Job Description Summary

Under general supervision, and with a high level of autonomy, uses knowledge and skills obtained through education, training and / or prior experience to assist with both the underwriting of new Real Estate Investment Trust (“REIT”) and Commercial Real Estate (“CRE”) transactions, as well as monitoring an active portfolio of existing REIT & CRE loans.

Specifically, the position will be located at Raymond James Bank’s Home Office in St. Petersburg, FL, where you’ll work alongside a seasoned team of professionals, including Banking Officers and other Credit Associates. This position combines corporate-style REIT analysis and hands-on underwriting of secured CRE loans, providing exposure to large syndicated financings and direct sponsor relationships.

We are looking for individuals who are passionate about modeling corporate and property-level cash flows and assessing risk across a range of institutional commercial real estate asset types - retail, industrial, multifamily, hospitality, senior housing, student housing, data centers, and self-storage assets, and more!

Above all we value individuals who are enthusiastic, hardworking, eager to learn / help others learn - and can strive in a team-oriented environment.

Essential Duties and Responsibilities:

• Assists with the development, structure, negotiation and closing of REIT & CRE transactions which are secured by high quality assets throughout the United States.
• Oversees a dedicated portfolio of assigned REIT & CRE loans, monitoring loan grading and credit quality on regular basis.
• Researches and analyzes financial statements, interprets findings, and prepares various reports for senior management and credit.
• Prepares detailed REIT and / or project level Cash Flow projections utilizing Excel and third-party modeling software (i.e., Argus).
• Performs demand analysis and market research as is related to new loan transaction opportunities, utilizing third party diligence tools, etc.
• Prepares and delivers written and oral presentations relating to REIT & CRE transactions.
• Maintains documentation files and monitors compliance with terms of loans and accounts.
• Prepares report evaluations ensuring compliance with organizational policies and applicable State, Federal, agency and investor guidelines.
• Coaches and mentors oncoming associates within the department.
• Joins in deal discussions as is related to potential syndicated loan and direct loan opportunities.

Knowledge of:

• Advanced concepts, practices and procedures of REIT and CRE credit analysis.
• Finance and/or accounting principles, practices and procedures.
• Federal and State laws.

Skill in:

• Preparing complex financial position and credit reports.
• Reading, interpreting, analyzing and applying information from credit reports, P&L / BS statements, rent rolls, appraisals, construction.
• Researching, interpreting and analyzing complex financial statements.
• Structuring, negotiating, underwriting and closing loan transactions.
• Generating Cash Flow projections.
• Maintaining documentation files.
• Monitoring compliance on loans and accounts.
• Ensuring compliance with organizational policies and applicable State, Federal, agency and investor guidelines.
• Preparing and delivering oral and written presentations.
• Performing market and transaction due diligence.
• Operating standard office equipment and using required software applications.
• Excel modeling and computation.

Ability to:

• Maintain currency in credit analysis policies, procedures and methodologies.
• Manage multiple tasks with changing priorities to meet deadlines in a fast paced environment with frequent interruptions.
• Lead the work of others.
• Provide coaching, mentoring and technical training to others.
• Partner with others to accomplish objectives.
• Manage relationships with clients.
• Attend to detail while maintaining a big picture orientation.
• Interpret and apply policies.
• Lead others in providing a high level of customer service.
• Establish and maintain effective working relationships with others.
• Provide support on calls with syndication partners.
• Solve complex problems.

***ACAMS NOT REQUIRED***

Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Finance

General Experience - 4 to 6 months

Certified Anti-Money Laundering Specialist (ACAMS) - Association of Certified Anti-Money Laundering Specialists (ACAMS)

Travel

Less than 25%

Workstyle

Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.  Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

 

 

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. 
We expect our associates at all levels to:
•  Grow professionally and inspire others to do the same
•  Work with and through others to achieve desired outcomes
•  Make prompt, pragmatic choices and act with the client in mind
•  Take ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.  When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. 

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