What are the responsibilities and job description for the Analyst / Sr Analyst - Direct Lending position at Rialto Capital?
Summary
The Structured Credit Analyst / Sr Analyst will work closely with asset managers, company leadership and professional service firms in the day-to-day management and advancement of Floating Rating and Mezzanine loans in Rialto’s portfolio. This individual will have a blend of commercial asset valuation and legal contract experience and provide exceptional due diligence capabilities for new portfolio acquisitions. Strong analytic capabilities and leadership skills are key desired attributes.
Key Responsibilities
The Structured Credit Analyst / Sr Analyst will work closely with asset managers, company leadership and professional service firms in the day-to-day management and advancement of Floating Rating and Mezzanine loans in Rialto’s portfolio. This individual will have a blend of commercial asset valuation and legal contract experience and provide exceptional due diligence capabilities for new portfolio acquisitions. Strong analytic capabilities and leadership skills are key desired attributes.
Key Responsibilities
- Analyze property operating performance through review of operating statements, rent rolls and leases
- Evaluate and abstract loan documents
- Communicate effectively with internal and external parties including borrowers, legal counsel, property managers, other lenders, servicers, and other Rialto departments
- Negotiate complex transactions
- Perform research on various real estate markets throughout the U.S. and communicate with brokers in these markets
- Comprehensive analysis and understanding of loan collateral dynamics, value determination, and resolution alternatives
- Strong organizational skills with the ability to manage multiple priorities
- Prepare valuation and cash flow analysis on projected loan resolutions based on Borrower proposals including DCF / IRR / NPV scenarios for various strategies
- Underwrite potential new investment opportunities in CMBS, equity recapitalizations, asset/portfolio acquisitions, and mezzanine/preferred equity
- Prepare weekly, monthly, and quarterly reports for the executive team and outside parties.
- Underwrite performing loan requests for reserve disbursements, lease approvals, loan extensions and other requests as needed and ensure all requests are handled in compliance with the terms of the related Loan Documents
- Bachelor’s Degree required in Accounting, Finance, Business or Related Field preferred
- 1-2 years of prior Real Estate experience (minimum of 2 years), including underwriting and due diligence
- Proficiency with Microsoft Office
- Strong work ethic and attention to detail
- Ability to manage time effectively while handling a variety of projects
- Prior credit/real estate underwriting experience
- Broad commercial real estate experience in multiple property types is a plus
- The ideal candidate would have a strong understanding of loan documents or demonstrate the aptitude to quickly become familiar with loan documents
- Strong written and verbal communication skills