation and legal contract experience and provide exceptional due diligence capabilities for new portfolio acquisitions. Strong analytic capabilities and leadership skills are key desired attributes.
KEY RESPONSIBILITIES
- Comprehensive analysis and understanding of loan collateral dynamics, value determination, and resolution alternatives
- Conduct local market analysis and research
- Engagement of and interaction with third party consultants including attorneys, receivers, management/leasing companies, appraisers, environmental engineers, and surveyors
- Preparation of quarterly budget and cash flow projections
- Thorough underwriting and cash flow analysis at the loan and property level on original B-Piece acquisitions and performing loans in the CMBS portfolio
- Analysts will have the opportunity to underwrite loans secured by all property types in all 50 states across the U.S.
SPECIFICATIONS
- Bachelor’s Degree in Business Administration, Finance, Real Estate, or related field required
- Master’s Degree preferred
- 0-2 years of experience, preferably in CMBS, commercial real estate or structured finance
- Strong work ethic; ability to excel in a fast-paced and deadline-driven environment
- Effective written & verbal communication; ability to present ideas in a clear and concise manner
- Strong analytical, research and reporting skills
- Well-organized with extremely high attention to detail
- Strong organizational skills with the ability to manage multiple priorities
- Advanced proficiency with Microsoft Office applications, specifically Excel and PowerPoint
- Comfortable reading and interpreting legal documents including loan agreements
