Senior Director - Commercial Mortgage Originations
New York Life Real Estate Investors, Atlanta
Senior Director - Commercial Mortgage Originations
Join to apply for the Senior Director - Commercial Mortgage Originations role at New York Life Real Estate Investors .
NYL REI is a leading capital provider in the real estate industry and is recognized as a top-tier commercial mortgage lender staffed by a team of highly experienced real estate professionals. The primary focus of the Real Estate Debt Team is the origination and management of commercial real estate related debt products, including mortgage loans (fixed and floating rate) and structured debt investments (including construction and bridge loans), typically secured by industrial, multi-family, retail, office, and hotel properties.
The company’s values of financial strength, integrity, and humanity have guided its decisions for over 180 years.
The Southeast Regional Office manages commercial mortgage origination and portfolio efforts across 11 states, including markets like Atlanta, Miami, Orlando, Charlotte, Raleigh, and Nashville. Over the past four years, this office has originated approximately $6 billion in fixed and floating rate mortgages.
Position
The Senior Director of Commercial Mortgage Originations is responsible for proactively soliciting mortgage loan opportunities through developers, institutional owners/investors, and brokers. Responsibilities include all aspects of mortgage origination, business development, underwriting, due diligence, negotiation, and loan closing. The role also involves monitoring and managing existing regional mortgage portfolios. Travel is required.
Required Skills
- Deep knowledge of Southeastern U.S. real estate markets and properties including industrial, retail, multi-family, office, and hotels.
- Excellent analytical, quantitative, and technical skills, with proficiency in Argus and Excel for cash flow analysis and valuations.
- Ability to size and price loans, negotiate terms, and structure deals effectively.
- Proven experience in all phases of commercial mortgage loan origination, underwriting, and closing.
- Organized, proactive, responsible team player with strong interpersonal and marketing skills.
- Excellent communication and presentation skills, creative problem-solving, and research abilities.
- Capability to analyze market data, interact independently with borrowers and professionals, and gather relevant information.
- Ability to multitask and adapt to changing priorities within a team environment.
- Construction or structured lending experience is a plus.
Qualifications
Preferably, candidates should have a Bachelor’s and/or Master’s degree in Finance, Real Estate, or related fields, with 10-15+ years of experience in commercial mortgage underwriting or origination, preferably with a major financial institution or broker. A proven track record, strong work ethic, and team collaboration skills are essential. Industry designations like CCIM or CFA, or coursework toward these, are advantageous.
Pay Transparency
Salary Range: $175,000-$225,000
Discretionary bonus eligibility: Yes
Base salary is determined based on experience, skills, and location. Employees are eligible for annual discretionary bonuses and participation in incentive programs. Benefits include leave, adoption assistance, student loan repayment, and more. For details, visit our NYL Benefits Site.
Our Commitment to Inclusion
We foster an inclusive workplace rooted in our core values of humanity and integrity, encouraging diverse perspectives and experiences to enhance success and community service. Learn more about our leadership in this space and our community initiatives.
Recognized as one of Fortune’s World’s Most Admired Companies, we support community engagement through employee giving and volunteerism. Explore career opportunities at . Follow our employees and agents on LinkedIn and stay updated via our Newsroom.
Job Requisition ID: 91973
#J-18808-Ljbffr