What are the responsibilities and job description for the Sr. Analyst, Loan Resource Group position at CIM Group LP?
ABOUT CIM GROUP :
CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 1,000 employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!
POSITION PURPOSE :
Serve as an Senior Analyst within the loan asset management function of CIM's growing commercial real estate lending platform. The Senior Analyst- Loan Resource Group is primarily responsible for ongoing, front-line management of construction, bridge, and other commercial real estate loans for CIM's various credit vehicles. CIM's credit vehicles currently consist of over $6B AUM, with an average balance of $120mm , primarily through office, multi-family, hospitality, and industrial property types in major markets.
ESSENTIAL FUNCTIONS :
- Create and present a quarterly asset summary reports that concisely summarize (a) loan, (b) collateral, (c) market, and (d) sponsorrisks, mitigants and trends.
- Re-underwrite and re-value CRE loan collateral (mainly office, hospitality, MF, and industrial) by creating 5-year cash flow proformas using Argus and Excel.
- Help the team lead manage the post-closing relationship with CIM's sponsors / borrowers, including providing research-driven recommendations and analysis with respect to lease approvals, construction draws, rebalancing requirements, asset dispositions, special servicing, and REO transactions.
- Coordinate among various CIM departments, including the Investments Group, Legal, Development, Leasing, Property Management to leverage in-house expertise when conducting analysis.
- Monitor asset-level compliance with loan covenants (i.e. debt yield tests, cash flow sweeps, extension tests).
- Oversee external servicer and construction consultants to review and fund borrower loan advance requests.
- Work with CIM's internal and external loan servicers to efficiently receive high-quality data and ensure borrower relationships are maintained, and borrower requests are processed timely with a focus on creating positive client experiences.
EDUCATION / EXPERIENCE REQUIREMENTS :
KNOWLEDGE, SKILLS, AND ABILITIES :
WHAT CIM OFFERS :
At CIM, we believe our success stems from our collective efforts, and we are committed to providing well-rounded support and resources for our employees. In addition to a competitive compensation plan, CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits, including :
Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget.
HOW WE FEEL ABOUT DIVERSITY AND INCLUSION :
At CIM Group, we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment, allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer, we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.
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