BSP Commercial Real Estate Analyst, Originations-836323
Benefit Street Partners ("BSP") is a leading credit-focused alternative asset management firm with approximately $26 billion in assets under management. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. These complementary strategies leverage the proprietary sourcing, analytical, operational and compliance capabilities that encompass BSP’s robust institutional platform.
BSP is a wholly owned subsidiary of Franklin Resources, Inc. that, together with its various subsidiaries, operates as Franklin Templeton. Together we are dedicated to delivering strong results and exceptional service to clients, team members and business partners. For over 65 years, Franklin Templeton’s success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.
Benefit Street Partners Realty Trust (“BSPRT”) is a real estate investment trust ("REIT") and subsidiary of BSP which seeks to acquire, originate and manage a diversified portfolio of commercial real estate debt investments secured by income-producing properties located primarily within the United States. This fast-growing New York-based mortgage REIT primarily investing in commercial real estate 1st mortgages and mezzanine loans seeks to hire an entry-level Analyst for the Originations group located in New York City.
What are the responsibilities?
Responsibilities include but are not limited to:
Preparing detailed financial models for sizing and underwriting fixed and floating rate real estate loans and other real estate debt and equity investments;
Assisting with the loan due diligence process, including financial underwriting, physical and environmental investigations, valuation, and market research, and effectively communicating potential risks or issues as they may arise;
Reviewing and summarizing real estate leases, licenses and other agreements;
Assisting with drafting of investment memoranda and presentations to investment committees for approval;
Maintaining and updating collateral files for BSPCC's lenders, investors, rating agencies and internal asset management and trading departments; and
Performing site investigations on prospective or active investments.
What ideal qualifications, skills and experience would help someone to be successful?
BA/BS degree in Finance, Economics, Real Estate, or related discipline preferred;
1 – 4+ years of experience in the real estate finance industry;
Strong Microsoft Office skills, with a focus on Excel, knowledge of Argus Software a plus;
Exceptional organizational skills and ability to multi-task;
Strong analytical and problem solving skills;
Candidate will have a significant desire to learn and grow within the real estate finance industry;
Exceptional interpersonal skills; and
Self-motivated worker with the ability and flexibility to work in a dynamic, team setting as well as independently.
What makes Franklin Templeton unique?
In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards—the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.
Highlights of our benefits include:
Three weeks paid time off the first year
Medical, dental and vision insurance
401(k) Retirement Plan with 75% company match on your pre-tax and/or Roth contributions, up to the IRS limits
Employee Stock Investment Program
Tuition Assistance Program
Purchase of company funds with no sales charge
Onsite fitness center and recreation center*
- Only applicable at certain locations
We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and supporting our communities. An emphasis on corporate citizenship is embedded in our culture and values, and is an important element of how we achieve success.
We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals. Take some time to, meet some of our people, and see what it means to say, “I AM Franklin Templeton”.
Franklin Templeton is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing employees and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. We invite you to visit us at http://www.franklintempletoncareers.com/ to learn more about our company and our career opportunities.
Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for, or apply for, one of our positions please send an email to accommodations@FranklinTempleton.com. In your email, please include the accommodation you are requesting and the job title and job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only requests for accommodations will receive a response.
United States-New York-New York