Assistant Vice President - Commercial Mortgage

Who We Are
At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.
We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:
     • We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners
     • We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders
     • We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future
     • We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work

Who You’ll Work With

The Commercial Mortgage Lending (CML) department is responsible for handling multiple types of transactions including: whole loans, syndicated loans and CMBS, with deals sizes that vary significantly from $10 million to $250 million.  The team originates highly-quality mortgage loans to continue to meet the increasing demand for commercial mortgage loans.  

About The Role

We are looking for an Assistant Vice President - Commercial Mortgage working in our London office.  Position will understand multiple types of transactions and structure including: whole loans and syndicated loans with deals sizes and structures that vary significantly.

Responsibilities

• Leads loan transaction execution process through due diligence, documentation and closing phases alongside Origination and in-house Legal teams.  Requires strong transaction management and communication skills.

• Prepares and presents credit memos for committee approval.

• Liaising with brokers, valuers and independent research providers to understand market trends and source transaction-specific investment and rental comparables and general market data (macro and real estate) to support underwriting.

• Performs cash flow, valuation and stress testing analysis using Argus, Excel and CBRG risk modelling tools.

• Reviews and analyses third party due diligence reports including valuation, technical and environmental, legal property title, insurance and tax.

• Performs site/property inspections.

• Negotiates legal finance documentation alongside Origination and in-house Legal teams.

• Manages internal loan closing processes including execution of cross-currency hedging (through CRBG Global Capital Markets team), completing pre-trade checks, arranging funding and co-ordinating hand-over to the Asset Management team;

• Evaluates initial underwriting of new opportunities and assisting Origination team on loan structuring and pricing for new quotes and term sheets;

• Conducts market research on macro, lending and real estate market trends for credit memos and ad-hoc internal reports and sector white papers.

• Assists Asset Management team on loan modification and consent requests.

• Attends industry seminars, presentations and networking events.

Please note this is not an exhaustive list of all responsibilities of the position, and the requirements of the job may change in line with business needs.

Skills and Qualifications

• Bachelor’s degree from leading university required.

• Professional qualifications such as CFA are a plus.

• 3-6 years of relevant commercial real estate finance experience, ideally from lending and/or legal real estate finance roles.   

• Robust analytical skills required in addition to strong organisational, leadership and communication skills (written and verbal).

• The team operates across a broad range of different loan structures (billateral whole loans, club deals, construction loans, senior/mezz, back leverage, etc.), real estate sectors and jurisdictions across Europe and on large loans ($50-$200m) for institutional Sponsors. Therefore, preference will be given for candidates with relevant experience.

Why Corebridge?
At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.
Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer
Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com.  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.
We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Functional Area:

IN - Investment

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

Corebridge Institutional Investments Europe Limited