Commercial Real Estate Credit Risk Officer - VP Commercial Real Estate Credit Risk Officer - VP …

Deutsche Bank
in Manhattan, NY, United States
Permanent, Full time
Last application, 18 Feb 20
Negotiable
Deutsche Bank
in Manhattan, NY, United States
Permanent, Full time
Last application, 18 Feb 20
Negotiable
As a Credit Risk officer, you will be working in a team that is tasked with managing the real estate credit risk for Deutsche Bank's Commercial Real Estate Group, Real Estate Investment Banking and Municipal Capital Markets. As a credit risk officer, you will be responsible for handling approvals for all real estate related transactions, whether designated for securitization via CMBS, syndication in the Bank market or retained on balance sheet.

Job Description:

Job Title: Commercial Real Estate Credit Risk Officer
Corporate Title: Vice President
Location: New York, NY

About Us

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany's leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

Overview

As a Credit Risk officer, you will be working in a team that is tasked with managing the real estate credit risk for Deutsche Bank's Commercial Real Estate Group, Real Estate Investment Banking and Municipal Capital Markets. As a credit risk officer, you will be responsible for handling approvals for all real estate related transactions, whether designated for securitization via CMBS, syndication in the Bank market or retained on balance sheet. You will also be tasked with, setting and monitoring counterparty credit limits, negotiating term sheets, reviewing due diligence and underwriting and interfacing with senior management and business personnel.

What We Offer You:

  • We offer competitive health and wellness benefits, empowering you to value life in and out of the office
  • Retirement Savings Plans, Parental Leave, and other family-friendly programs
  • On-site cafeteria, health center, and communal meeting areas
  • Active engagement with the local community through Deutsche Bank's specialized employee groups

Hear from our people and look inside our office: DB@The Muse

Your Role

What You'll Do:

  • Analyze and recommend approval, declination, or new loan terms for proposed commercial real estate transactions involving stabilized, transitional, ground-up construction, conversions and acquisition / rehabilitation properties and act as the primary intermediary between the business units, department heads and credit committees
  • Assist in structuring transactions to achieve optimal risk/return outcomes
  • Monitor portfolio and financial/market developments within commercial real estate and related sectors as needed to enhance response capability and corporate knowledge. Analyze/Asses and make recommendations for approval for the balance sheet portfolio, including construction loans, transitional loans in addition to repo lines to mortgage REITs and other non-bank lenders in the commercial real estate sector
  • Interact with internal business unit personnel to prepare credit reports and due diligence documentation that support DB's business strategies while operating within the constraints of DB's risk appetite for commercial real estate in a manner consistent with its policies and procedures
  • Monitor an existing portfolio and sponsor/guarantor financial capacity and Watchlist credits and prepare impairment analyses and memoranda as necessary
  • Maintain data integrity for all names / transactions in IT systems and assist and at times lead BRM - CRE's interactions with internal / external auditors and regulatory authorities and other DB infrastructure teams (Finance, Regulatory, Risk Analytics, etc.)

Skills You'll Need:

  • Previous experience in balance sheet lending / underwriting debt products for all primary CRE asset classes (office, retail, multifamily, hospitality and industrial)
  • Experience with all facets of CRE due diligence and legal documentation
  • Knowledge of national markets with a focus on the gateway cities
  • Familiarity with loan syndication and placement of senior and mezzanine loans
  • Understanding the essentials of unsecured lending in the REIT sector a plus

Skills That Will Help You Excel:

  • Educational background in financial and risk-return analysis, including modeling and accounting
  • Excellent verbal and written communication skills
  • Assertive, independent professional, as well as a team player
  • Ability to effectively multi-task and work under time pressure
  • A passion to learn and be challenged, not afraid to ask questions

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer. We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Click here to find out more about our diversity and inclusion policy and initiatives. Deutsche Bank is an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

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