Qualifications
•Bachelor’s degree in Business Administration, Finance/Economics or Real Estate related discipline
•4+ years’ experience in credit risk or relevant experience, preferably gained at a major institution or rating agency, covering both Investment Grade and Leveraged and/or Sub-Investment Grade clients
•2+ years’ experience across core Commercial Real Estate sub-classes (e.g. office, retail, multifamily, lodging and industrial) including knowledge Commercial Real Estate underwriting, valuation, etc
•2+ years of CMBS and/or Middle Market Commercial Real Estate underwriting experience
•Knowledge of key rating agency approaches and criteria
•Understanding of corporate finance and banking products, related markets, documentation and precedents
•Strong analytical skills with attention to detail
Responsibilities
•As a Barclays Commercial Real Estate Lending Assistant Vice President you will be responsible for the analysis, approval and monitoring of commercial real estate transactions
•You will analyse and recommend approval, declination or new loan terms for proposed facilities and commercial real estate transactions involving stabilized and transitional properties
•Managing credit risk (evaluation of risk/exposure management) of credits for commercial real estate transactions
•Using delegated discretion to approve the granting of credit approval in accordance with Bank policy
•Ensuring continued growth of the business without incurring unmanageable risks
•Engaging in and making recommendations of proposals received from business development/product areas
•Staying current with financial analysis and risk profile of the assigned sector, borrowers, and counterparties
•Alerting senior management to negative developments and trends within the assigned sectors and clients
•Maintaining data integrity of appropriate Credit Risk systems (e.g GCIS) and ensure they reflect the approved sanction
•Developing industry knowledge through research, contacts, and participation in seminars
Full description
Commercial Real Estate Lending Assistant Vice President New York As a Barclays Commercial Real Estate Lending Assistant Vice President you will be responsible for the analysis, approval and monitoring of commercial real estate transactions.
You will analyse and recommend approval, declination or new loan terms for proposed facilities and commercial real estate transactions involving stabilized and transitional properties.
Barclays is one of the world’s largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We’ve helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity. What will you be doing?
• Managing credit risk (evaluation of risk/exposure management) of credits for commercial real estate transactions
• Using delegated discretion to approve the granting of credit approval in accordance with Bank policy
• Ensuring continued growth of the business without incurring unmanageable risks
• Engaging in and making recommendations of proposals received from business development/product areas
• Staying current with financial analysis and risk profile of the assigned sector, borrowers, and counterparties
• Alerting senior management to negative developments and trends within the assigned sectors and clients
• Maintaining data integrity of appropriate Credit Risk systems (e.g. GCIS) and ensure they reflect the approved sanction
• Developing industry knowledge through research, contacts, and participation in seminars What we’re looking for:
• Bachelor’s degree in Business Administration, Finance/Economics or Real Estate related discipline
• 4+ years’ experience in credit risk or relevant experience, preferably gained at a major institution or rating agency, covering both Investment Grade and Leveraged and/or Sub-Investment Grade clients
• 2+ years’ experience across core Commercial Real Estate sub-classes (e.g. office, retail, multifamily, lodging and industrial) including knowledge Commercial Real Estate underwriting, valuation, etc.
• 2+ years of CMBS and/or Middle Market Commercial Real Estate underwriting experience Skills that will help you in the role:
• Formal Credit training from a major institution preferred
• Knowledge of key rating agency approaches and criteria
• Understanding of corporate finance and banking products, related markets, documentation and precedents
• Strong analytical skills with attention to detail Where will you be working? You will be working at our Americas Headquarters at 745 Seventh Avenue. This 37-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.