Real Estate Debt Underwriting Associate

Description

Employer : DWS Group

Title : Real Estate Debt Underwriting Associate

Location : New York

Job Code : #LI-LV2 #LI-02

About DWS :

Today, markets face a whole new set of pressures but also a whole lot of opportunity too. Opportunity to innovate differently.

Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing.

You can support our clients, local communities, and the environment.

We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear;

our people always work together to capture the opportunities of tomorrow. That’s why we are Investors for a new now’.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future.

And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders.

This is your chance to achieve your goals and lead an extraordinary career.

This is your chance to invest in your future.

Read more about DWS and who we are

Team / division overview

The Real Estate division of DWS is a full-service Real Estate manager with approximately EUR 60 billion AUM globally. DWS Real Estate acquires and manages investments in individual assets or Real Estate portfolios on behalf of funds and separate accounts.

The US Real Estate franchise is responsible for the origination, acquisition, asset management and disposition of Real Estate assets across the US for both Debt and Equity strategies.

The team works on diverse tasks across various Real Estate asset classes such as office, industrial, retail, logistics, hotels and residential schemes.

Role Details

As an Underwriting Associate for Real Estate Debt, you will be responsible for :

Providing support across all stages of a transaction, including, but not limited to underwriting, market research, property tours, term sheet drafting and negotiations, investment committee memorandums, closings, and client meetings and events

Supporting origination, financial modelling / underwriting, term sheets, due diligence, loan document review, and closings across all property types and geographies

Performing in depth market research, comparable sale reviews, lease analyses and sponsor diligence

Preparing comprehensive investment committee memos and presentations, outlining investment rationale, deal returns, and key execution risks

Attending debt platform investment committee meetings and present findings to committee members

Supporting asset management through review of borrower quarterly reporting and loan covenant compliance.

We are looking for :

Proven experience of fundamentals relating to Real Estate Credit from either an Investment Bank, Private Equity firm or other relevant institution

Strong quantitative, financial analysis and modelling skills including Excel and Argus

Exceptional time management and prioritization are necessary to succeed in a fast-paced environment where you will be required to manage multiple projects with significant responsibilities

Excellent communication and interpersonal skills at all levels are keys to success

Must be able to work well in groups but also take ownership of tasks

Attention to detail as well as a strong desire to grow and succeed

Excellent written and verbal communication skills

Strong sense of integrity and ethics. Demonstrates strong intellectual curiosity; always seeking new approaches and challenging the organization to new levels of success

Educated to degree level in a Finance related discipline from an accredited college or university (or equivalent) or an acceptable level of industry experience

What we’ll offer you :

At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves sand it’s important to us that you enjoy coming to work - feeling healthy, happy and rewarded.

At DWS, you’ll have access to a range of benefits which you can choose from to create a personalised plan unique to your lifestyle.

Whether you’re interested in healthcare, company perks, or are thinking about your retirement plan, there’s something for everyone.

The salary range for this position in New York City is $93,000 - $179,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education and other qualifications.

Posted salary ranges do not include incentive compensation or any other type of remuneration.

Some of our core benefits :

Competitive Salary and Matched 401K Savings Plan

Generous Paid Time Away plus Bank Holidays

Physical and Mental Health Well-Being benefits including (but not limited to) Health & Life Insurance Plans and the support of trained Mental Health First Aiders

Family friendly benefits including generous parental leave packages (supporting all variations of family set-ups), to healthcare plans and travel insurance

The opportunity to support our CSR strategy which is focused on combatting climate change & achieving greater social justice.

You can make donations to our partnered organisations or take part in corporate volunteering opportunities in your local communities by providing on hand support.

DWS’ Hybrid Working model is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home.

Each business group varies on the split between time spent in the office and at home, but this will be discussed and made clear as part of your application and interview process.

We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.

If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need.

Examples of adjustments include providing a change to the format of the interview, or providing assistance when at the DWS office.

This will not affect your application and your recruitment team will discuss options with you.

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Our values define the working environment we strive to create diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation.

We build talented and diverse teams to drive business results and encourage our people to develop to their full potential.

Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance.