Job Description

Title- Senior Analyst
Job Title: ‘Senior Analyst’ SME (Subject Matter Expert)

•    Agency Pre-screening and ICM: Screening/underwriting of Agency Loans (Fannie Mae), deriving Underwriting Value, using financial spreading, rent roll analysis and creation of Investment Committee Memo. 

•    Non-Agency/Deal Pre-screening and ICM: Screening/underwriting of Non-Agency Loans, deriving Underwriting Value, using financial spreading, rent roll analysis and creation of ICM.

•    Loan Portfolio Stratification and ICM: Stratification of portfolio of loans belonging to various asset classes, assessing their risk exposure using their property level, loan level and performance metrices.

•    Extracting market and asset specific statistics from various data sources (for eg: CoStar or similar platforms) for the pipeline deals which are shortlisted for screening or underwriting.
•    Comparing the key deal metrics which includes Occupancy, Cap Rates, Debt Yield, Cash Flow, NOI etc. of the pipeline deals with existing portfolio.
•    Analyzing property pictures & map for location-based insights, preparing the capital stack (i.e., Equity vs. Debt) and presenting them in an excel and ppt format.
•    Collecting and preparing sales and rent comparable of the target originations with the market data sourced through broker reports or web-based applications.
•    Studying the demographics to understand the unit mixes, interpreting all sources of incomes & expenses through review of cash flows, ascertaining vacancy rates & rental income using rent rolls and using NOI to calculate key liquidity ratios i.e., DSCR, DY etc.
•    Creating investment memorandums with the deal team ahead of investment committee.
•    Conducting due diligence prior to closing of deal as per closing checklist.
•    Data input in pipeline tool (i.e., DealPath, Loan Tapes) as and when required.

Essential Skills & Experience:
•    Must have a good knowledge of US Real Estate Industry and Market in underwriting the CML/CRE loans across all the sectors; along with hand on experience in underwriting the Multifamily agency (Freddie & Fannie) loans.
•    Should be aware of the US taxes for different States and Counties; along with knowledge of various rent/sales comparable to be used in accordance with subject properties.
•    Must be well versed with concepts of Cap Rate/Index rate/ LTC/LTV/Spreads/Cap Stack, Implied vs Cash Equity and various loan specific terminologies. In addition, should know the implications and effect of UW In-place and Mark to Market assumptions using property financials and its demographics through broker provided offering memorandum.
•    Candidate should have the knowledge of US Market and Sub-Market to understand the deal’s demographics and its impact on the subject property.
•    Hand on experience and proficient in preparing the dynamic financial models in MS excel.
•    Master’s degree – Major in Finance or Banking and Capital Markets, CFA designation a plus.
•    Exceptional quantitative aptitude and skill set with a mastery of Microsoft Office applications.
•    Ability to manage multiple priorities in a fast paced, fluid environment.
•    Previous background with real estate lending required with Debt Underwriting’ in real estate preferable.
•    Rigorous analytical mindset with a high level of intellectual curiosity and excellent problem-solving skills. 
•    Acute focus on attention to detail, accuracy, and data validation. 
•    Effective communication skills (listening, verbal, and written).
•    Excellent interpersonal and teamwork skills.
•    Sound judgment and discretion.
•    Strong initiative, energy and confidence completing assignments with limited supervision.