PGIM Real Estate – Executive Director, US Debt Originations (Chicago, IL)

Job Classification:

Investment Management - Investments

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! 

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can!

What you will do:

PGIM Real Estate’s Originations team engages in all aspects of the loan origination process. As an Executive Director, Originations, you would be directly responsible for sourcing and originating commercial real estate debt investments for our various investors. The expectation is that this person will assume direct originations responsibilities upon joining. We seek demonstrated experience successfully originating and negotiating commercial real estate loans as evidenced by a strong track record of closed loans over the past several years.

What you can expect:

• Responsible for sourcing (directly and through partnering internally) and originating commercial real estate debt investments across the United States for PGIM’s various investors.

• Responsible for managing all aspects of the loan origination process, including analysis, and underwriting, debt structuring, pricing strategy, presentations to senior management, due diligence review, transaction negotiation and closing.

• Developing relationships with prospective borrowers and intermediaries while maintaining and building enduring relationships with existing clients across PGIM’s platform.

• Responsible for managing and developing a team of analysts and associates.

What you will bring:

• Minimum 10 years of experience in commercial real estate lending, including substantial knowledge of the major Texas Midwest markets.

• A credit mindset and the ability to review, structure and underwrite loans to mitigate risks corresponding to the needs of PGIM’s various capital sources.

• Excellent organizational skills and attention to detail with ability to manage multiple projects simultaneously.

• Outstanding written and oral communication skills.

• Ability to work both independently and as an integral member of a team.

• Management experience.

What will set you apart:

• MBA from a top program strongly preferred.

• Proficiency in MS Office applications (Excel, Word, and PowerPoint) strongly preferred.

*We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.

What we offer you:

• Medical, dental, vision, life insurance and PTO (Paid Time Off)

• Retirement plans:

  • 401(k) plan with generous company match (up to 4%)

  • Company-funded pension plan

• Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.

• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional health, and career development.

• Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.

To find out more about our Total Reward package, visit Work Life Balance | Prudential Careers

About PGIM Real Estate

With $207.9 billion in gross assets under management and administration ($133.8 billion net),1 PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum.

PGIM Real Estate is a business of PGIM, the global a