Production Associate for Commercial Real Estate Loan Originations

Situs

(Houston, Texas)
Full Time
Job Posting Details
About Situs
Since 1985, Situs has been the premier, global provider of end-to-end commercial real estate and loan advisory services and integrated solutions, offering customized services to leading financial institutions, investors, owners, and developers. We offer a wide array of services, including enterprise and process improvement, capital markets and commercial real estate advisory, primary and special servicing, and creative staffing solutions.
Summary
Our client is seeking a Production Associate to support Commercial Loan Officers in their Dallas and Houston locations. The candidate will be hired into a structured two year training program to develop top-tier candidates into full fledged loan officers or senior managers. As a Production Associate you will work on all aspects of real estate finance from marketing, to deal packaging, financial analysis, deal processing, negotiation and closing. You will be expected to work hard – and have excellent upside potential if you can master the skills.
Responsibilities
* Assist loan officers in screening deals, including spreading project historical or pro forma operating information using Excel models, analyzing project feasibility, and conducting analyses of borrower’s financial condition * Work with loan officers to complete term sheets and applications * Participate in the transaction approval process, including liasing with outside banks/funding sources (CMBS, Agencies and banks)
Ideal Candidate
* 1-5 years experience in commercial finance, real estate finance, consulting, real estate brokerage, or investment banking * A 4-year degree from a leading undergraduate university program, having graduated in the top 20% of their class * Strong quantitative aptitude, communication skills and a desire to work hard are a must

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