Senior Investment Professional - Commercial Mortgage Loans Origination

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

We will consider candidates with 6-10 years of experience.

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

This position will be hired on a SuccessFlex basis.

The hired associate must reside within 35 miles of the following location:

Columbus: One Nationwide Plaza, Columbus OH, 43215

Work schedule: 3 days in office, 2 days remote.

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Job Description Summary

Nationwide’s vision is to be the most trusted, most caring and most customer-focused protection company. We exist to protect people, businesses and futures with extraordinary care. The Nationwide Investments team manages approximately $130 billion and strives to combine client focus, investment discipline and teamwork to deliver superior results.

The asset management team is responsible for managing and monitoring a multi-billion-dollar loan portfolio secured by real estate properties located across the United States. To be successful in the role, excellent analytical, problem-solving, communication, collaboration, and negotiation skills are required. Desired experience includes a commercial real estate background with an emphasis in the interpretation of loan documents, analysis of operating statements, and the ability to prioritize assignments in an effective manner to support both internal and external stakeholders/customers.

Nationwide is actively making investments with well-established, institutional managers who have proven track records of delivering target returns through market cycles and have demonstrated expertise in the particular strategies that that they are executing.

The Real Estate Deal Analyst - Senior Investment Professional is primarily responsible for analyzing, underwriting, and negotiating Commercial Mortgage loans. This role is responsible for preparing various market reports, portfolio analysis, financial analysis and modeling, and investment recommendations for management evaluation, as well as portfolio surveillance and monitoring. May include people leader responsibilities.

As a potential people leader, you may also be responsible for the overall performance of the team, as well as management of individual associates. We value our associates by providing a collaborative environment, setting clear expectations, and providing the necessary feedback to develop and motivate associates to perform at a high level. Focus is on development of associate technical and behavioral skills, innovation and career development.

(May be an individual contributor recognized at the highest level of technical expertise)

Job Description

Key Responsibilities:   

• Lead the identification, underwriting, and negotiation of real estate investments for presentation to senior management.

• Lead the underwriting of real estate (including property or fund analysis, market analysis, and financial analysis and modeling), sponsor, business plan, exit strategy, etc. 

• Accountable for the negotiation of deal terms under the general guidance of senior staff taking into consideration concentration risk, credit parameters, and fee structure.

• Prepare and present investment recommendations.

• Direct the work with internal and external legal counsel to coordinate closings (including negotiating, reviewing and approving transaction documents and other due diligence items such as review of third-party reports).

• Develop and maintain working relationships with mortgage correspondents, brokers and fund managers to facilitate alternative investment opportunities (e.g. separate account, co-investment).

• Work with REPM’s to assess opportunities in various markets and asset classes.

• Lead the preparation of various market reports, portfolio analysis, and statistical data for management evaluation.

• Foster collaboration with Real Estate Research, Asset Management and Real Estate Risk teams.

• Lead the portfolio surveillance, portfolio monitoring and risk mitigation.

• May have people leader responsibilities.

May perform other responsibilities as assigned. 

Reporting Relationships:  Asset Class Officer level Senior Investment Professional

  

Typical Skills and Experiences:   

Education:  Undergraduate degree in business, finance and/or real estate.  Graduate degree and/or professional designation preferred (but not required).

Experience:  8 to 12 years of investment experience.   

Knowledge, Abilities and Skills:   

• Proven knowledge of real estate principals and practice.

• Strong real estate financial analysis skills are required. 

• Must have the ability to utilize the direct capitalization and the discounted cash flow approaches to value. 

• Must demonstrate command of spreadsheet software and other real estate valuation software (i.e. excel and Argus). 

• Must have strong grasp of core concepts, as well as the skills required to effectively communicate with both internal and external clients. 

• Solid interpersonal and negotiation skills are necessary for structuring transactions with external borrowers/sponsors. 

• Diligent organizational and record keeping skills are needed for successful portfolio management and tracking. 

• Must be an independent and creative thinker.  

• Must be a self-starter, extremely proactive and demonstrate a high ability to learn on the fly.

• Other criteria, including leadership skills, competencies and experiences may take precedence.

• Diligent organizational and prioritization skills are needed to meet internal/external expectations.

• Must be an independent and strategic thinker, self-driven, extremely proactive and demonstrate a high ability to assess stakeholder needs.

• Prior experience leading teams is preferred.

Other criteria, including leadership skills, competencies and experiences may take precedence.  

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner. 

Values:  Regularly and consistently demonstrates Nationwide Values. 

Job Conditions:   

Overtime Eligibility: Not Eligible (Exempt) 

Working Conditions: Normal office environment. Some travel may be required. 

  

ADA:  The above statements cover what are generally believed to be principal and essential functions of this job.  Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.   

Credit Check:  Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.