Capital Markets Affordable Housing Risk Officer - Associate

Job Title Municipal Capital Markets Affordable Housing Risk Officer - Associate

Corporate Title Associate

Location Jacksonville

Overview

The Commercial Real Estate (CRE) credit team is tasked with managing the real estate credit risk for Deutsche Bank's Commercial Real Estate Group. The Municipal Capital Markets Affordable Housing Risk Officer is responsible for handling approvals for loan and municipal bond financing of Affordable Housing related transactions. Additional tasks include setting and monitoring counterparty credit limits, reviewing due diligence and underwriting, and interfacing with senior management and Business personnel. You will be expected to review, challenge, analyze and recommend approvals/declines or new loan terms. The Risk Officer will act as an intermediary between the Business units, department heads and credit committees, assist in structuring transactions to achieve optimal risk/return outcomes, and monitor portfolio and financial/market developments within commercial real estate and related sectors.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You'll Do

• Monitor existing municipal capital markets bond and loans on affordable housing properties including sponsor/guarantor financial capacity, Watchlist credits, and the preparation of impairment analyses and memoranda as necessary

• Assist with the review and challenge of new transaction underwriting and memoranda

• Maintain data integrity for all names / transactions in Information Technology (IT) systems and assist with CRM(Credit Risk Management) - CRE's interactions with internal / external auditors

• Monitor the existing portfolio and financial/market developments within the affordable housing space to enhance response capability and corporate knowledge

• Act as an intermediary between the Business units, department heads and credit committees; Assist in structuring transactions to achieve optimal risk/return outcomes

Skills You'll Need

• Moderate multifamily and/or affordable housing real estate finance experience

• Ability to write succinctly and to communicate precisely

• Ability to analyze/review structured loans

• Experience working with internal and external auditors

Skills That Will Help You Excel

• Highly motivated with ability to work independently

• Excellent verbal and written communication skills

• Integrity

• Ability to multi-task

• Attention to detail

Expectations

It is the Bank's expectation that employees hired into this role will work in the Jacksonville, FL office in accordance with the Bank's hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in Jacksonville is $60,000 to $86,000.Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications.Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

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