Jacksonville, Florida

Commercial Real Estate Credit Officer - Assistant Vice President

Job ID: 3188790

Full/Part-Time: Full-time

Regular/Temporary: Regular

Listed: 2019-07-10

Location: Jacksonville, United States of America

For candidates applying for positions in the US:

Deutsche Bank is an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the "EEO is the Law " poster and pay transparency statement.

Position Overview

Job Title: Commercial Real Estate Credit Officer

Corporate Title: Assistant Vice President

Location: Jacksonville, FL

About Deutsche Bank

We are Germany's leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. We're driving growth through our strong client franchise, investing heavily in digital technologies, prioritizing long-term success over short-term gains, and serving society with ambition and integrity. We serve our clients' real economic needs in commercial and investment banking, retail banking and transaction banking, and provide ground-breaking products and services in asset and wealth management. That means a career packed with opportunities to grow and the chance to shape the future of our clients.

Department Information

The Commercial Real Estate (CRE) credit team is tasked with managing the real estate credit risk for Deutsche Bank's Commercial Real Estate Group, Real Estate Investment Banking and Municipal Capital Markets. In particular, Credit Officers are responsible handling approvals for all real estate related transactions, whether designated for securitization via CMBS, syndication in the Bank market or retained on balance sheet. Additional tasks include processing of new transactions and annual reviews in the credit systems, setting and monitoring counterparty credit limits, maintaining data integrity for all names and transactions in the Credit systems, and ensure compliance with regulations, policies and procedures

A BRM credit officer is expected to:
  • Support the approval process for new loan terms for proposed commercial real estate transactions involving stabilized, transitional, ground-up construction, conversions and acquisition / rehabilitation properties
  • Monitor portfolio and financial/market developments within commercial real estate and related sectors

    Position Description:
    • Interact with internal business unit personnel to prepare credit reports and due diligence documentation that support Deutsche Bank's business strategies while operating within the constraints of Deutsche Bank's risk appetite for commercial real estate in a manner consistent with its policies and procedures
    • Monitor an existing portfolio and sponsor/guarantor financial capacity
    • Monitor Watchlist credits and prepare impairment analyses and memoranda as necessary
    • Assist and at times lead BRM - CRE's interactions with internal / external auditors and regulatory authorities and other Deutsche Bank infrastructure teams (Finance, Regulatory, Risk Analytics, etc.)

      Job Requirements:
      • Previous experience in balance sheet lending / underwriting debt products for all primary CRE asset classes (office, retail, multifamily, hospitality and industrial)
      • Understanding the essentials of unsecured lending in the REIT sector is a plus
      • Experience with all facets of CRE due diligence and legal documentation
      • Knowledge of national markets with a focus on the gateway cities
      • Familiarity with loan syndication and placement of senior and mezzanine loans
      • Educational background in financial and risk-return analysis, including modeling and accounting
      • Excellent verbal and written communication skills
      • Assertive, independent professional, as well as a team player
      • Ability to effectively multi-task and work under time pressure
      • A passion to learn and be challenged, not afraid to ask questions

        Risk The Risk division has a fundamental responsibility to protect the Bank. With group-wide responsibility for the management and control of credit, market, operational and reputational risks, we have a unique vantage point which allows us a holistic view of our businesses and our clients. Nearly 4,000 employees work together to achieve our ambition to be an industry-leading risk management organisation. In an increasingly complex environment, risk management is fast-becoming the most sought after place to build a career within the banking world. Risk at Deutsche Bank is relied upon to help shape the strategy of the organisation and the wider industry agenda.

Jacksonville, Florida

Our vision

We aspire to be the leading client-centric global universal bank

We serve shareholders best by putting our clients first and by building a global network of balanced businesses underpinned by strong capital and liquidity.

We value our German roots and remain dedicated to our global presence.

We commit to a culture that aligns risks and rewards, attracts and develops talented individuals, fosters teamwork and partnership and is sensitive to the society in which we operate.

Our values and beliefs

Integrity

  • We live by the highest standards of integrity in everything we say and do
  • We will do what is right – not just what is allowed
  • We communicate openly; we invite, provide and respect challenging views

Sustainable Performance

  • We drive value for shareholders by putting long-term success over short-term gain
  • We encourage entrepreneurial spirit which responsibly balances risk and returns
  • We pursue lasting performance by developing, nurturing and investing in the best talent and by managing based on merit

Client Centricity

  • We earn our clients’ trust by placing them at the core of our organization
  • We deliver true value by understanding and serving our clients’ needs best
  • We strive to pursue mutually beneficial client relationships in which the value created is shared fairly

Innovation

  • We foster innovation by valuing intellectual curiosity in our people
  • We enable our clients’ success by constantly seeking suitable solutions to their problems
  • We continuously improve our processes and platforms by embracing new and better ways of doing things

Discipline

  • We protect the firm’s resources by always thinking and acting like owners
  • We live by the rules and hold ourselves accountable to deliver on our promises – no excuses
  • We achieve operational excellence by striving to ‘get it right the first time’

Partnership

  • We build diverse teams to generate better ideas and reach more balanced decisions
  • We put the common goals of the firm before ‘silo’ loyalty by trusting, respecting and working with each other
  • We act as responsible partners with all our stakeholders and regulators, and in serving the wider interests of society

Our brand

Deutsche is clear: we are here to perform – in business and beyond. We do this with a unique mix of passion and precision. This measured approach gives us the confidence to enable agile minds to look beyond the obvious, gaining advantage for everyone we work with.

Similar jobs