PGIM Real Estate -Senior Investment Associate

Job Classification:
Investment Management - Investments

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration.

When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.

At PGIM, You Can!

• PGIM Real Estate’s Originations team engages in all aspects of the loan origination process.
• As a Senior Investment Associate on the Northeast Originations team, you will facilitate originations of multifamily and commercial real estate debt investments for Prudential's wide variety of capital sources including general account, separate accounts, core plus debt fund, structured debt strategies, Fannie Mae, Freddie Mac, and FHA.
• This person will join a fully integrated mortgage origination team responsible for $2.5billion+ of annual production.
• The expectation is that the Senior Investment Associate will develop and leverage internal and external relationships to guide all transactions through the approval and closing process.
• The individual will assume a leadership role in assisting the team with daily operations, including training and oversight for the team’s analysts, which includes reviewing underwriting and case file/authorization packages.

• Assist Loan Officers in all aspects of the loan origination and closing process, including analysis and underwriting, debt structuring, pricing strategy, creating presentations to senior management for pricing and loan authorization, due diligence review, transaction negotiation and closing.
• Participate in all aspects of Core Plus transactions, including initial screening, underwriting, modeling, term sheet completion/negotiation, and compiling Investment Committee/loan authorization materials.
• Manage legal aspects of the loan origination/closing process.
• Provide market knowledge/expertise, becoming well versed in the region for which the team is responsible.
• Assist analysts and associates with closing and due diligence review.
• Manage training and oversight for analysts and associates.
• Interact with existing and prospective borrowers, intermediaries, industry peers, and the legal community on deals.
• Develop internal relationships with the Credit and Portfolio Management teams.
• Foster external relationships with prospective borrowers and intermediaries, maintaining enduring relationships with existing clients across the platform.
• Develop expertise in all PGIM systems necessary for the originations process, i.e., Salesforce, Omnia, Loan Connect, etc.

• Bachelor's Degree and 5+ years of experience in commercial real estate lending
• A credit mindset and the ability to review, structure and underwrite loans to mitigate risks corresponding to the needs of PGIM’s various capital sources.
• Strong quantitative skills and demonstrated analytical ability.
• Excellent organizational skills and attention to detail with ability to manage multiple projects simultaneously.
• Outstanding written, oral communication, and interpersonal skills.
• Ability to work both independently and as an integral member of a team.
• Proficiency in MS Office applications, (Excel, Word, and PowerPoint)…