CRE Analyst, Officer

State Street.
Boston, Massachusetts
Not disclosed
02 Oct 2020
30 Oct 2020
Contract type
Full time
Experience level
Qualified accountant

Who we are looking for

The candidate will join the CRE lending team within State Street’s Global Credit Finance division tasked to grow and manage a portfolio of commercial real estate mortgage loans. The candidate will be supporting the team with underwriting and closing real estate loans secured by office, retail, multi-family, industrial, and hospitality properties, along with performing post-closing surveillance tasks.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As the CRE credit analyst, you will:

  • Research commercial real estate markets by geographic regions and property types
  • Support the portfolio manager during the underwriting and approval process
  • Prepare financial statement analysis
  • Review and analyze collateral property in terms its economics, market positioning, leasing, cash flow quality, and valuation
  • Review due diligence information including appraisals, property condition reports, environmental site assessments and seismic risk report
  • Prepare financial projections and underwriting memoranda for new loans
  • Prepare annual performance reviews of existing loans in our portfolio
  • Prepare regular reports and performance updates for the loan portfolio

What we value

These skills will help you succeed in this role

  • Attention to details
  • Positive attitude and a willingness to learn
  • Ability to participate productively as part of a team

Education & Preferred Qualifications

  • Bachelor’s degree in business, finance, accounting or related field
  • Minimum of 2 years of experience as a commercial real estate loan analyst at a bank, or at another financial institution, with specific experience in commercial real estate lending
  • Completion of a credit analyst training program from a major institution preferred
  • Proficiency with Excel. Experience with Argus valuation software is a plus.

About State Street

What we do.

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow.

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility.

We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

For further information, and to apply, please visit our website via the “Apply” button below.

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