Risk & Underwriting Advisor – Cigna Pharmacy
The Cigna Group
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Associate, Underwriting
Bellwether
full-time
Posted on:
Location: California • 🇺🇸 United States
Visit company websiteSalary
💰 $120,000 - $130,000 per year
Job Level
JuniorMid-Level
Tech Stack
SaltStack
About the role
- Conduct due diligence on prospective investment opportunities across the capital stack including Senior Mortgages, Mezzanine Loans, B-Notes, Preferred Equity, JV Equity and NPLs
- Perform property-level diligence and complete underwriting templates for CMBS and other CRE financing opportunities involving multifamily, industrial, hospitality, retail and office properties
- Formulate underwriting assumptions and prepare financial models analyzing prospective transactions for a variety of property types and capital stack positions
- Draft credit memorandums detailing key investment terms and objectives, risks/mitigants, underwriting assumptions, cash flow projections, sponsor review and market analysis
- Assist in the preparation, review and analysis of legal documents and structuring of complex financial transactions in conjunction with senior investment team members and legal counsel
- Provide support in the formulation of strategies for existing and new positions, including dialogue with market participants, borrower/asset/market-level analyses, and financial modeling of various scenarios
- Support ad hoc initiatives in support of the investment team’s research-driven approach
Requirements
- A minimum of 5 years of experience in commercial real estate, with a focus on loan origination, underwriting, commercial real estate loan workouts, debt and/or equity asset management
- Undergraduate degree in economics, finance, real estate, or related degree is preferred
- Familiarity with, and ability to interpret and understand, complex debt structures and cash flow waterfalls
- Team-oriented attitude with a genuine interest in commercial real estate
- Ability to work efficiently with minimum supervision, meet deadlines and handle competing priorities
- Strong quantitative background; effective organizational, interpersonal, and communication skills
- Fluency in Excel and Argus is required
- Excellent verbal and written communication skills; strong listening and interpersonal skills
- Ability to perform responsibilities independently and proactively, solve problems, and improve processes
- Must be able to prove eligibility to work in the United States and willing to complete a background check
