Posted:
8/26/2024, 5:00:00 PM
Location(s):
Virginia, United States
Experience Level(s):
Senior
Field(s):
Finance & Banking
Job Classification:
Investment Management - InvestmentsA GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.
At PGIM, You Can!
What you will do:
PGIM Real Estate’s Originations team engages in all aspects of the loan origination process. We are looking for a Senior Investment Associate on the Mid-Atlantic/Florida Loan Originations Team to assist the Loan Officer in all aspects of the loan origination process.
The Senior Investment Associate will join a fully integrated mortgage origination team responsible for $1 billion to $1.5 billion of annual production. The successful candidate will be responsible for assisting Loan Officers and Portfolio Managers in sourcing and originating multifamily and commercial real estate debt investments for Prudential's wide variety of capital sources including general account, separate accounts, core plus debt fund, structured debt strategies, Fannie Mae, Freddie Mac, and FHA. The expectation is that this role will also become responsible for direct origination responsibilities.
What you can expect:
Assist the Loan Officer in all aspects of the loan origination process, including analysis and underwriting, debt structuring, pricing strategy, creating presentations to senior management for pricing and loan authorization, due diligence review, transaction negotiation and closing.
Maintain responsibility for assisting the team’s analysts with closing and due diligence review.
Manage training and maintain oversight for the team’s analysts.
Interact with existing and prospective borrowers, intermediaries, industry peers and the legal community on deals.
Assist the Loan Officer in sourcing (directly and through partnering internally) and originating commercial real estate debt investments for PGIM’s various investors.
Assist the Loan Officer in developing relationships with prospective borrowers and intermediaries while maintaining and building enduring relationships with existing clients across the platform.
What you will bring:
5+ years of experience in commercial real estate lending
Strong quantitative skills and demonstrated analytical ability.
Excellent organizational skills and attention to detail with ability to manage multiple projects simultaneously.
Outstanding written, oral communication, and interpersonal skills.
Ability to work both independently and as an integral member of a team.
Proficiency in MS Office applications, (Excel, Word, and PowerPoint) required.
Willingness to travel occasionally and attend industry events and conferences, required.
Interact professionally with internal and external parties, including originations, transactions, risk, legal, developers, investment firms, borrowers, and third‐party service providers.
What will set you apart:
Proven experience originating commercial real estate loans
Experience working with all real estate asset classes
Experience using Argus Enterprise
Self‐motivated with perseverance, and a hands‐on, proactive style.
MBA from a top program
*We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.
What we offer you:
Medical, dental, vision, life insurance and PTO (Paid Time Off)
Retirement plans:
401(k) plan with generous company match (up to 4%)
Company-funded pension plan
Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional health, and career development.
Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.
To find out more about our Total Reward package, visit Work Life Balance | Prudential Careers
About PGIM Real Estate
With $207.9 billion in gross assets under management and administration ($133.8 billion net),1 PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum.
PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). PGIM Real Estate’s risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing,2 and the local experience of professionals in 32 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world. For more information visit pgimrealestate.com.
Our Commitment to Diversity, Equity, and Inclusion
Prudential Financial, Inc. is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We do not just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.
#LI-Hybrid
#LI-SC1
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.
The Prudential Insurance Company of America, Newark, NJ and its affiliates.
Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at [email protected] for more information about doing business with Prudential.
PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email [email protected].
Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.
Website: http://www.prudential.com/
Headquarter Location: Newark, New Jersey, United States
Employee Count: 10001+
Year Founded: 1875
IPO Status: Public
Last Funding Type: Post-IPO Debt
Industries: Asset Management ⋅ Finance ⋅ Financial Exchanges ⋅ Financial Services ⋅ Insurance ⋅ Health Care ⋅ Retirement