Sr. Analyst, Agency Lending
Jones Lange Lasalle Inc.
2021-12-04 01:00:03
Milwaukee, Wisconsin, United States
Job type: fulltime
Job industry: Real Estate & Property
Job description
About JLL -
We're JLL-a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 91,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. That's why we're committed to our purpose to shape the future of real estate for a better world. We're using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.
Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we're honored to be recognized with awards for our success by organizations both globally and locally.
Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where we're headed in the future. And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.
If this job description resonates with you, we encourage you to apply even if you don't meet all of the requirements below. We're interested in getting to know you and what you bring to the table!
Summary/Objective:
The Senior Analyst, Production Support is responsible for supporting the growth of JLL's Fannie Mae multifamily debt platform through the support of the local production offices. This individual must exhibit strong knowledge in loan and real estate analysis. Further, Senior Analyst, Production Support must demonstrate ability for details, organization and an analytical orientation, and possess the initiative to work in an independent and reliable manner. The Senior Analyst will be relied upon to exercise independent judgement and discretion. In this role, you will review Fannie Mae Quote packages prepared by the JLL local office team for accuracy and completeness and, most importantly to assess the overall credit risk of the proposed loan and ensure it meets JLL and Fannie Mae credit tolerances. As part of this assessment you may be required to complete additional market research and property tours to determine acceptability of the proposed transaction. You work with all levels of staff and must interact effectively and independently with internal and external clients. Strong writing skills and a sense of urgency are essential.
Essential Functions:
* Serve as a subject matter expert regarding Fannie Mae lending programs and underwriting matters.
* Assist senior team members in sizing, structuring, and reviewing debt transactions. Responsible for the accuracy, thoroughness, and creditworthiness of the transactions he/she works on
* Perform financial analysis including trend and cap rate analysis, and proforma NOI and DSC calculations
* Analyze practical problems and resolve complex transactions when confronted with minimum detailed, concrete or standardized information
* Be the driving force in shepherding the loan request through Fannie Mae to obtain loan quote. Be in constant communication with team and JLL local office as to status and approval of the loan quote
* Develop and foster strong relationships with Fannie Mae
* Establish strong working relationships with internal clients (local offices) and external clients, creating high customer satisfaction.
* Conduct detailed economic and demographic research through the use of third-party information services to determine feasibility of transactions.
* Provide information and analysis through good communication skills (both verbal and written).
* Complete property site inspections, when necessary
* Additional duties as deemed necessary by management
Qualifications Required:
* Possess leadership skills
* Strong Microsoft Excel and Word proficiency, and willingness and ability to learn new technology
* Strong math, verbal, writing, and organizational skills
* Strong time management skills and ability to operate under demanding deadlines
* Ability to work independently, unsupervised, and as a team player
* Excellent interpersonal, communication, problem-solving and organizational skills with strong attention to detail
* Ability to multitask and work on several transactions simultaneously
* Ability to remain focused and organized in demanding situations
* Ability to recognize and mitigate risk
* Ability to travel as needed
Physical Demands:
Must be able to physically inspect multiple residences and common areas within an apartment complex, as well as inspect comparable properties within the market. Employee must be able to physically move about the apartment complex, which shall require standing and walking for extended periods of time, and climbing stairs. Inspections may also require the ability to sit, reach, and bend.
Travel shall include various modes of travels (including but not limited to planes, trains and automobiles) to different time zones and may require overnight lodging.
Education:
Undergraduate degree in a business-related field (i.e. Finance, Accounting, Real Estate, Business)
Experience:
1+ years in professional multifamily experience is preferred. Strong understanding of standard concepts, practices, and procedures associated with real estate finance, such as LTV, DSCR, capitalization rates, interest rates (fixed, variable, taxable, tax-exempt), etc. Agency experience (Fannie Mae, Freddie Mac, HUD) is preferred.
Expectations For All Employees:
All employees are expected to support the organization's mission, vision, and values by exhibiting the following behaviors: excellence and competence, collaboration, innovation, respect, personalization, commitment to our community, accountability, teamwork and ownership.
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What you can expect from us
We succeed together and believe the best inspire the best, so we invest in supporting each other, learning together and celebrating our success.
Our Total Rewards program reflects our commitment to helping you achieve your career ambitions, recognizing your contributions, investing in your well-being and providing competitive benefits and pay.
We can't wait to see where your ambitions take you at JLL. Apply today!
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Jones Lang LaSalle ("JLL") is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process - including the online application and/or overall selection process - you may email us at . This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.