Senior Associate, Capital Markets

The Senior Associate will play a critical role in managing and executing debt transactions, providing strategic financial analyses, and fostering relationships with internal and external stakeholders, while also handling a broad range of analytical, origination, and reporting activities related to the company's debt financings.

This position requires a blend of technical expertise, strategic thinking, and leadership abilities while offering substantial executive exposure for high-growth professionals seeking to elevate their careers by contributing to strategic decision-making and driving impactful financial initiatives within the company.

The Senior Associate will be responsible for efficiently coordinating cross-functionally with internal groups including Investments, Accounting, Finance, Asset Management, Operations, Treasury, and Legal. This person will be required to develop a deep understanding of the diligence, reporting, and operational requirements of the various loans and facilities on BioMed's balance sheet and will communicate responsively and effectively with lenders, servicers, BioMed executive officers, and with Blackstone Capital Markets.

This position offers a hybrid work model, which includes 4 days in office and 1 day remotely. Hybrid work may be modified based on the needs of the company.

Key Duties and Responsibilities

• Debt Transaction Execution: Manage the execution of secured debt transactions to finance acquisitions, development starts, and opportunistic refinancing across various structures, including syndicated balance sheet loans, CMBS, mezzanine debt, and construction loans
• Prepare Financing Materials: Contribute to the preparation of valuation models, underwriting materials, and offering memoranda for financing transactions. Collaborate with in-house BioMed teams, Blackstone Sponsors, and brokers as needed
• Portfolio Management and Strategy: Lead analysis of the existing debt portfolio to identify opportunities for optimization and risk mitigation, advising on strategic initiatives and potential new financings
• Develop Presentations: Create and deliver presentations outlining capital markets strategies and recommendations to a variety of internal and external stakeholders
• Oversight of Due Diligence: Lead the coordination with internal groups, to address lender due diligence, Q&A sessions, and loan closing requirements, including property appraisals, site tours, rating agencies (CMBS), and development budgets, etc.
• Evaluate Credit Terms and Agreements: Review and analyze credit terms, loan agreements, and credit agreements in collaboration with deal teams and internal/external legal counsel throughout the transaction lifecycle
• Maintain Lender Relationships: Manage relationships with key stakeholders lenders and servicers as part of ongoing asset management, addressing collateral performance, consents, releases, extensions, and future advances in line with construction progress and milestones
• Collaborate with Internal Teams: Work with internal groups (FP&A, Asset Management, Investments) to support capital markets initiatives and deal analysis, including strategic reviews of the existing debt portfolio and evaluations of new development projects for potential debt placement
• Monitor Loan Covenants: Review loan covenant compliance and collaborate with accounting teams on pro-forma and sensitivity analyses for debt yield, DSCR, and other key debt metrics
• Debt Capital Markets Analysis: Provide ad-hoc analyses on debt capital markets, covering interest rate and liability management, credit profiles, and liquidity considerations related to the company's revolving credit facility

Education & Experience Required

• Bachelor's degree in Business Administration, Real Estate, Finance, or a related discipline
• 6 years of successful and relevant underwriting CRE/debt experience, including CMBS, Balance Sheet, Debt Fund or Agency execution
• Technical Proficiency: Advanced proficiency in Argus Enterprise (AE) modeling, Microsoft Excel (including complex formula composition and data organization/management), Microsoft Word and Microsoft PowerPoint

Competencies Most Critical for Success

• Advanced Financial Acumen: Expert level in financial modeling, valuation techniques, and risk assessment, with the ability to translate complex financial concepts into actionable insights
• Strategic/Critical Thinking: Expert at diagnosing factors at work, discerning variables and proposing alternatives to address capital requirements
• Problem-Solving: Provides solutions to complex problems, balancing risk and return considerations
• People Leadership: Mentor, develop, inspire and manage others in pursuit of team and organizational goals
• Collaboration/Teamwork: Builds and develop relationship capital with executives and sponsors sponsors, as well as collaborate effectively across internal departments and with external partners
• Excellent Communication Skills: Advanced verbal and written communication skills, capable of delivering clear and impactful presentations to diverse audiences
• Project Management: Advanced skill to manage multiple projects simultaneously, ensuring timely and successful completion of transaction processes
• Personal Leadership: Emulates company values, builds trust based on personal behaviors and decisions, and shows adaptability in response to feedback and experience

Salary: $126,000 - $158,000 per year bonus long term incentive benefits

The above represents the expected salary range for this job requisition. Ultimately, in determining pay, we'll consider location, experience, and other job-related factors.

Benefits

At BioMed Realty, we make sure you have the support and resources to leverage and develop your skills, secure your financial future, and take care of your health and well-being. BioMed Realty continually seeks to provide a workplace where everyone can be their authentic self. Through BioMed Realty's competitive benefits offerings and various training and development opportunities, we have you covered with our Benefits Program which includes:

• Employer-Paid Medical, Dental, and Vision Insurance
• Paid Time Off and Paid Family Leave Benefits
• 401(k) Retirement Savings Plan
• Tuition Reimbursement
• Flexible Spending Accounts
• Commuter Benefits
• Lifestyle Spending Account
• Pet Insurance
• ID Theft Insurance
• Legal Insurance
• Employee Assistance Program
• 100% Employer-Paid Life & AD&D Insurance, Short and Long Term Disability

Amenities

• Onsite Gym
• Complimentary Snacks, Fresh Fruit, Cold Brew Coffee, Kombucha and Soda Water Provided
• Dry Cleaning Services Onsite

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