Real Estate Loan Associate, Finance 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.

The finance & operations analyst will be part of Brio’s loan servicing and onboarding team and 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.

What you will do:

• Review asset collection information from servicers for accuracy and alignment with system accrual; follow-up on missing payments and confirming reasonableness for any accrual breaks.
• Compare credit facility lending invoices to the 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 financing counter party and receipt of net remittance, record payoff activity within the system.
• Obtain approvals and prepare wire memos for borrower draws, counter party expenses, and intercompany funds movement.
• Reconcile daily cash activity to the activity recorded into system.
• Attend new loan pre-close meetings with Blackstone team, review legal documentation, and fully onboard new asset and liability positions into the system.
• Review complex loan modification and maturity extension documentation and record new terms in the system.
• Interact directly with servicers, Blackstone asset managers, and financing counter parties.
• Review and coordinate work performed by BREDS offshore operations team and integrate into Brio workflows.
• Help facilitate KYC requests from servicers and financing counter parties.
• Prepare monthly and quarterly investment portfolio analytics for senior management.
• Participate in bi-weekly team calls and weekly investment vehicle meetings with the broader Blackstone team.

What you should have:

• Bachelor's degree in finance, accounting, real estate, or a related discipline (CPA a plus)
• 5+ years of loan servicing experience, gained within commercial real estate, portfolio accounting, or public accounting
• Experience across real estate finance structures — senior loans, mezzanine loans, intercreditor agreements, securitisations
• Strong contract review and negotiation experience, with the ability to interpret and simplify complex legal and credit documentation
• Advanced proficiency in MS Excel, with working knowledge of Word, Adobe, and standard email/office tools
• Proven ability to manage time-sensitive, high-volume transaction workflows with exceptional attention to detail and accuracy
• Strong written and verbal communication skills;…