What are the responsibilities and job description for the Commercial Real Estate Analyst position at Slatt Capital?
Job Summary
The Analyst position will have the opportunity to be involved in every stage of the finance process, including underwriting, market research, property inspections, loan sizing, term sheet negotiation, and closing. This position requires working in a high-energy, team-focused environment with the potential to transition into a mortgage banking role within 12-24 months.
Slatt Capital is a long-standing, privately held, and respected institution with more than 54 years of experience in commercial mortgage banking. It has a diverse correspondent network, including several of the country's most prestigious lenders, providing tailored solutions for borrowers' needs.
Description:
- Prepare loan sizers for financing assignments, including research, financial modeling, borrower credit review, and loan briefs for lender review. Conduct property inspections as needed.
- Assist Mortgage Bankers in shopping loan opportunities with lenders.
- Manage the due diligence process with internal and external parties, working through each transaction's marketing and closing process—timely and professional interaction with team members, borrowers, lenders, and third-party service providers.
- Review real estate documents (leases, loan documents, third-party reports) to understand lender security and analyze risk.
- Participate in weekly meetings with Closing and Production professionals to discuss deal flow, deadlines, lenders, and new clients.
- Help maintain the Salesforce database for managing lenders, loan quotes, and deals.
- Begin to build relationships within the industry through meetings, events, and involvement in real estate organizations.
Requirements:
- 2-3 Years of prior Analyst experience in underwriting and closing commercial real estate loans
- Bachelor's degree in real estate, Accounting, Economics, or another similar major.
- Strong Excel skills required
- Excellent oral and written communication skills.
- Ability to work independently and collaboratively.
- Strong organizational skills with great attention to detail.
Salary & Employment:
- Salary – $60k base salary plus generous deal bonus incentive paid at loan closing.
- Typical Annual Comp Range - $90k-$115k
- Full-time in office five days a week; Some Traveling Involved.
Salary : $60,000 - $115,000