Commercial Real Estate Risk Officer - Vice President at Deutsche Bank | NY, US | Rezi

Commercial Real Estate Risk Officer - Vice President at Deutsche Bank

Commercial Real Estate Risk Officer - Vice President

Deutsche Bank · NY, US

5 days ago

Commercial Real Estate Risk Officer - Vice President

Deutsche Bank · NY, US

6 days ago
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About the Role

The Commercial Real Estate (CRE) credit team manages real estate credit risk for Deutsche Bank’s Commercial Real Estate Group. The Risk Officer is responsible for handling approvals for all real estate related transactions retained on balance sheet, setting and monitoring counterparty credit limits, negotiating term sheets, reviewing due diligence and underwriting, and interfacing with senior management and Business personnel. You will analyze and recommend approvals/declines, or new loan terms for proposed commercial real estate transactions. The Risk Officer acts as the primary intermediary between Business units, department heads, and credit committees, assists in structuring transactions for optimal risk/return outcomes, and monitors portfolio and financial/market developments within commercial real estate and related sectors. Experience leading/managing internal and external audit coordination is required.

Responsibilities

  • Analyze and recommend credit approval/declines, or suggest new loan terms for proposed commercial real estate transactions involving stabilized, transitional, ground-up construction, conversions and acquisition / rehabilitation properties
  • Act as the primary intermediary between the Business units, department heads and credit committees
  • Monitor portfolio and financial/market developments within commercial real estate and related sectors as needed to enhance response capability and corporate knowledge
  • Analyze/Assess and make recommendations for approval for the balance sheet portfolio, including construction loans and transitional loans
  • 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, sponsor/guarantor financial capacity, watchlist credits and prepare impairment analyses and memoranda as necessary
  • Assist in structuring transactions to achieve optimal risk/return outcomes
  • Maintain data integrity for all names / transactions in Information Technology (IT) systems
  • Assist and at times lead CRM - CRE's interactions with internal / external auditors and regulatory authorities and other Deutsche Bank infrastructure teams (Finance, Regulatory, Risk Analytics, etc.)
  • Provide guidance and support to junior team members
  • Train new team members on commercial real estate fundamentals
  • Interface with auditors by providing succinct analysis and responses to queries, as well as conducting presentations when required

Requirements

  • Extensive commercial real estate credit experience
  • Balance sheet lending experience
  • Ability to analyze/review highly structured loans
  • Experience working with internal and external auditors
  • Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs
  • Highly motivated VP with ability to work independently
  • Excellent verbal and written skills
  • Ability to multi-task
  • Structured lending experience
  • Experience leading/managing internal and external audit coordination required

Skills

  • Commercial real estate credit
  • Balance sheet lending
  • AI tools
  • Independent work
  • Verbal skills
  • Written skills
  • Multi-tasking
  • Structured lending

Location

  • New York

Work Type

  • Hybrid
  • In-office / work from home flexibility

Experience Level

  • Vice President

Salary/Compensations

  • $125,000 to $222,500

Benefits

  • Generous vacation, personal and volunteer days
  • Employee Resource Groups support
  • Competitive compensation packages
  • Health and wellbeing benefits
  • Retirement savings plans
  • Parental leave
  • Family building benefits
  • Educational resources
  • Matching gift and volunteer programs
  • Physical, emotional, and financial wellness benefits

About the Company

  • A diverse and inclusive environment that embraces change, innovation, and collaboration
  • We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
  • Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

Equal Opportunity

  • Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
  • We welcome applications from all people and promote a positive, fair and inclusive work environment.
  • Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.
  • EEOC Know Your Rights
  • Employee Rights and Responsibilities under the Family and Medical Leave Act
  • Employee Polygraph Protection Act