KEY RESPONSIBILITIES:

• Conduct and support the implementation of loan workout strategies for non-performing loans.
• Engagement of and interaction with third party consultants including attorneys, receivers, management/leasing companies, appraisers, and environmental engineers.
• Provide comprehensive analysis and support for non-performing loan and real estate portfolio underwriting.
• Thorough understanding of and compliance with the governing loan documents (if any), loan servicing agreements, REMIC regulations, investor reporting requirements and state and federal laws governing foreclosures, receivership actions, and bankruptcies.
• Presentation and recommendation of resolution strategies to company leadership.
• Support asset managers in quarterly business planning and cash flow preparations and projections.
• Strong organizational skills with the ability to manage multiple priorities.
• Initiative, including the ability to complete complex tasks timely and independently.

JOB SPECIFICATIONS:

• Bachelor’s Degree from an accredited university is required, preferably specializing in Commercial Real Estate or Financial related fields.
• Minimum of 3 years experience in the workout of non-performing commercial real estate loans or asset dispositions.
• Advance knowledge of commercial real estate, fixed income, and general financial concepts.
• Knowledge of bank, conventional, agency, and/or commercial mortgage-backed securities origination and servicing is recommended.
• Ability to underwrite commercial real estate and/or residential acquisition, development, and construction transactions, as well as possess excellent verbal and written communication skills.
• High level proficiency working with Microsoft Excel, Word, and PowerPoint, in addition to a basic competency working with Argus and CRE Market Data Providers.
• Adaptable and flexible team player, who can collaborate with various internal and external teams while driving projects forward efficiently.

While performing the duties of this job, the Associate is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop. The Associate must occasionally lift and/or move up to 25 pounds. Evening or weekend work may be necessary to meet deadlines.

This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties.

Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information (including family medical history), or any other legally protected status.

Our company uses E-Verify to confirm the employment eligibility of all newly hired employees.

To learn more about E-Verify, including your rights and responsibilities please visit: e-verify.gov.