06 Sep
|
Barclays
|
Mumbai
Join us as an “DCM - SPO - CMBS IN” at Barclays, CMBS origination team underwrites loans secured by commercial mortgages that are securitized in CMBS transactions. For each loan request, they are responsible for assessing the property economics in determining the appropriate loan amount, interest rate to be charged, risk inherent into the transaction and ensuring that all loans meet Barclays’ criteria. Additionally, the team performs quarterly analysis of Balance Sheet loans and is involved in the underwriting & due diligence of the Acquisition facilities.
To be a successful “DCM - SPO - CMBS IN” CMBS Underwriting and Origination team through financial modelling and deal review of the loan requests that they receive. The team prepares Loan Review Forms, Preliminary Underwriting/ Cash Flow Models, and Asset Summary Reports that help in determining whether Barclays should proceed with each transaction; and the loan amount, loan structure and spreads to be charged.
The team is also responsible for creating and maintaining a database of static information for all the Conduit and SASB Deals issued since 2015 which allows easy comparisons for current deals and better due diligence.
You may be assessed on the key critical skills to help the team to size the number of deals that the team currently works on with the CMBS underwriters and Originators in Recent York and Los Angeles.
Basic/ Essential Qualifications:
- Review Offering Memos prepared by brokers and/or Borrowers to gain an understanding of the real estate and the requested financing.
- Evaluate and compile property level income statements, rent roll, reimbursements, occupancy statics, sales and occupancy cost information and other information into excel-based models.
- Compile market research to determine and verify a project’s economics and assumptions in the model. Market research will include third party sources (such as CoStar, Reis, Smith Travel Research and others) as well as public information available on
📌 Dcm - Spo - Cmbs In (Mumbai)
🏢 Barclays
📍 Mumbai