Truist Inc
Production Transaction Manager - Grandbridge Real Estate Capital
Truist Inc, Dallas, Texas, United States, 75215
Job Position
Support Coverage Bankers in processing all potential loans (both agency and non-agency). Manage the analyst pool to sufficiently train and develop them along with a managing their workload. This will include, but not be limited to, design and advocacy for a competitive bridge loan vehicle. This product, offered through Truist Financial Corporation and in partnership with Grandbridge Real Estate Capital, will focus on "bridge-to-Agency" executions for clients of Truist's Real Estate Corporate & Investment Banking teams (includes REITs and private equity funds), the National Real Estate team, and the Truist Community Capital team. These loans will be underwritten with intended repayment from permanent financing provided by Fannie Mae, Freddie Mac, or FHA/HUD. Essential Duties And Responsibilities
Assist in all aspects of loan executions both agency and non-agency. Solid understanding and experience in commercial real estate and/or commercial real estate finance. On ALL transactions act as the primary point of contact for Coverage Bankers, evaluating the loan opportunity to assess if the loan is Agency eligible or not. For Agency execution: Partner with Agency Underwriters to underwrite and size the transaction. For Non-Agency execution: TM will work closely with Coverage Banker, Head of Production and FCS Team to determine the best source of capital. Work with support staff, underwriting and credit in the preparation of the preliminary and final loan submissions. Work with Coverage Banker and Analysts to maintain client/pipeline data in Salesforce. Qualifications Required Qualifications:
Bachelor's degree in business, or equivalent education and related training. Five years of relevant experience within the commercial real estate finance industry. Excellent written and verbal communication skills. Strong computer skills; including proficiency in Microsoft Word, Microsoft Excel, and Microsoft PowerPoint. Excellent organizational skills, attention to detail and drive to succeed. Ability to organize, direct and motivate others. Ability to meet deadlines. Capability to simultaneously handle a variety of assignments. Ability to travel, including overnight. Preferred Qualifications:
Master of Business Administration (MBA) or Master's degree in Finance or Real Estate. Proficiency in Salesforce, CoStar, Trepp and Argus. Deep understanding of Fannie Mae and Freddie Mac lending programs. General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
Support Coverage Bankers in processing all potential loans (both agency and non-agency). Manage the analyst pool to sufficiently train and develop them along with a managing their workload. This will include, but not be limited to, design and advocacy for a competitive bridge loan vehicle. This product, offered through Truist Financial Corporation and in partnership with Grandbridge Real Estate Capital, will focus on "bridge-to-Agency" executions for clients of Truist's Real Estate Corporate & Investment Banking teams (includes REITs and private equity funds), the National Real Estate team, and the Truist Community Capital team. These loans will be underwritten with intended repayment from permanent financing provided by Fannie Mae, Freddie Mac, or FHA/HUD. Essential Duties And Responsibilities
Assist in all aspects of loan executions both agency and non-agency. Solid understanding and experience in commercial real estate and/or commercial real estate finance. On ALL transactions act as the primary point of contact for Coverage Bankers, evaluating the loan opportunity to assess if the loan is Agency eligible or not. For Agency execution: Partner with Agency Underwriters to underwrite and size the transaction. For Non-Agency execution: TM will work closely with Coverage Banker, Head of Production and FCS Team to determine the best source of capital. Work with support staff, underwriting and credit in the preparation of the preliminary and final loan submissions. Work with Coverage Banker and Analysts to maintain client/pipeline data in Salesforce. Qualifications Required Qualifications:
Bachelor's degree in business, or equivalent education and related training. Five years of relevant experience within the commercial real estate finance industry. Excellent written and verbal communication skills. Strong computer skills; including proficiency in Microsoft Word, Microsoft Excel, and Microsoft PowerPoint. Excellent organizational skills, attention to detail and drive to succeed. Ability to organize, direct and motivate others. Ability to meet deadlines. Capability to simultaneously handle a variety of assignments. Ability to travel, including overnight. Preferred Qualifications:
Master of Business Administration (MBA) or Master's degree in Finance or Real Estate. Proficiency in Salesforce, CoStar, Trepp and Argus. Deep understanding of Fannie Mae and Freddie Mac lending programs. General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.