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Vice President (Senior Portfolio Manager / Underwriter) - Commercial Real Estate

Union Bank MUFG

Residential Industrial Office Retail Asset Class Agnostic

New York, NY

Salary Estimate: Confidential

Employment Type: Full Time

Work Place: Office

Experience Required: N/A

Education Required: 4 Year College

Job Description

Join a bank that’s as committed to your future as you are. At Union Bank, a part of Mitsubishi UFJ Financial Group (MUFG), we share a vision for our future, we share our successes, and we strive to bring out the best in each other in everything we do. Our diverse colleagues are connected by a common ambition to create change for the better – from forging more dynamic career paths, to driving progress in our communities, to continuously reshaping the standards of financial services. Positive impact starts here; see the change you can make as we strive to become the world’s most trusted financial group.

Job Summary: The position is part of the Institutional Markets Lending Unit, with offices in New York and San Francisco, within Union Bank's Real Estate Industries Group. The Institutional Markets Lending Unit focuses on secured Real Estate project financing as well as lending to public and private REIT’s and Institutional Funds with a national focus. Loans consist of senior mortgages, for stabilized bridge and construction projects, and unsecured revolvers and term loans to such clients. Position will include learning the Bank’s various systems and maintaining data integrity.

Major Responsibilities:

Manage a loan portfolio of simple and complex transactions. This may include participations and agented loans, permanent loans, and construction loans.
Underwrite new loan transactions as well as coordinate due diligence and loan closings.
Review and comment on legal documents in conjunction with the relationship manager.
Structure transactions at the term sheet stage in conjunction with the relationship manager.
Must be comfortable with learning the Bank's various systems and processes.
Must be able to become well versed in the Bank's credit policies and procedures relatively quickly.

Qualifications:

Generally 7-10+ years of relevant Real Estate Finance experience.
Ability to analyze REITs/Funds is preferred.
Bachelor’s degree required.
Advanced degree preferred.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.

A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.

Portfolio Management