Senior Analyst, Loan Asset Management

Greystar•Charleston, SC

About The Position

Greystar Real Estate Partners (“Greystar”) is seeking a highly motivated Analyst-level professional in its Credit business (“Greystar Credit”). The investment objective of Greystar Credit is to generate above average risk-adjusted returns by i) originating senior and subordinated multifamily bridge loans and preferred equity investments; and ii) purchasing subordinated CMBS securities collateralized by multifamily loans. Greystar is a global investment manager with $78B of AUM and a managed apartment portfolio of ~1MM units/beds. The ideal candidate will have 1-3 years of real estate experience, ideally with direct experience in credit asset management, investment management, loan origination and/or underwriting. This ambitious and intellectually flexible professional will have broad responsibilities that, in general, can be characterized and evaluated by the ability to ultimately accomplish the following: Support the senior asset manager in monitoring each position’s performance relative to underwriting, budget, and covenants within loan documents Coordination with and/or management of various third parties including servicers, borrowers, lenders, and construction consultants, etc. Manage monthly draw review process for loans and work closely with portfolio management and accounting teams on funding Monitor performance of transitional/value-add operating properties including performing lease analysis, TI/LC and Renovation draw reviews, and loan covenant testing Complete quarterly asset updates for various assets Update and/or help create credit committee presentation memos for loan modifications Contribute to the oversight and mentorship of future junior staff members to support an expanding Asset Management platform Support internal and external meetings with existing and prospective fund investors on credit performance of the portfolio; Following established policies to monitor loan performance, as well as procedures governing post-closing obligations, and ongoing covenant compliance; and, Produce loan performance reporting, including collaboration with colleagues in capital markets on reporting requirements from warehouse providers for levered loans. Greystar is an entrepreneurial, fast paced, and intellectual environment that rewards professionals who can think and operate independently and collaborate well with colleagues at all levels of the organization. The successful candidate must be able to demonstrate the following: Superior presentation and communication skills, both verbal and written; Outstanding initiative and ability to demonstrate sound judgement and comportment; Attention to detail with the ability to handle multiple tasks simultaneously; Strong quantitative, analytical and creative thinking skills; and, Bachelor’s degree in a business-related field, preferably in a discipline related to finance or real estate.

Requirements

Superior presentation and communication skills, both verbal and written
Outstanding initiative and ability to demonstrate sound judgement and comportment
Attention to detail with the ability to handle multiple tasks simultaneously
Strong quantitative, analytical and creative thinking skills
Bachelor’s degree in a business-related field, preferably in a discipline related to finance or real estate

Responsibilities

Support the senior asset manager in monitoring each position’s performance relative to underwriting, budget, and covenants within loan documents
Coordination with and/or management of various third parties including servicers, borrowers, lenders, and construction consultants, etc.
Manage monthly draw review process for loans and work closely with portfolio management and accounting teams on funding
Monitor performance of transitional/value-add operating properties including performing lease analysis, TI/LC and Renovation draw reviews, and loan covenant testing
Complete quarterly asset updates for various assets
Update and/or help create credit committee presentation memos for loan modifications
Contribute to the oversight and mentorship of future junior staff members to support an expanding Asset Management platform
Support internal and external meetings with existing and prospective fund investors on credit performance of the portfolio
Following established policies to monitor loan performance, as well as procedures governing post-closing obligations, and ongoing covenant compliance
Produce loan performance reporting, including collaboration with colleagues in capital markets on reporting requirements from warehouse providers for levered loans

Benefits

Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service!
Additional vacation accrued with tenure.
For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
401(k) with Company Match up to 6% of pay after 6 months of service.
Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
Employee Assistance Program.
Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
Charitable giving program and benefits.