Job Description:

Job Title Commercial Real Estate Risk Officer

Corporate Title Vice President

Location New York, NY

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. In particular, you will be responsible for handling approvals for all real estate related transactions, retained on balance sheet; Additional tasks include setting and monitoring counterparty credit limits, negotiating term sheets, reviewing due diligence and underwriting and interfacing with senior management and business personnel. You will be expected to analyze and recommend approvals/declines, or new loan terms for proposed commercial real estate transactions involving stabilized, transitional, ground-up construction, conversions and acquisition/rehabilitation properties. You will act as the primary 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. Experience leading/managing internal and external audit coordination required.

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

• Analyze/Assess and recommend credit approval/declines, or suggest new loan terms for proposed commercial real estate transactions slated for securitization, warehouse lending, or the balance sheet portfolio involving stabilized and transitional properties

• Act as the primary intermediary between the Business units, department heads and credit committees; Assist in structuring transactions to achieve optimal risk/return outcomes; Perform property level due diligence including cash flow analysis, site inspections, and reviews of legal documents and third-party reports; Review and write recommendations to obtain approval for new loans, annual reviews, loan amendments and collateral updates

• Monitor portfolio and financial/market developments within commercial real estate and related sectors as needed to enhance response capability and corporate knowledge. Monitor/Manage Risk Retention portfolio, including regular reviews and risk assessment. Analyze/Asses and make recommendations for approval for the balance sheet portfolio, including construction loans and transitional loans

• Interact with internal business unit personnel to prepare credit reports and due diligence documentation that support Deutsche Bank business strategies while operating within the constraints of Deutsche Bank risk appetite for commercial real estate in a manner consistent with its policies and procedures;

• Monitor an existing portfolio, sponsor/guarantor financial capacity, Watchlist credits and prepare impairment analyses and memoranda as necessary

• Maintain data integrity for all names / transactions in Information Technology (IT) systems and assist and at times lead Credit Risk Management - Commercial Real Estate interactions with internal / external auditors and regulatory authorities and other Deutsche Bank infrastructure teams (Finance, Regulatory, Risk Analytics, etc.)

How You’ll Lead

• Provide guidance and support to junior team members

• Train new team members on commercial real estate fundamentals; and

• Interface with auditors by providing succinct analysis and responses to queries, as well as conducting presentations when required

Skills You’ll Need

• Extensive relevant commercial real estate finance experience

• CMBS / Balance sheet lending experience

• Ability to analyze/review structured loans

• Experience working with internal and external auditors

• Structured lending experience

Skills That Will Help You Excel

• Highly motivated with ability to work independently

• Excellent verbal and written communication skills

• Ability to multi-task

• Attention to detail

• Self-starter with a high level of integrity

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York, NY 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 New York City is $125,000 to $203,000Actual 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 renumeration.

Deutsche Bank Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision

Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life

The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email HR.Direct@DB.com.

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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Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.