Assistant Vice President, CML Underwriting

Who We Are

At Corebridge Financial, we believe action is everything. That's why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

Who You'll Work With

You will be working on the underwriting team, which is part of the Commercial Mortgage Group.

About The Role

You will report to the Head of Underwriting. The team works on all types of property types and originates loans that are performing, transitional, bridge and construction.

Responsibilities

Understands multiple types of transactions including whole loans, syndicated loans, and CMBS, with deals sizes that vary significantly from $30 million to $500 million.

Able to work on complicated transactions independently and with a team.

Able to Asset Manage Commercial Real Estate loans

Portfolio Management experience in Commercial Real Estate

Uses leadership skills to work with underwriters, originators, closers and legal to complete a transaction

Work with key stakeholders in different departments including Investment Credit and Enterprise Risk Management

Understanding of macro-economic trends and real estate investment fundamentals

Expertise with third party reports including: appraisals, engineering reports as well as understand environmental assessments, zoning letters, credit reports, background checks, credit references, and legal documents.

Experience in multiple markets, research, lending market trends, and real estate market movements.

Present and explain a deal to others in credit committee using a written memo and verbal communication

Evaluate deals, develop underwriting assumptions, and review property-level documents.

Communicate with brokers, agents, and principals to complete strategic research projects and analysis to validate underwriting assumptions

Perform site inspections and summarize findings in writing for loans and syndications

Research comparable properties to determine competitive amenities, rents and sales prices using CoStar, Reis, and Bloomberg

Perform advanced valuation and work with other team members using cash flow analysis with Argus and excel

Skills & Qualifications

BA/BS required and an advanced degree a plus.

Robust analytical skills are necessary.


4-7 years of related commercial real estate experience.

Strong organizational, leadership, communication, and quantitative skills.


Expertise in market research, financial statement analysis, and strong written and verbal communication skills.


Compensation

The anticipated base salary range for this position is $140,000 to $160, 000 at the commencement of employment. Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate's geographic location, skills, experience and other qualifications.

In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.

Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

Work Location

This position is based in Corebridge Financials' New York office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.

Estimated Travel

May include up to 25%

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to View email address on click.appcast.io. Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.

We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit:

Functional Area:

IN - Investment

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

Corebridge Institutional Investments (U.S.), LLC