BostonRecruiter Since 2001
the smart solution for Boston jobs

CRE Loan Officer, VP

Company: State Street.
Location: Boston
Posted on: August 3, 2020

Job Description:

Who we are looking for Global Credit Finance (GCF) is the lending division of State Street. The division's mandate is to attract, support and retain bank clients through the use of our balance sheet and strong rating, and to add income and diversification to State Street's portfolio of on and off balance sheet investments. GCF is comprised of five product groups including Fund Finance, Leveraged Loans, Commercial Real Estate Lending, Stable Value Wrap, and Municipal Finance. The Commercial Real Estate Lending team provides term loans secured by first lien mortgages on commercial real estate properties to mostly institutional clients. The candidate will join the Commercial Real Estate lending team within State Street's Global Credit Finance division to grow and manage a portfolio of commercial real estate mortgage loans. The team is responsible for sourcing, underwriting and closing real estate loans secured by office, retail, multi-family, industrial, and hospitality properties. Why this role is important to us The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for. What you will be responsible for As CRE Loan Officer, VP you will

  • Performing credit and risk assessment of borrowers' financial and business background
  • Performing credit and risk assessment of the real estate collateral including property economics and market analysis
  • Evaluating loan opportunities by its structure, legal documentation and pricing in accordance with our credit risk appetite
  • Preparing financial projections and underwriting memoranda for credit approval
  • Participating in the closing of all approved loans
  • Performing annual credit review and monitoring loans for problems, and recommend workout and recovery solutions for non-performing or defaulted loans
  • Coordinating workflow with other departments and stakeholders within State Street Education & Preferred Qualifications
    • Bachelor's degree and Master's degree in business, finance, accounting or related field
    • Minimum of 10 years experience as a commercial real estate loan officer, preferably at a life insurance company, with specific experience in commercial real estate lending
    • Completion of a credit analyst training program from a major institution preferred
    • Previous experience working with credit risk analysis and commercial real estate loan underwriting
    • Ability to interpret policies and procedures
    • Have good understanding of commercial real estate legal framework, and loan agreement and other supporting legal documents
    • Experience with Excel and/or Argus valuation software
    • Strong interpersonal skills
    • Strong verbal and written communication and presentation skills
    • Capacity to work independently and motivation to achieve goals with minimal supervision
    • Ability to participate productively as part of a team About State Street What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients. Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential. Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer. For further information, and to apply, please visit our website via the "Apply" button below.

Keywords: State Street., Boston , CRE Loan Officer, VP, Executive , Boston, Massachusetts

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Executive Jobs


Associate Director - Compliance
Description: We're looking for a candidate to fill this position in an exciting company. The Associate Director of Financial Aid will be responsible with aid from the Director for managing the day-to-day operations (more...)
Company: Wentworth Institute of Technology
Location: Boston
Posted on: 08/14/2020

Director, Sales Executive - Pharma & Life Sciences
Description: About ConduentConduent delivers mission-critical services and solutions on behalf of businesses and governments - creating exceptional outcomes for its clients and the millions of people who count on (more...)
Company: Conduent
Location: Boston
Posted on: 08/14/2020

Pro Services Manager
Description: br br Its great being part of a culture where entrepreneurship and teamwork are not just buzzwords. If you love working with passionate people and desire the opportunity to grow, Floor Decor is (more...)
Company: Floor and Decor
Location: Avon
Posted on: 08/14/2020


Manager, CastleGate Key Account Management Team
Description: Manager, CastleGate Key Account Management TeamWayfair is looking for a talented professional to identify operational improvement opportunities and prescribe solutions for suppliers participating in the (more...)
Company: Wayfair
Location: Boston
Posted on: 08/14/2020

Mind and Memory Care Director
Description: Job Description Benchmark Senior Living on Clapbaordtree is seeking an experienced and caring Mind and Memory Care Director to join their team. Think senior living sounds boring --Think again.--At Benchmark, (more...)
Company: Benchmark Senior Living
Location: Norwood
Posted on: 08/14/2020

Product Manager - Dell Cloud Services
Description: Product Manager --- Dell Cloud Services Showcasing excellence and innovation at every stage, Product Management is responsible for the cross-functional management of products or solutions through their (more...)
Company: DELL
Location: Avon
Posted on: 08/14/2020

Client Success Manager
Description: About The Opportunity Were looking for a Client Success Manager CSM with a passion for learning, a kind heart, a positive attitude and a great sense of humor to join our growing team. The CSM will be (more...)
Company: ClearGov Inc
Location: Maynard
Posted on: 08/14/2020

Product Manager - Dell Cloud Services
Description: Product Manager --- Dell Cloud Services Showcasing excellence and innovation at every stage, Product Management is responsible for the cross-functional management of products or solutions through their (more...)
Company: DELL
Location: Norwood
Posted on: 08/14/2020

Associate Director, Outbound Management
Description: About the Role: br br Delivery speed to customers drives e-commerce. Delivery speed has consistently been shown to drive fundamental e-commerce metrics like add to cart, page views, and conversion. (more...)
Company: Wayfair
Location: Boston
Posted on: 08/14/2020

Product Manager - Dell Cloud Services
Description: Product Manager - Dell Cloud Services Showcasing excellence and innovation at every stage, Product Management is responsible for the cross-functional management of products or solutions through their (more...)
Company: DELL
Location: Woburn
Posted on: 08/14/2020

Log In or Create An Account

Get the latest Massachusetts jobs by following @recnetMA on Twitter!

Boston RSS job feeds