Commercial Real Estate Risk Officer - Vice President Job at Deutsche Bank, New York, NY

bXBkTFNYZ2FLWUJaZkJLczhQV1RiSVg2SkE9PQ==
  • Deutsche Bank
  • New York, NY

Job Description

Job Title Commercial Real Estate Risk Officer

Corporate Title Vice President

Location New York, NY

Overview

The Commercial Real Estate (CRE) credit team is tasked with managing the real estate credit risk for Deutsche Bank’s Commercial Real Estate Group. In particular, Risk Officer is responsible for handling approvals for all real estate related transactions, retained on balance sheet. Additional tasks include setting and monitoring counterparty credit limits, negotiating term sheets, reviewing due diligence and underwriting and interfacing with senior management and business personnel. You will be expected to analyze and recommend approvals/declines, or new loan terms for proposed commercial real estate transactions involving stabilized, transitional, ground-up construction, conversions and acquisition/rehabilitation properties. Risk Officer will act as the primary intermediary between the Business units, department heads and credit committees, assist in structuring transactions to achieve optimal risk/return outcomes, and monitor portfolio and financial/market developments within commercial real estate and related sectors, Experience leading/managing internal and external audit coordination required.

What We Offer You

  • A diverse and inclusive environment that embraces change, innovation, and collaboration
  • A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
  • Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
  • Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
  • Educational resources, matching gift and volunteer programs

What You’ll Do

  • Analyze and recommend credit approval/declines, or suggest new loan terms for proposed commercial real estate transactions involving stabilized, transitional, ground-up construction, conversions and acquisition / rehabilitation properties
  • Act as the primary intermediary between the Business units, department heads and credit committees
  • Monitor portfolio and financial/market developments within commercial real estate and related sectors as needed to enhance response capability and corporate knowledge. Analyze/Asses and make recommendations for approval for the balance sheet portfolio, including construction loans and transitional loans
  • Interact with internal business unit personnel to prepare credit reports and due diligence documentation that support Deutsche Bank's business strategies while operating within the constraints of Deutsche Bank’s risk appetite for commercial real estate in a manner consistent with its policies and procedures
  • Monitor an existing portfolio, sponsor/guarantor financial capacity, watchlist credits and prepare impairment analyses and memoranda as necessary; assist in structuring transactions to achieve optimal risk/return outcomes
  • Maintain data integrity for all names / transactions in Information Technology (IT) systems and assist and at times lead BRM - CRE's interactions with internal / external auditors and regulatory authorities and other Deutsche Bank infrastructure teams (Finance, Regulatory, Risk Analytics, etc.)

How You’ll Lead

  • Provide guidance and support to junior team members
  • Train new team members on commercial real estate fundamentals; and
  • Interface with auditors by providing succinct analysis and responses to queries, as well as conducting presentations when required

Skills You’ll Need

  • Extensive commercial real estate credit experience
  • Balance sheet lending experience
  • Ability to analyze/review highly structured loans
  • Experience working with internal and external auditors

Skills That Will Help You Excel

  • Highly motivated VP with ability to work independently
  • Excellent verbal and written skills
  • Ability to multi-task
  • Structured lending experience

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York City office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $125,000 to $203,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees:

The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email HR.Direct@DB.com.

#LI-HYBRID

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

Job Tags

Bank staff, Work from home,

Similar Jobs

624 Agency

Email Marketing Strategist Job at 624 Agency

 ...We are looking for a creative and analytical Email Marketing Strategist who is passionate about all things retention marketing, email and SMS. You love digging into the data, are familiar with Klaviyo, Attentive and similar ESPs, but also appreciate the creative side... 

NOVA Engineering and Environmental, LLC

Certified Welding Inspector (Structural Steel) - CWI Job at NOVA Engineering and Environmental, LLC

 ...NOVA is seeking a Certified Welding Inspector (Structural Steel) - CW I based from our Columbia or Greenville office. We are looking for a self-motivated individual with a positive attitude and a strong work ethic. Primary duties include performing structural building... 

New Horizon Foods

Dining Server Job at New Horizon Foods

Dining Server Location: Hillsbrook Village Allenstown, NH What makes this position special? NO LATE NIGHTS! We are seeking a Dining Server to join our team. The ideal candidate will have a positive attitude, excellent customer service skills, and the ability to...

Cherry Bekaert

Financial Planning and Analysis Manager Job at Cherry Bekaert

 ...duties. Support audits - annual external audit through external accounting firm. Support Monthly, Quarterly, and Yearly Budget &...  ...opportunities and helping our clients grow. We offer Direct Hire and Temporary staffing solutions (with best - in-class Consultant Care... 

SCA Health

Associate Director Finance Job at SCA Health

 ...candidates located in Alabama, Tennessee, Texas, North Carolina, Florida, and Georgia due to the market the Associate Director of Finance will support. Reporting to the Sr. Director of Financial Operations with a dotted line to the Director of Operations, the...