Senior Associate, CRE Underwriting (Structured Multifamily) Job at Veritas Partners, New York, NY

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  • Veritas Partners
  • New York, NY

Job Description

Senior Associate, CRE Underwriting (Structured/Bridge Multifamily transactions) - NYC

This role will sit 5 days in NYC (eventually possibly pulling back to 4 days in NYC over time)

Qualifications:

  • Bachelor's degree required
  • Ideally seeking 5+ years of working knowledge of commercial real estate debt transactions/multifamily underwriting
  • Extensive prior underwriting experience pertaining to large/big-ticket/complex transitional multifamily transactions will be key (bridge, structured, mezzanine, preferred equity, etc).
  • Excellent work ethic, attention to detail, and organizational skills; ability to handle multiple transactions and multi-task in a fast-paced environment
  • Strong analytical and quantitative skills. Expertise in financial modeling and risk analysis
  • Effective communication skills needed to succinctly present deal dynamics
  • Ability to successfully handle interactions with a variety of people in differing roles (deal sponsors, origination staff, top-level executives, existing and potential investors, etc.)

Responsibilities:

  • Develop and structure financing proposals for presentation internally to the Fund’s Credit committee, and externally to potential debt and equity partners
  • Work alongside portfolio managers and other team members collaborating CRE debt transactional process
  • Collect and analyze transaction due diligence and assist in the underwriting of pipeline transactions, identifying and communicating deal strengths and risks/mitigants
  • Produce short and long-form Investment Memoranda and financial models for active presentations at Investment Committee meetings
  • Support the Fund’s existing investment asset management functions by analyzing performance, credit and market conditions across the seasoned loan portfolio
  • Collaborate with origination, underwriting, and senior management (CEO, CFO, COO) internally
  • Interact and communicate with borrowers to address sensitive and non-routine matters in addition to risk related items
  • Assist in business development and fund marketing, with significant external exposure to existing investors, prospective equity partners and clients
  • Review, mentor, and guide the supporting analysts

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