PGIM Real Estate Investment Associate

Overview

Assist loan origination, underwriting, structuring, and pricing of agency real estate loans.

Key Responsibilities

• loan applications
• quote requests
• origination handoff
• risk assessment
• deal coordination
• client interaction

Tasks

-Review Agency response letters for accuracy. -Prepare and/or review Loan Applications for signature. -Assist in managing analytical staff assignments to assure timing expectations are met and accuracy of information. -Coordinate between originations, assigned Deal Manager(s), underwriting and the Agencies when structuring issues arise at origination. -Responsible for handoff from Origination to Underwriting for assigned transactions. -Interact with existing and prospective borrowers, intermediaries, industry peers and legal community. -Assess issues and provide recommendations on intelligent risk solutions aligned with PGIM and Agency program requirements and guidelines. -Prepare, review and recommend quality quote requests within 24 - 48 hours of screening both independently and with support from Analysts. -Assist loan originations staff and borrowers with asset management issues, as needed. -Provide support to loan origination staff in all aspects of the Agency loan origination process, including analysis, underwriting, structuring, pricing.

Requirements

• bachelor's
• multifamily underwriting
• ms office
• fannie mae
• mentoring
• critical thinking

What You Bring

-Bachelor's degree required. Graduate degree a plus but not required. -A leader and team player - must work well in a multi-functional collaborative environment and demonstrate a strong work ethic and commitment to customer service -Solid product knowledge of Agency financing -3+ years of experience in multifamily underwriting, structuring and/or pricing transactions -Knowledge of affordable housing a plus -Critical thinking skills are essential, with the ability to make timely decisions, when appropriate. -Excellent organizational skills and attention to detail with ability to manage and prioritize multiple projects simultaneously in a fast-paced environment -Mentoring and training of Origination Analysts required. -Must be able to work well in a fast-paced environment; prioritizing work ito meet deadlines and managing other projects and duties, assigned and deemed appropriate from the manager -Possess and apply knowledge of Fannie Mae and Freddie Mac guides, policies and procedures. -Proficiency in MS Office applications, (Excel, Word and PowerPoint) required -Desire and ability to train, mentor and motivate team members -Strong technical underwriting/analytical skills -Ability to travel as needed -Outstanding written, oral communication, and interpersonal skills

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Benefits

-Market competitive base salaries, with a yearly bonus potential at every level. -Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs. -Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs. -Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service. -Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. -Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development. -401(k) plan with company match (up to 4%). -Company-funded pension plan.

About Pgim

-Founded as the asset management arm of Prudential Financial, it has grown into one of the world’s largest investment managers. -With a strong presence in over 30 countries, it offers a wide range of investment strategies across equity, fixed income, real estate, and alternative investments. -Its expertise spans from commercial real estate to renewable energy investments, targeting sectors with high growth potential. -It is known for its data-driven approach, leveraging advanced analytics and insights to deliver superior results for its clients. -Its diverse portfolio includes projects in infrastructure, energy, residential and commercial properties, and more. -The real estate division is particularly noted for its global reach, managing significant assets across North America, Europe, and Asia. -The firm is also making significant strides in alternative investments, focusing on private equity, hedge funds, and other non-traditional asset classes. -With a blend of traditional and innovative investment strategies, it delivers tailored solutions designed to meet the needs of institutional investors, pension funds, and individual clients.

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