About Prime Finance:
Prime Finance, founded in 2008, is a well-established, diversified commercial real estate credit investment platform with more than $15 billion in assets under management. Prime Finance has two primary lending strategies that structure financing solutions ranging in size from $10 to $200+ million with teams in San Francisco, Chicago, and New York that originate loans and provide capital across the commercial real estate spectrum. In addition to our lending programs, Prime Finance is an active investor in investment grade and below-investment grade CMBS both at original issuance and on the secondary market.
Job Summary:
This individual works alongside the greater CMBS Investments team in all facets of the investment and asset management lifecycle. The CMBS Investments team primarily invests in new issuance Commercial Mortgage-Backed Securities (“CMBS”). These investments require in-depth analysis of underlying loans, and the CMBS Analyst will assist the team with reviewing provided loan summaries, performing credit research, loan document review and loan structuring, and loan covenant monitoring. The ideal candidate has a genuine interest in commercial real estate and the desire to work hard and provide value on a small team. No experience is necessary, but a background in underwriting commercial real estate loans or performing financial analysis is a plus. The position requires a significant amount of reading and attention to detail.
Essential Functions:
- Assist in reviewing and synthesizing asset summary reports (ASRs), loan documents, third party reports (i.e. appraisals, environmental and engineering reports) preparing and reviewing models, and identifying and communicating potential risks
- Analyze rent rolls, income and expense statements and cash flow projections provided by borrowers and loan sellers and ensure that information provided is accurate
- Assist with the preparation of investment memos for investment committee presentation
- Assist with the creation of various investor reporting materials
- Organize and track due diligence materials during the diligence process, determining what information is required and is outstanding as information is received from loan sellers
- Assist in calculating certain trigger tests as outlined in loan documents
- Liaise with loan sellers and servicers during the diligence and asset management process; site visit properties as necessary
Qualifications:
- Bachelor’s degree in related field or commensurate experience
- 0-2+ years of real estate finance experience, ideally in loan originations, asset management or servicing
- Working knowledge of real estate concepts and acumen
- Experience leveraging AI tools (e.g., Microsoft Copilot, ChatGPT, Claude or similar) to improve workflow efficiency, automate repetitive tasks, and enhance analytical output
- Able to read, understand, and summarize documents in a short period of time
- Ability to work within a team
- Strong critical thinking skills
- Strong written and verbal communication skills; will be responsible for regular communication with counterparties
- Proficiency in Microsoft Office applications (Excel, Word, PowerPoint, Outlook)
Please note this job description is not designed to cover or contain a comprehensive list of every activity, duty, or responsibility that is required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
The expected annual base salary range for this role is $87,500 - $130,000. Actual base salary will be determined by several components, including but not limited to: relevant experience, skills and qualifications, base salary of internal peers, and geographic location. In addition to base salary, this role may be eligible for a discretionary annual bonus and a variety of financial, wellbeing, and health / welfare benefits.
Equal Opportunity Employer:
Prime Finance provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
