Investment Analyst, Real Estate
About the position
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 asset management team is responsible for managing and monitoring a multi-billion-dollar loan portfolio secured by real estate properties located across the United States. To be successful in the role, excellent analytical, problem-solving, communication, collaboration, and negotiation skills are required. Desired experience includes a commercial real estate background with an emphasis in the interpretation of loan documents, analysis of operating statements, and the ability to prioritize assignments in an effective manner to support both internal and external stakeholders/customers. Nationwide is actively making investments with well-established, institutional managers who have proven track records of delivering target returns through market cycles and have demonstrated expertise in the particular strategies that that they are executing. The Real Estate Deal Analyst - Investment Analyst position is primarily responsible for supporting the analysis and underwriting of Commercial Mortgage loans. The role will assist with the preparation of various market reports, portfolio analysis, financial analysis and modeling, along with investment recommendations for management evaluation and portfolio surveillance and monitoring.
Responsibilities
• Supports Regional Portfolio Manager (ie. Real Estate Portfolio Manager) and senior management to identify, underwrite, structure, and negotiate real estate investments.
• Assist with underwriting real estate deals which includes one or more of the following: site analysis, market analysis, and financial analysis and modeling), borrower, business plan, exit strategy, etc.
• Support the negotiation of real estate deal terms under the direct guidance of senior staff taking into consideration pricing, credit parameters, and structure.
• Assist with preparing investment recommendations.
• Support interactions with internal and outside legal counsel, as well as borrowers to support real estate deal closings. May include reviewing transaction documents and other due diligence items and raising any issues to more senior staff
• Develop working relationship with mortgage correspondents, brokers, and existing and potential borrowers.
• Support Real Estate Portfolio Managers to assess opportunities in various markets and asset classes.
• Assist peers with subsequent updates of loan information in the loan management system and other subsequent database or website related systems.
• Support the preparation of various market reports, portfolio analysis, and statistical data for management evaluation.
• Work with Real Estate Research, Loan Servicing/Asset Management and Real Estate Risk teams.
• Assist in portfolio surveillance, portfolio monitoring and risk mitigation.
• May perform other responsibilities as assigned.
Requirements
• Undergraduate degree in business, finance and/or real estate.
• 0 to 5 years of investment experience.
• Knowledge of real estate principles and practices, such as underwriting/valuation, various debt/equity structures and legal documentation (debt/equity agreements) preferred.
• Must be proficient with spreadsheet software and general computer software applications.
• Solid interpersonal and negotiation skills
• Diligent organizational and record keeping skills
• High attention to detail is required.
• Must be an independent and creative thinker, a self-starter, extremely proactive and demonstrate a high ability to learn on the fly.
Nice-to-haves
• Real Estate experience preferred.
• Advanced skills with Excel and reporting required.
• Graduate degree and/or professional designation preferred but not required
Benefits
• medical/dental/vision
• life insurance
• short and long term disability coverage
• paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
• nine paid holidays
• 8 hours of Lifetime paid time off
• 8 hours of Unity Day paid time off
• 401(k) with company match
• company-paid pension plan
• business casual attire
Apply tot his job
Apply To this Job
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 asset management team is responsible for managing and monitoring a multi-billion-dollar loan portfolio secured by real estate properties located across the United States. To be successful in the role, excellent analytical, problem-solving, communication, collaboration, and negotiation skills are required. Desired experience includes a commercial real estate background with an emphasis in the interpretation of loan documents, analysis of operating statements, and the ability to prioritize assignments in an effective manner to support both internal and external stakeholders/customers. Nationwide is actively making investments with well-established, institutional managers who have proven track records of delivering target returns through market cycles and have demonstrated expertise in the particular strategies that that they are executing. The Real Estate Deal Analyst - Investment Analyst position is primarily responsible for supporting the analysis and underwriting of Commercial Mortgage loans. The role will assist with the preparation of various market reports, portfolio analysis, financial analysis and modeling, along with investment recommendations for management evaluation and portfolio surveillance and monitoring.
Responsibilities
• Supports Regional Portfolio Manager (ie. Real Estate Portfolio Manager) and senior management to identify, underwrite, structure, and negotiate real estate investments.
• Assist with underwriting real estate deals which includes one or more of the following: site analysis, market analysis, and financial analysis and modeling), borrower, business plan, exit strategy, etc.
• Support the negotiation of real estate deal terms under the direct guidance of senior staff taking into consideration pricing, credit parameters, and structure.
• Assist with preparing investment recommendations.
• Support interactions with internal and outside legal counsel, as well as borrowers to support real estate deal closings. May include reviewing transaction documents and other due diligence items and raising any issues to more senior staff
• Develop working relationship with mortgage correspondents, brokers, and existing and potential borrowers.
• Support Real Estate Portfolio Managers to assess opportunities in various markets and asset classes.
• Assist peers with subsequent updates of loan information in the loan management system and other subsequent database or website related systems.
• Support the preparation of various market reports, portfolio analysis, and statistical data for management evaluation.
• Work with Real Estate Research, Loan Servicing/Asset Management and Real Estate Risk teams.
• Assist in portfolio surveillance, portfolio monitoring and risk mitigation.
• May perform other responsibilities as assigned.
Requirements
• Undergraduate degree in business, finance and/or real estate.
• 0 to 5 years of investment experience.
• Knowledge of real estate principles and practices, such as underwriting/valuation, various debt/equity structures and legal documentation (debt/equity agreements) preferred.
• Must be proficient with spreadsheet software and general computer software applications.
• Solid interpersonal and negotiation skills
• Diligent organizational and record keeping skills
• High attention to detail is required.
• Must be an independent and creative thinker, a self-starter, extremely proactive and demonstrate a high ability to learn on the fly.
Nice-to-haves
• Real Estate experience preferred.
• Advanced skills with Excel and reporting required.
• Graduate degree and/or professional designation preferred but not required
Benefits
• medical/dental/vision
• life insurance
• short and long term disability coverage
• paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
• nine paid holidays
• 8 hours of Lifetime paid time off
• 8 hours of Unity Day paid time off
• 401(k) with company match
• company-paid pension plan
• business casual attire
Apply tot his job
Apply To this Job