Description
MEMBERS Capital Advisors Inc. is the wholly owned investment affiliate of CUNA Mutual Group, managing $36.6 billion of assets as of December 31, 2021. Commercial Mortgage Loans are an integral part of our overall investment strategy with a principal balance exceeding $3.7 billion. The commercial mortgage portfolio includes over 700 loans secured by retail, industrial, apartment, and office buildings in every major US market. We work with a national network of mortgage banking correspondents to originate approximately $800 million of high-quality commercial mortgage loans in 2021, with individual loan sizes ranging from $5 to $35 million.
Under the direction of the Managing Director, Investments, collaborate with other analysts to support investment recommendations relating to Commercial Mortgages & Real Estate. Conduct market research and gather property-specific data to support high quality decision making. Ensure proper compliance regarding due diligence items including underwriting, closing & servicing, portfolio management, and reporting/audit. (Open to candidates within the Continental US)
Job Responsibilities:
- Assist senior analysts and directors in originating and underwriting new loans
- Conduct the annual review and valuation process for the portfolio using Argus software and direct capitalization analysis
- Perform reporting, loan monitoring, and closing & servicing processes
- Collect and analyze market data including vacancy rates, rental rates, comparable sales, and cap rates to develop an advanced understanding of specific markets and sectors
Job Requirements:
- Bachelor’s Degree with major(s) in Real Estate or Finance
- Interested in pursuing relevant industry designations
- 0-5 years of relevant experience
- Ability to build effective relationships at all levels with co-workers
- Ability to clearly communicate verbally and in writing
- Analytical and critical thinking skills; attention to detail and continuous improvement
- Experience using Excel, Argus, and other investment management systems preferred
Experience
1+ to 2 years
This job is no longer active.