Analyst, Private Loan Operations

Brio Real Estate is a Blackstone Real Estate portfolio company focused on real estate credit. Brio supports Blackstone’s Real Estate Debt Strategies ("BREDS") investments across the globe. The company provides support across key functions, including corporate, transaction, and management services. The critical infrastructure and capabilities Brio provides for BREDS allows for effective support in the management of its global portfolio.

Today, BREDS has more than $76 billion of investor capital across high yield / opportunistic real estate credit funds, a publicly traded Mortgage REIT, and liquid securities strategies. BREDS is part of Blackstone Real Estate, the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector.

Brio Real Estate is a Blackstone Real Estate portfolio company focused on real estate credit. Brio supports Blackstone’s Real Estate Debt Strategies ("BREDS") investments across the globe. The company provides support across key functions, including corporate, transaction, and management services. The critical infrastructure and capabilities Brio provides for BREDS allows for effective support in the management of its global portfolio.

Today, BREDS has more than $76 billion of investor capital across high yield / opportunistic real estate credit funds, a publicly traded Mortgage REIT, and liquid securities strategies. BREDS is part of Blackstone Real Estate, the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector.

The Analyst of Servicing and Onboarding will help facilitate the day-to-day operations for a diverse and expanding portfolio of complex debt investments secured by commercial real estate and leveraged through a variety of financing structures. This client-facing role requires great attention to detail and a constant sense of urgency. Additionally, a proactive approach in managing tasks such as new asset and liability onboarding, facilitation of draw funding, review and final approval of remittance waterfalls, and preparation of monthly portfolio analytics is expected for this position.

• Review asset collection information from Servicers for accuracy and alignment with system accrual; following up on missing payments and confirming reasonableness for any accrual breaks.
• Compare repurchase obligation, asset-specific financing, and subscription lending invoices to system of record and resolve any discrepancies with accrual prior to release of payment.
• Approve and book monthly and quarterly Servicer remittance information into system.
• Obtain and review Payoff information prior to repayments. Ensure timely repayment to the liability counter party and receipt of net remittance, record final satisfaction activity within the system, and accelerate fee activity.
• Obtain approvals and prepare wire memos for Borrower draws, counter party expenses, and intercompany funds movement.
• Reconcile daily cash activity to activity recorded into system.
• Attend new loan pre-close meetings, fully onboard new asset and liability positions into the system and organize legal documentation on the drive.
• Review complex loan modification and maturity extension documentation and record new terms into system and organize legal documentation on the drive.
• Review and record fee activity into the fee calculator for both assets and liabilities determining appropriate accounting treatment of fee at time of entry.
• Prepare and enter Level-Yield recuts on fees into the system.
• Interact directly with Servicers, Asset Managers, and Back Leverage Counter parties.
• Submit entity onboarding request for counter party party wiring instruction set-up.
• Support facilitation of KYC requests from Servicers and Back Leverage Counter parties.
• Review and prepare commentary for month over month and quarter over quarter asset and liability performance analytics.
• Assist in QE confirmation process of verifying loan balances and accrual with Servicers and Back Leverage Counter parties.
• Participate in bi-weekly team calls and weekly investment vehicle meetings.

• Bachelor’s degree in Finance, Accounting, Real Estate or related discipline required.
• 1-3 years of experience in Loan Servicing, Banking, or Commercial Real Estate
• High standards and the ability to meet time-sensitive deadlines
• A proactive, accountable approach with a willingness to take ownership
• Adaptability and decisiveness, with the ability to…