Responsibilities
- Relying on past senior management experience, the candidate will influence the investment strategies and drive the execution of investment programs formercial mortgage loans and CMBS in the General Investment Account of MassMutual.
- Work closely with senior-level colleagues in financial reporting, risk management, and operations to ensure that appropriate pre- and post-closing investment practices are being adhered to internally and by Barings and unaffiliated managers.
- Independently manage the relationships with our various real estate credit managers, both our affiliated investment manager Barings and unaffiliated managers.
- Participate in the review and approval ofmercial mortgage loans and CMBS proposed for the MassMutual portfolio by Barings and our othermercial mortgage loan managers.
- Oversee MassMutual’s relationship with Barings’ Portfolio Finance Group as it relates to the review and approval ofmercial mortgage loans proposed as collateral for portfolio lending transactions, servicing matters, and proposed facility modifications.
- Oversight of the work-out of defaulted or under-performing mortgage assets on behalf of MassMutual by our respectivemercial mortgage loan managers.
- Evaluate, understand and provide insight to asset allocation and senior management on theposition and risks of the portfolio ofmercial real estate debt exposures of MassMutual.
- Help recruit, mentor and train our emerging investment leaders and analysts in underwriting, structuring and managingmercial real estate lending programs, including the underwriting of real estate equity and real estate credit funds.
- Assist with the pursuit of sustainability goals or benchmarks for MassMutual’s real estate portfolio.
- Drive the strategic direction of MassMutual’s CML and CMBS portfolio by influencing the policies, procedures and investment guidelines of MassMutual, Barings and our other managers relative to the real estate and real estate credit portfolios in response to changing risks and market conditions.
Minimum Qualifications
- 10+ years ofmercial mortgage loan experience, including :
- At least 5 years as a voting member of a mortgage creditmittee approving transactions originated and underwritten by others
- At least 5 aggregate years ofmercial mortgage loan work-out experience
- Deep understanding of mortgage credit underwriting procedures and standards across the industry and an ability to teach the shorings in these procedures and standards learned through past cycles
- Meaningful experience investing in real estate properties and / or real estate equity funds sufficient to demonstrate a broad understanding of returns across market segments and across historical periods
- Undergraduate degree
- Team-oriented and organized, self-motivated with the proven ability to manage multiple projects with a broad range of stakeholders to deliver results in a dynamic environment.
- Accountable, with a strong sense of ownership and attention to detail.
- High degree of professionalism, integrity, and maturity.
The Ideal Qualifications :
- Significant prior responsibility formercial mortgage credit approval for a major bank or insurancepany.
- Strong analytical and written / verbalmunication skills, including synthesizing research and concepts into actionable insights.
- Strong leadership skills including the ability to grow the next generation of real estate professionals.
- Masters degree or CFA Charter holder
- Intellectually, relentlessly curious self-starter with a strong aptitude for quantitative and qualitative analysis.
- Critical thinking skills, creativity, and out of the box problem solving skills.
LI-IZ1
MassMutual is an Equal Employment Opportunity employer Minority / Female / Sexual Orientation / Gender Identity / Individual with Disability / Protected Veteran.
We wee all persons to apply. Note : Veterans are wee to apply, regardless of their discharge status.
If you need an amodation toplete the application process, please contact us and share the specifics of the assistance you need. Job ID 1420638752
30+ days ago