Vice President - Structured Credit
Vice President - Structured Credit
Rialto Capital
Miami, FL
See who Rialto Capital has hired for this role
Key Responsibilities
This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties.
Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information (including family medical history), or any other legally protected status.
Our company uses E-Verify to confirm the employment eligibility of all newly hired employees.
To learn more about E-Verify, including your rights and responsibilities please visit: e-verify.gov.
- Serve as the asset manager and contact person for internal, borrower, and third-party requests/concerns for assigned loans
- Proactive oversight and timely resolution of a portfolio of specially serviced CLO loans and other distressed debt assets
- Report to senior management updates on assigned loans
- Analyze property operating performance through review of operating statements, rent rolls and leases
- Evaluate and abstract loan documents
- Communicate effectively with internal and external parties including borrowers, legal counsel, property managers, other lenders, servicers, and other Rialto departments
- Negotiate complex transactions
- Perform research on various real estate markets throughout the U.S. and communicate with brokers in these markets
- Comprehensive analysis and understanding of loan collateral dynamics, value determination, and resolution alternatives
- Strong organizational skills with the ability to manage multiple priorities
- Prepare valuation and cash flow analysis on projected loan resolutions based on Borrower proposals including DCF / IRR / NPV scenarios for various strategies
- Underwrite potential new investment opportunities in CMBS, equity recapitalizations, asset/portfolio acquisitions, and mezzanine/preferred equity
- Prepare weekly, monthly, and quarterly reports for the executive team and outside parties.
- Underwrite performing loan requests for reserve disbursements, lease approvals, loan extensions and other requests as needed and ensure all requests are handled in compliance with the terms of the related Loan Documents
- Bachelor’s Degree from an accredited university is required, preferably in a related course of study like Commercial Real Estate or Finance
- Minimum of 5 years’ experience in the workout of non-performing commercial real estate loans or debt asset management
- Advance knowledge of commercial real estate, fixed income, and general financial concepts
- Knowledge of bank, conventional, agency, and/or CLO origination and servicing is recommended
- Ability to underwrite commercial real estate and/or residential acquisition, development, and construction transactions, as well as possess excellent verbal and written communication skills
- High level proficiency working with Microsoft Excel, Word, and PowerPoint, in addition to a basic competency working with Argus and CRE Market Data Providers
- Strong work ethic and attention to detail
- Ability to manage time effectively while handling a variety of projects
- Prior credit/real estate underwriting experience
- The ideal candidate would have a strong understanding of loan documents or demonstrate the aptitude to quickly become familiar with loan documents
- Strong written and verbal communication skills
- Ability to multi-task and collaborate within a team setting
- Must be team-oriented and work well in a collaborative environment
This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties.
Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information (including family medical history), or any other legally protected status.
Our company uses E-Verify to confirm the employment eligibility of all newly hired employees.
To learn more about E-Verify, including your rights and responsibilities please visit: e-verify.gov.
-
Seniority level
Not Applicable -
Employment type
Full-time -
Job function
Finance and Sales -
Industries
Real Estate
Referrals increase your chances of interviewing at Rialto Capital by 2x
See who you knowGet notified about new Vice President of Credit jobs in Miami, FL.
Sign in to create job alertSimilar jobs
People also viewed
-
Chief Financial Officer
Chief Financial Officer
-
Director, Brand Finance
Director, Brand Finance
-
Chief Financial Officer
Chief Financial Officer
-
Director of Corporate Finance
Director of Corporate Finance
-
Chief Financial Officer
Chief Financial Officer
-
Chief Financial Officer - Distribution business
Chief Financial Officer - Distribution business
-
Chief Financial Officer
Chief Financial Officer
-
Director, FP&A
Director, FP&A
-
VP of Financial Planning and Analysis
VP of Financial Planning and Analysis
-
Director of Finance
Director of Finance
Looking for a job?
Visit the Career Advice Hub to see tips on interviewing and resume writing.
View Career Advice Hub