About this role
DUTIES
- Originate, structure, and execute commercial lending transactions, with a primary focus on commercial real estate (CRE) and mid-market corporate borrowers.
- Conduct detailed financial analysis and credit underwriting, including evaluation of borrower financials, cash flow projections, and collateral performance.
- Structure loan facilities, including determination of pricing, covenants, security packages, and repayment terms.
- Prepare and present credit memoranda to internal credit committees to support transaction approvals.
- Manage the end-to-end transaction lifecycle, including origination, structuring, underwriting, approval, documentation, closing, and ongoing portfolio monitoring.
- Develop and maintain relationships with borrowers, sponsors, developers, and financial intermediaries to originate and execute transactions.
- Identify and evaluate new lending opportunities across commercial real estate asset classes.
- Monitor portfolio performance and identify opportunities for additional lending or refinancing with existing clients.
- Ensure all transactions comply with internal credit policies and approved terms.
- Collaborate with internal stakeholders, including credit, legal, and analytics teams, to structure and execute transactions.
- Structure loan facilities, including determination of pricing, covenants, security packages, and repayment terms
REQUIREMENTS
Bachelor’s degree or equivalent in Mathematics, Finance or related quantitative field and 5 years’ experience in commercial real estate (CRE) lending or commercial lending, including structured finance. Experience must include:
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Experience leading and independently executing lending transactions with limited supervision.
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Origination and execution of commercial lending or CRE transactions.
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Experience managing multiple concurrent lending transactions in a high-volume environment.
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Contributed to the development and implementation of internal processes to support lending operations and transaction execution.
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Financial modelling and credit analysis for debt transactions, including analysis of financial statements and cash flow projections.
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Preparation and presentation of credit memoranda to internal or external approval committees.
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Structuring loan facilities, including pricing, covenants, and collateral/security arrangements.
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Managing transactions through full lifecycle, including underwriting, approval, documentation, and closing.
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Managing relationships with borrowers, sponsors, and financial intermediaries in a lending or investment context.
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Financial modelling using Microsoft Excel.
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Credit risk assessment and underwriting methodologies for commercial lending transactions.
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Analysis of commercial real estate assets and corporate borrower financial performance
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Telecommuting may be permitted a few days a week. When not telecommuting, must report to OakNorth’s office in NY, NY.
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HOURS: Monday through Friday, 9:00 am to 5:00pm.
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LOCATION: OakNorth Bank, plc., 445 Park Avenue, 8th Fl, New York, NY 10022
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(Telecommuting may be permitted a few days a week. When not telecommuting, must report to OakNorth’s office in NY, NY.)
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SALARY: $200,000 - $300,000 per year