PIMCO Prime Real Estate - Debt Portfolio Management, Commercial Real Estate

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

Job Purpose/Role

The position is based in Midtown Manhattan and will report to the Director of Debt Portfolio Management. We will hire at Analyst or Senior Analyst level dependent on experience.

Key Responsibilities

• Underwrite property level cash flows and perform property valuations.

• Assist in the review of debt investment committee memos for thoroughness, accuracy, and compliance with investment guidelines.

• Engage and assist in the review third party reports, including appraisals, PCA, ESA, and insurance.

• Monitoring of bridge/transitional loans including quarterly asset reviews, draw requests and cash management.

• Identify, monitor and value watchlist loans on an ongoing basis.

• Review, analyze and process borrower requests (modifications, extensions, assumptions, collateral releases, collateral substitutions, release of escrows/LC's/Master Leases, waiver of loan document provisions and major lease approvals) and other material loan events.

• Monitoring construction loans and working with co-lenders on construction draws.

• Assist in addressing investor loan and portfolio level inquiries in addition to ongoing investor reporting.

• Participating and/or lead ad hoc projects as necessary.

Key Requirements/Skills/Experience

• Bachelor's degree required (preferably in commercial real estate, finance or related discipline).

• 1- 4 years of experience required in portfolio management, underwriting, and/or credit risk role at an institutional lender.

• Experience in valuing multi-family, industrial, office and retail properties.

• Proficiency in financial modeling and creating presentations utilizing Microsoft Office (Excel, Word, PowerPoint) and Argus.

• Strong analytical skills, detail oriented, highly organized.

• Strong (verbal and written) communication skills.

• Team player with good interpersonal skills.

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.