Job Description:
Job Title Commercial Real Estate Risk Officer
Corporate Title Vice President
Location New York
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 CRM - 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
Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs
Skills That Will Help You Excel
Highly motivated VP with ability…