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CRE Large Loan Associate

External
$140K–$170K/yrFull-timeHybridToday
DocumentationExcelFinancial Modeling
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About the role

We are looking for an Associate to join the Deutsche Bank CRE Underwriting team to support the DB CRE platform in screening, sizing, structuring, underwriting and documentation of potential CMBS Conduit and SASB CRE loan opportunities for diverse asset classes across the U.S. Candidates will be exposed to the full breadth of conduit loan originations, pricing, capital markets and other activities in commercial real estate lending and securitization. What We Offer You A diverse and inclusive environment that embraces change, innovation, and collaboration A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days Employee Resource Groups support an inclusive workplace for everyone and promote community engagement Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits Educational resources, matching gift, and volunteer programs

Responsibilities

  • Provide analytical and underwriting support for the screening, sizing, structuring, underwriting, and closing of CMBS conduit and SASB commercial real estate loans
  • Partner closely with senior underwriters and originators to prepare comprehensive credit committee memoranda, including cash flow analysis, collateral and sponsor overview, risk assessment, and market evaluation
  • Perform property site inspections and develop market and property-level assumptions, including rent, expense, cap rate, and valuation benchmarks
  • Review and interpret third-party due diligence reports (appraisals, engineering, environmental, market studies) property leases, rent rolls, and historical and projected financial statements
  • Support loan documentation and closing efforts by coordinating diligence items, responding to counsel and internal requests, and ensuring underwriting consistency through closing
  • Assist with preparation of securitization materials, including Asset Summary Reports and date tapes, respond to investor, rating agency, and capital market inquires, and maintain underwriting discipline consistent with CMBS conduit standards and internal risk guidelines
  • Skills You'll Need
  • Bachelor's degree from an accredited institution and proven experience in CMBS loan underwriting or similar role
  • Familiarity with Rating Agency CMBS criteria and underwriting methodology
  • Advanced proficiency in Excel, Word, PowerPoint, and Argus, with prior Excel financial modeling experience required
  • Excellent communication skills and willingness to work as part of a larger team
  • Highly developed organizational and project/time-management skills, with strong attention to detail
  • Demonstrated ability to work effectively with team members in diverse groups and regions, with solid work ethic and motivational level
  • Expectations
  • It is the Bank's expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank's hybrid working model.
  • Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
  • Deutsche Bank Benefits
  • Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
  • The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice, please email HR.Direct@DB.com .
  • We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
  • Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
  • We welcome applications from all people and promote a positive, fair and inclusive work environment.
  • Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected

Benefits

Health insurancePaid time offParental leave

Additional Information

Job Description: Job Title CRE US Associate Corporate Title Associate Location New York, NY


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