New York, New York

Position Overview

Job Title: Credit Officer Commercial Real Estate

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, Real Estate Investment Banking and Municipal Capital Markets. In particular, you are responsible for handling approvals for all real estate related transactions, whether designated for securitization via commercial mortgage-backed securities (CMBS), syndication in the Bank market or 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 approval, declination, 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.

What We Offer You:
  • We offer competitive health and wellness benefits, empowering you to value life in and out of the office
  • Retirement savings plans, parental leave, and other family-friendly programs
  • An environment that encourages networking and collaboration across functions and businesses
  • Active engagement with the local community through Deutsche Bank's specialized employee groups


Hear from our people and look inside our office: DB@The Muse

Your Key Responsibilities:
  • Analyze and recommend approval, declination, or new loan terms for proposed commercial real estate transactions (including affordable housing) involving stabilized, transitional, ground-up construction, conversions and acquisition/rehabilitation properties and act as the primary intermediary between the business units, department heads and credit committees
  • Assist in structuring transactions to achieve optimal risk/return outcomes
  • Monitor portfolio and financial/market developments within commercial real estate and related sectors (including affordable housing) as needed to enhance response capability and corporate knowledge. Analyze/assess and make recommendations for approval for the balance sheet portfolio, including term loans, construction loans, and transitional loans in addition to other product types such as repo financing, bond purchase or total return swaps
  • 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 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 and watch-list credits and prepare impairment analyses and memoranda as necessary
  • Maintain data integrity for all names/transactions in IT systems and assist and at times lead CRM - CRE's interactions with internal/external auditors and regulatory authorities and other bank infrastructure teams (Finance, Regulatory, Risk Analytics, etc)


Your Skills and Experience:
  • Previous experience in balance sheet lending/underwriting debt products for primary CRE asset classes (office, retail, multifamily, hospitality and industrial); Affordable Housing experience is a plus
  • Experience with all facets of CRE due diligence and legal documentation
  • Knowledge of national markets
  • Familiarity with loan syndication and placement of senior and mezzanine loans


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.

Click here to find out more about diversity and inclusion.

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.

New York, New York

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.

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