Job Description
MONTICELLOAM, LLC and its affiliates (“Monticello”) is a real estate and asset-based lender providing asset management and comprehensive capital solutions for healthcare, multifamily, and commercial real estate assets throughout the US. Monticello is seeking leaders and team players who can work in a collaborative environment and possess drive, integrity, creativity, compassion, and a strong work ethic.
We are looking for a Commercial Real Estate Financial Analyst for our Richmond, VA office. The primary responsibilities and qualifications include:
- Assist with loan underwriting for all commercial real estate asset classes, focus on healthcare assets
- Assist with drafting of investment memoranda and presentations to various investment committees for approval, including investors, Monticello’s credit committee, and banking syndicate partners
- Prescreening of potential transactions, and review of personal financial statements. Model metrics include loan sizing, loan structuring, calculating projected income, DSCR, global cash flow, and loan to value ratios
- Assist in the preparation of term sheets and letters of intent to prospective borrowers
- Develop financial models for the evaluation of bridge loan opportunities, reviewing potential healthcare transactions for the proper balance of feasibility and risk
- Perform due diligence and the assist in the review of collateral, draft credit memo, loan documents, and other legal documents for working capital loans
- Conduct background checking and KYC review (Know Your Customer) on all parties to the transaction including but not limited to the Sponsor, Operator, Management, Builders, Guarantors, etc.
- Oversee the financial and operational due diligence process for healthcare and other commercial loan transactions including ordering and evaluating appraisals, market studies, project capital need assessments, environment studies, analysis of corporate and personal financial statements, third party credit reports for the project and its Principals, insurance policies and endorsements and any other document(s) needed as part of the underwriting process
- Interface and resolve open issues with clients, outside attorneys, and other stakeholders involved in a particular transaction to obtain required documentation as part of the loan underwriting, review and closing process
- Calculate and interpret investment returns (i.e.- IRR, NPV, ROI, ROE)
- Analyze borrower provided operating and capital expense budgets to ensure that all operational information is captured in the financial model and reporting packages
- Review and analyze historical and projected financial data and operational assumptions for feasibility and stress test scenarios. Heavy pro-forma analysis and budgetary financial review
- Create financial and marketing presentations for general marketing purposes and distribute private placement offering materials to prospective financial investors and/or loan participants
- Facilitate closing of loans including coordinating with title companies, banks, borrowers and investors
- Compile and analyze market trends
- Other ad hoc projects related to improving process efficiency, developing technology platforms, reporting tools, and internal analysis capability
- Travel as required
- Work in the office as required by office policy
Job Requirements:
- 1 to 3 years in a CRE or Finance role (preferably experience in debt underwriting/origination)
- Bachelor’s Degree
- Finance, accounting, credit, legal, real estate and/or business background
- Established organizational skills and ability to simultaneously handle multiple projects
- Interest in financing healthcare, senior housing, multi-family housing and/or renewable energy preferred
- Extensive computer skills including Excel, Word and PowerPoint
- Strong oral and written communication skills, advanced financial analytical proficiency, and solid interpersonal skills
- A desire to learn and grow within the Commercial Real Estate Finance industry complimented by an inquisitive and proactive personality
At Monticello, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit. Monticello is an EEO employer.
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