Franklin Templeton
BSP Commercial Real Estate Debt Analyst/Associate
Franklin Templeton, New York, New York, us, 10261
Overview
Benefit Street Partners (BSP) is owned by Franklin Templeton, a dynamic firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, youll get exposed to different cultures, people, and business development happening around the world. Benefit Street Partners operates independently as a Specialist Investment Manager and is a leading credit-focused alternative asset management firm. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. These complementary strategies leverage the proprietary sourcing, analytical, operational and compliance capabilities that encompass BSPs robust institutional platform. Visit www.benefitstreetpartners.com to learn more about our company and investment strategies. Firm Overview:
Benefit Street Partners ("BSP") is a leading credit-focused alternative asset management firm with approximately $78 billion in assets under management. BSPs real estate strategy focuses on originating and managing commercial mortgage loans across the United States and in all segments of the market. BSP is a flexible capital provider, originating both floating-rate and fixed-rate loans across the capital structure, including first mortgage loans, mezzanine loans and preferred equity. BSPs real estate equity capabilities focus on multifamily, triple-net lease assets, and CMBS B-pieces. BSPs dedicated real estate team today consists of over 80 professionals with origination, underwriting and asset management capabilities that enable it to generate proprietary deal flow. BSPs CRE investment team is located in New York, NY. Position Overview
Benefit Street Partners Commercial Real Estate ("CRE" ) Debt group is seeking an Analyst or Associate to join its team. The candidate will join the CRE debt originations team and will be responsible for initial deal screening, underwriting, and pipeline and transaction management for Benefit Street Partners CRE debt investments. Role and Responsibilities
Responsibilities include but are not limited to: Review initial debt deal packages received by the origination team and produce detailed overview of requests for review by originators and underwriters. Produce initial cash flow modeling of potential debt investments and identify key debt metrics compliance with BSPs investment strategy. Work directly with originators and internal legal team to draft loan applications. Manage deal team pipelines throughout all stages of the deal lifecycle. Draft preliminary Asset Summary Reports (ASRs) for new debt investments to be circulated to CRE Investment Committee. Assist the CRE debt underwriters in various aspects of underwriting due diligence, including but not limited to cash flow modeling, market research, third party report review, and investment committee memorandum drafting. Liaise with third party diligence providers including insurance consultants, search firms, title companies, appraisers and engineers to provide needed diligence information and ensure timely delivery of reports. Assist as needed with Benefit Street Partners CRE Asset Management and Capital Market teams various initiatives including ongoing loan monitoring, financing, and CMBS and CLO securitization. Qualifications
The successful candidate will ideally possess: Bachelors degree in Business or related field 1 to 4 years of experience in commercial real estate with a focus on CRE debt origination and/or underwriting. Ability to prioritize and meet multiple deadlines Ability to work in a team oriented, fast paced, demanding environment Strong analytical skills Excellent written, verbal and electronic communication skills # LI-Hybrid Compensation and Benefits
Benefit Street Partners offers employees a competitive and valuable range of total rewardsmonetary and non-monetary designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. The annual salary for this position is expected to range between $110,000.00 - $160,000.00, depending on location and level of relevant experience, plus discretionary bonus. Culture and Equal Opportunity
Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. If you believe that you need an accommodation or adjustment, due to a medical condition or disability, to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com. In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number of the position you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response. #J-18808-Ljbffr
Benefit Street Partners (BSP) is owned by Franklin Templeton, a dynamic firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, youll get exposed to different cultures, people, and business development happening around the world. Benefit Street Partners operates independently as a Specialist Investment Manager and is a leading credit-focused alternative asset management firm. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. These complementary strategies leverage the proprietary sourcing, analytical, operational and compliance capabilities that encompass BSPs robust institutional platform. Visit www.benefitstreetpartners.com to learn more about our company and investment strategies. Firm Overview:
Benefit Street Partners ("BSP") is a leading credit-focused alternative asset management firm with approximately $78 billion in assets under management. BSPs real estate strategy focuses on originating and managing commercial mortgage loans across the United States and in all segments of the market. BSP is a flexible capital provider, originating both floating-rate and fixed-rate loans across the capital structure, including first mortgage loans, mezzanine loans and preferred equity. BSPs real estate equity capabilities focus on multifamily, triple-net lease assets, and CMBS B-pieces. BSPs dedicated real estate team today consists of over 80 professionals with origination, underwriting and asset management capabilities that enable it to generate proprietary deal flow. BSPs CRE investment team is located in New York, NY. Position Overview
Benefit Street Partners Commercial Real Estate ("CRE" ) Debt group is seeking an Analyst or Associate to join its team. The candidate will join the CRE debt originations team and will be responsible for initial deal screening, underwriting, and pipeline and transaction management for Benefit Street Partners CRE debt investments. Role and Responsibilities
Responsibilities include but are not limited to: Review initial debt deal packages received by the origination team and produce detailed overview of requests for review by originators and underwriters. Produce initial cash flow modeling of potential debt investments and identify key debt metrics compliance with BSPs investment strategy. Work directly with originators and internal legal team to draft loan applications. Manage deal team pipelines throughout all stages of the deal lifecycle. Draft preliminary Asset Summary Reports (ASRs) for new debt investments to be circulated to CRE Investment Committee. Assist the CRE debt underwriters in various aspects of underwriting due diligence, including but not limited to cash flow modeling, market research, third party report review, and investment committee memorandum drafting. Liaise with third party diligence providers including insurance consultants, search firms, title companies, appraisers and engineers to provide needed diligence information and ensure timely delivery of reports. Assist as needed with Benefit Street Partners CRE Asset Management and Capital Market teams various initiatives including ongoing loan monitoring, financing, and CMBS and CLO securitization. Qualifications
The successful candidate will ideally possess: Bachelors degree in Business or related field 1 to 4 years of experience in commercial real estate with a focus on CRE debt origination and/or underwriting. Ability to prioritize and meet multiple deadlines Ability to work in a team oriented, fast paced, demanding environment Strong analytical skills Excellent written, verbal and electronic communication skills # LI-Hybrid Compensation and Benefits
Benefit Street Partners offers employees a competitive and valuable range of total rewardsmonetary and non-monetary designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. The annual salary for this position is expected to range between $110,000.00 - $160,000.00, depending on location and level of relevant experience, plus discretionary bonus. Culture and Equal Opportunity
Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. If you believe that you need an accommodation or adjustment, due to a medical condition or disability, to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com. In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number of the position you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response. #J-18808-Ljbffr