SUMMARY
The Analyst will work closely with company leadership and professional service firms in the day-to-day management and advancement of Performing Loan Requests in Rialto’s portfolio. This individual will have a blend of commercial real estate knowledge, loan document understanding and financial modeling skills.
KEY RESPONSIBILITIES
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Underwrite performing loan requests for reserve disbursements, property manager changes, lease approvals, loan assumptions, equity transfers, franchise changes and other requests as needed from time of assignment through closing stages
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Perform property-level quantitative credit analyses including: debt service coverage ratio calculations, debt yield calculations, property specific cash flow analysis, tenant roll, and other financial analysis/modeling in order to formulate and substantiate a credit recommendation
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Analyze property operating performance through review of operating statements, rent rolls and leases
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Evaluate and abstract third-party reports, loan documents, service contracts and leasing / listing agreements
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Negotiate complex transactions
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Draft credit recommendation memoranda and present conclusions to senior management
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Communicate effectively with internal and external parties including borrowers, legal counsel, property managers, vendors, and other Rialto departments
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Ensure all requests are handled in compliance with the terms of the related Loan Documents
SPECIFICATIONS
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Bachelor’s Degree from an accredited university is required preferably specializing in Real Estate, Finance, Accounting or related business field
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Master’s Degree or other post-graduate degree preferred
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1-3 years of related experience in commercial real estate, property underwriting, loan servicing, or other related field is preferred
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Proficiency with Microsoft Office applications
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Excellent written and verbal communication skills are essential attributes with strong interpersonal skills for effective interactions with internal and external stakeholders
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Strong work ethic and attention to detail
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Ability to multi-task and collaborate within a team setting