Commercial Real Estate Risk Officer - Assistant Vice President

Job Description:

Job Title Commercial Real Estate Risk Officer

Corporate Title Assistant Vice President

Location New York, NY

Overview

The Commercial Real Estate (CRE) credit team is tasked with managing the real estate credit risk for Deutsche Bank’s Commercial Real Estate Group. In particular, you will be responsible for handling approvals for all real estate related transactions, retained on balance sheet. Additional tasks include setting and monitoring counterparty credit limits, negotiating term sheets, reviewing due diligence and underwriting and interfacing with senior management and business personnel. You will be expected to analyze and recommend approvals/declines, or new loan terms for proposed commercial real estate transactions involving stabilized, transitional, ground-up construction, conversions and acquisition/rehabilitation properties, You will act as the primary intermediary between the Business units, department heads and credit committees, assist in structuring transactions to achieve optimal risk/return outcomes, and monitor portfolio and financial/market developments within commercial real estate and related sectors. Experience leading/managing internal and external audit coordination required.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You’ll Do

• Analyze/Assess and recommend credit approval/declines, or suggest new loan terms for proposed commercial real estate transactions slated for securitization, warehouse lending, or the balance sheet portfolio involving stabilized and transitional properties;

• Act as the primary intermediary between the Business units, department heads and credit committees; Assist in structuring transactions to achieve optimal risk/return outcomes; Perform property level due diligence including cash flow analysis, site inspections, and reviews of legal documents and third-party reports; Review and write recommendations to obtain approval for new loans, annual reviews, loan amendments and collateral updates;

• Monitor portfolio and financial/market developments within commercial real estate and related sectors as needed to enhance response capability and corporate knowledge. Monitor/Manage Risk Retention portfolio, including regular reviews and risk assessment. Analyze/Asses and make recommendations for approval for the balance sheet portfolio, including construction loans and transitional loans

• Interact with internal business unit personnel to prepare credit reports and due diligence documentation that support Deutsche Bank's business strategies while operating within the constraints of Deutsche Bank's risk appetite for commercial real estate in a manner consistent with its policies and procedures;

• Monitor an existing portfolio, sponsor/guarantor financial capacity, Watchlist credits and prepare impairment analyses and memoranda as necessary

• Maintain data integrity for all names / transactions in Information Technology (IT) systems and assist and at times lead Credit Risk Management (CRM) - Commercial Real Estate (CRE's) interactions with internal / external auditors and regulatory authorities and other Deutsche Bank infrastructure teams (Finance, Regulatory, Risk Analytics, etc.)

Skills You’ll Need

• Moderate relevant commercial real estate credit experience

• CMBS / Balance sheet lending experience

• Ability to analyze/review structured loans

• Experience working with internal and external auditors

Skills That Will Help You Excel

• Highly motivated with ability to work independently

• Excellent verbal and written skills

• Ability to multi-task

• Structured lending experience

• Structured lending experience and attention to detail

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $100,000 to $14