CRE Credit Analyst

Job Description
The Analyst will gain experience across a broad set of transaction types (loan acquisitions, direct financing originations) and asset classes working for the CRE Credit desk. Waterfall's CRE Credit Desk is a high yield commercial real estate debt strategy with investing profile ranging from loan acquisitions, bridge and acquisition lending, and direct debt originations (senior, mezzanine, and preferred equity investments). The Desk manages their investments directly, working alongside Borrowers, Servicers, and other third parties.
The Analyst will gain experience in the following areas: direct conversations with Brokers and Borrowers, underwriting, presenting opportunities directly to senior management at Waterfall, working directly with lawyers, servicers, and Borrowers in asset management functions, and dialoguing directly with financing counterparties. Ideal candidates have strong proficiency in excel, abilities to multi-task and work independently, as well as entrepreneurial mindset with strong attention to detail and desire to work in a fast-paced environment.

Specific job responsibilities include:
• Supporting team members in evaluating potential investment opportunities across various property types and markets
• Managing credit underwriting and financial analysis of investment opportunities
• Creating and maintaining financial models and sensitivity analyses
• Assisting with creating screening memos and final memos which will be presented before Investment Committee
• Collaborating with other teams including: CMBS & Real Estate Teams, Contract Finance, Trade Management, Valuations, etc., and externally with borrowers and third-party service providers before, during, and after closing
• Maintaining the CRE Debt Team's internal transaction pipeline
• Assisting with the asset management process and other assignments as they arise (pricing, valuations, etc.)

Qualifications and Education Requirements
• Bachelor's Degree
• One to Three years' experience in commercial real estate (debt and/or equity)
• Strong communication / writing skills
• Experience with CRE Research and tools: Argus, CoStar, Real Capital Analytics, etc.