Rialto Capital - Rotational Analyst Program
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Location
Miami, FL
About the job
Summary
Rialto Capital
Rialto Capital Group Holdings, LLC (“Rialto” or “Rialto Capital”) is a fully integrated real estate investment management, asset management, and operating company. Since 2009, Rialto has raised over $10.8 Billion with its global partners and invested this capital in debt and equity holdings.
Rialto is one of the market leaders in CMBS B Piece bond acquisitions and as of June 30, 2021, is the named Special Servicer on a Commercial Mortgage-Backed Securities (“CMBS”) portfolio of loans totaling over $120 Billion in unpaid principal balance.
Rotational Analyst Program
Analysts Will Manage CMBS Loans And Properties Across The Investment Life Cycle, Completing 6-month Rotations In Each Of Rialto’s Four Asset Management Departments
The Rotational Analyst Program is a 2-year commitment based out of Rialto’s Miami headquarters.
Performing Loans – Evaluates real estate transactions affecting performing CMBS loans including property leasing, transfers of ownership, and hotel franchise changes.
Loan Workout – Develops and implements resolution strategies for non-performing and defaulted loans including modification, foreclosure, note sale, and forbearance.
Real Estate Owned (REO) – Assesses, manages, and liquidates commercial real estate properties.
Surveillance – Monitors risk factors associated with the properties underlying Rialto’s CMBS bond investments and manages Rialto’s annual CMBS loan Re-Underwriting process.
Commercial Real Estate Underwriting
Underwriting Assignments Include Loans Collateralized By All Commercial Real Estate Types Located In Markets Across The Country
Throughout the Program, Analysts will underwrite and assess risk associated with new acquisition loans and existing loans in Rialto’s CMBS portfolio. Analysts will present findings to senior management.
Office
Industrial
Retail
Hospitality
Multifamily
Self-storage
Program Features
2 year program, commencing July 2022
New, downtown Miami headquarters
Complete 6-month rotations across the four primary Asset Management Departments
Career mentors & educational programing
Job Responsibilities
Responsibilities vary by department but generally will include:
Underwrite loans collateralized by commercial real estate
Present findings to senior management
Perform due diligence on Borrower requests
Assist Asset Managers in developing business plans and monetization strategies
Liaison with outside parties including brokers, attorneys, and borrowers
Conduct market research
Analyze property financial statements including rent rolls and operating statements
Reporting and compliance
Qualifications
Open to all majors with 0-2 years of relevant work experience
Desire to relocate to Miami, FL
Passionate about pursuing a career in commercial real estate
Strong analytical and organizational skills
Advanced Excel proficiency
Highly developed written and verbal communication skills
Team-oriented and work well in a collaborative environment
Working Conditions
While performing the duties of this job, the Associate is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop. The Associate must occasionally lift and/or move up to 25 pounds. Evening and/or weekend work may be necessary to meet deadlines. This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties.
Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information (including family medical history), or any other legally protected status.