Manager, CMBS Pricing and Agency Execution
Core
Senior market-facing specialist responsible for pre-screening, structuring, and pricing commercial real estate loan opportunities for conduit and SASB CMBS executions.
Role type
Senior IC commercial mortgage banker (CMBS pricing & structuring)
Builds
Conduit and Single Asset/Single Borrower (SASB) CMBS loan structures
Domain
Commercial Real Estate / Debt Capital Markets
Deliverable
production ML models | product features | dashboards & analysis | client delivery | infrastructure | physical/clinical work -> client delivery (loan structuring & pricing)
Required skills
CMBS loan screening, rating agency analysis (Fitch, KBRA, Moody's, S&P, DBRS, Morningstar), credit enhancement analysis, loan pricing, breakeven analysis, capital structure design, market intelligence, relationship management with debt capital markets participants
Preferred skills
SASB structuring, KeyBanc Capital Markets collaboration, Excel/Adobe proficiency, CMBS cash flow modeling
Technologies
Excel, Adobe products, proprietary agency pricing tools
Responsibilities
Screen new CMBS loan opportunities for market acceptability and structural integrity; Create rating agency cash flows and credit enhancement stacks; Price individual loan exposures and SASB opportunities; Collaborate on credit spread assignment for hypothetical structures; Monitor and interpret market trends and rating agency criteria updates; Maintain relationships with rating agencies and debt capital markets participants; Provide advisory support to commercial mortgage bankers and clients on permanent debt solutions.
Seniority
Manager, hands-on IC
