Capital Markets Affordable Housing Risk Officer - Associate
Deutsche Bank
Job Description:
Job Title Municipal Capital Markets Affordable Housing Risk Officer - Associate
Corporate Title Associate
Location Jacksonville
Overview
The Commercial Real Estate (CRE) credit team is tasked with managing the real estate credit risk for Deutsche Bank’s Commercial Real Estate Group. The Municipal Capital Markets Affordable Housing Risk Officer is responsible for handling approvals for loan and municipal bond financing of Affordable Housing related transactions. Additional tasks include setting and monitoring counterparty credit limits, reviewing due diligence and underwriting, and interfacing with senior management and Business personnel. You will be expected to review, challenge, analyze and recommend approvals/declines or new loan terms. The Risk Officer will act as an intermediary between the Business units, department heads and credit committees, assist in structuring transactions to achieve optimal risk/return outcomes, and monitor portfolio and financial/market developments within commercial real estate and related sectors.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift and volunteer programs
What You’ll Do
Monitor existing municipal capital markets bond and loans on affordable housing properties including sponsor/guarantor financial capacity, Watchlist credits, and the preparation of impairment analyses and memoranda as necessary
Assist with the review and challenge of new transaction underwriting and memoranda
Maintain data integrity for all names / transactions in Information Technology (IT) systems and assist with CRM(Credit Risk Management) - CRE's interactions with internal / external auditors
Monitor the existing portfolio and financial/market developments within the affordable housing space to enhance response capability and corporate knowledge
Act as an intermediary between the Business units, department heads and credit committees; Assist in structuring transactions to achieve optimal risk/return outcomes
Skills You’ll Need
Moderate multifamily and/or affordable housing real estate finance experience
Ability to write succinctly and to communicate precisely
Ability to analyze/review structured loans
Experience working with internal and external auditors
Skills That Will Help You Excel
Highly motivated with ability to work independently
Excellent verbal and written communication skills
Integrity
Ability to multi-task
Attention to detail
Expectations
It is the Bank’s expectation that employees hired into this role will work in the Jacksonville, FL office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in Jacksonville is $60,000 to $86,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications.Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
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We welcome applications from all people and promote a positive, fair and inclusive work environment.
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