Thursday, December 17, 2015

Director Affordable Loan Originations Prudential Chicago

Job Description:
Prudential Mortgage Capital Company is actively seeking a Director level originator to join the Affordable Housing Finance team. PMCC’s origination teams are directly responsible for sourcing and originating commercial mortgage investments for various capital sources. This role may be located in select U.S. locations depending on the individual’s experience and business development track record.

Responsibilities:
Responsible for sourcing and securing new lending opportunities and originating high quality debt investments.
Acting as the central point of contact for borrowers, intermediaries, internal team members and third party vendors. The Director will oversee and coordinate the efficiency and integrity of the transactions process including underwriting, due diligence, closing and servicing, in support of meeting aggressive production objectives for the region.
Managing all aspects of loan origination process, including presentations to senior management, debt structuring, pricing strategy, transaction negotiation and closing, and due diligence review.
Develop and cultivate high quality relationships with new prospects, while maintaining and building enduring relationships with existing institutional clients.

Desired Skills and Experience
Qualifications:
Minimum 5 years of experience in commercial real estate finance
Qualified and interested candidates must have a quantifiable track record in business development in the commercial real estate mortgage arena with the proven ability to develop, cultivate and manage high quality relationships with intermediaries and borrowers
Demonstrated experience successfully originating and negotiating Affordable loans as evidenced by a very strong track record of closed loans over the past several years.
A leader and team player, candidates must work well in a multi-functional collaborative environment and demonstrate a strong work ethic and a commitment to customer service.
Strong written and verbal communication skills are a must
Minimum of a 4-year college degree in real estate, finance or a related field.
An advanced degree and/or professional certification/designation is desired.

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