Associate, CRE Debt at CIM Group – Dallas, Texas
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About This Position
POSITION PURPOSE:
Are you motivated by solving complex financial challenges and driving results with analytical precision? At CIM Group, you’ll play a key role in shaping the performance and strategy of a national commercial real estate credit portfolio.
We are seeking a proactive, detailoriented team member to join our Loan management group. In this role, you will manage your own portfolio of loans, lead underwriting and ongoing credit analysis, and partner closely with teams across investments, legal, development, and servicing. Your work will directly influence decisionmaking and help optimize the value of multifaceted, multimilliondollar assets.
If you’re ready to take ownership, grow your expertise, and contribute to a dynamic, fastpaced platform, we look forward to connecting.
ESSENTIAL FUNCTIONS:- Underwrite and value existing CRE debt investments (mainly office, hospitality, MF, and industrial) by creating 5-10 year cash flow proformas.
- Update fund leadership at monthly meetings to track each asset and ensure loan compliance
- Create and present quarterly asset reports that concisely summarize (a) loan, (b) collateral, (c) market, and (d) sponsor -- risks, mitigants and trends.
- Coordinate among various CIM departments, including Investments, Legal, Development, Leasing, Property Management and Portfolio Oversight to leverage in-house expertise when conducting analysis.
- Provide research-driven recommendations and analysis with respect to lease approvals, construction draws, rebalancing requirements, asset dispositions, special servicing, and REO decisions.
- Help the team manage the post-closing relationship with our sponsors/borrowers, including front line communications.
- Monitor asset-level compliance with loan covenants (i.e. debt yield tests, cash flow sweeps, extension tests).
- Oversee external servicing and construction consultants to review and fund borrower loan advance requests.
- Work with CIM’s internal and external loan servicers to efficiently receive high-quality data and ensure borrower relationships are maintained and borrower requests are processed timely with a focus on creating positive client experiences.
- Bachelor’s degree in Finance, Accounting, Real Estate, or other quantitative or related fields preferred.
- 3+ years’ professional experience working with an investment firm, private equity firm, or similar organization, focusing on real estate credit and adjacent sectors, and/or credit investment experience. CRE Loan Asset/Credit Risk Management experience is a plus.
- Demonstrated proficiency with Microsoft Office including Outlook, Excel, PowerPoint and Word.
- Argus experience is a plus.
- A variety of Medical, dental, and vision benefit plans
- Health Savings Account with a generous employer contribution
- Company paid life and disability insurance
- 401(k) savings plan, with company match
- Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave
- Up to 16 hours of volunteer time off
- Up to 16 weeks of Paid Parental Leave
- Ongoing professional development programs
- Wellness program, including monthly and quarterly prizes
- And more!