Investment Analyst - Commercial Mortgage Loans Asset Management

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This position is specific to the asset management of a $22B commercial mortgage loan portfolio being serviced by third parties (correspondent network), with responsibilities including but not limited to:

• Asset management duties within assigned territory
• Loan servicing requests
• Property valuation analysis
• Property Inspection reviews
• Loan document modification requests
• Portfolio surveillance
• Relationship management with servicing correspondent network 

This is a hybrid role based in the Columbus, OH office.

Compensation Grade: E

Job Description Summary

Nationwide’s vision is to be the most trusted, most caring and most customer-focused protection company. We exist to protect people, businesses and futures with extraordinary care. The Nationwide Investments team manages approximately $130 billion and strives to combine client focus, investment discipline and teamwork to deliver superior results.
The Investment Analyst role will be a key support member of the asset management team responsible for managing and monitoring a multi-billion-dollar loan portfolio secured by real estate properties located across the United States.

Job Description

Key Responsibilities:   

• Works with guidance and oversight from more senior team members.

• Performs analysis, evaluation and recommendation of actions to be taken in response to requests for consent/approval from borrowers in connection with commercial mortgage loans held in the Nationwide general account or managed on behalf of third-party participants.

• Review and interpretation of loan terms and ancillary provisions set forth in loan agreements for such commercial mortgage loans.

• Financial statement analysis for borrower entities and collateral property that secure the commercial mortgage loans, as well as, review of annual property inspections.

• Develop, foster and maintain positive relationships with loan correspondents and other external customers. Communicate pertinent information regarding the status of borrower requests, expected completion timelines, and required approvals (process and procedure transparency).

• Collaborate and partner with the CML Due Diligence, Closing and Legal teams to draft post-closing checklists and language for asset management responsibilities, including gaining working knowledge of negotiated changes to standard loan agreement provisions.

• Responsible for inputs (data integrity) of loan information into Nationwide’s loan management system (LMS) and other downstream database or website-related systems.

Reporting Relationships:  Real Estate Asset Management Senior Investment Professional

Typical Skills and Experiences:   

Education:  Bachelor’s degree in real estate, finance, business, or related field

Experience:  0 to 2 years of related experience.   

Knowledge, Abilities and Skills:   

• Preference will be given to candidates with a working knowledge of real estate fundamentals and the legal interpretation of loan documents.

• Proficiency in Microsoft Office (Excel, PowerPoint, Word) is desired.

• Excellent analytical and problem-solving skills

• Communication, collaboration, and negotiation skills

• Commercial real estate experience with an emphasis in