Who we are
At Corebridge Financial, Action is Everything. We are a new company, but not a new business. Corebridge Financial Investments is one of the key drivers of revenue and profitability. We manage over $200 billion in assets on behalf of Corebridge Financial, its affiliates, and third-party clients across multiple asset classes. Our investment platform spans public and private credit, real estate debt and equity, and public and private equity. The team is comprised of portfolio managers, research analysts, product owners, loan originators and underwriters, and other investment professionals endeavoring to provide strong returns on our clients’ invested capital.
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.
Summary of 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.
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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.
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Prepares and presents credit memos for committee approval.
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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.
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Performs cash flow, valuation and stress testing analysis using Argus, Excel and CBRG risk modelling tools.
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Reviews and analyses third party due diligence reports including valuation, technical and environmental, legal property title, insurance and tax.
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Performs site/property inspections.
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Negotiates legal finance documentation alongside Origination and in-house Legal teams.
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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;
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Evaluates initial underwriting of new opportunities and assisting Origination team on loan structuring and pricing for new quotes and term sheets;
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Conducts market research on macro, lending and real estate market trends for credit memos and ad-hoc internal reports and sector white papers.
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Assists Asset Management team on loan modification and consent requests.
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Attends industry seminars, presentations and networking events.
Requirements of the role
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Bachelor’s degree from leading university required.
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Professional qualifications such as CFA are a plus.
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3-6 years of relevant commercial real estate finance experience, ideally from lending and/or legal real estate finance roles.
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Robust analytical skills required in addition to strong organisational, leadership and communication skills (written and verbal).
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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.
A look at our benefits
We’re proud to offer a range of employee benefits and resources that help you protect what matters most – your health care, savings, financial protection, and wellbeing. We provide a variety of leaves for personal, health, family, and military needs. For example, the “Giving Back” program allows you to take up to 16 hours a year to volunteer in your community.
We also believe in fostering our employees’ development and offer a range of learning opportunities for employees to hone their professional skills to position themselves for the next steps of their careers. Corebridge Financial also has a tuition reimbursement program for eligible employees to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.
We are an Equal Opportunity Employer
Corebridge Financial, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At Corebridge Financial, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for 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 people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit: www.corebridgefinancial.com
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. 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 [email protected]. Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
IN - Investment
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
Corebridge Institutional Investments Europe Limited
