USAA Real Estate

Senior Associate, Capital Markets (San Antonio, TX or New York, NY)

Job Location US-TX-San Antonio | US-NY-New York
ID
2022-2093
# of Openings
1

Company Overview

Along with its affiliate companies, USAA Real Estate invests across the risk spectrum for a global client base, managing over $36 billion in net assets under management within a diversified portfolio across North America and Europe.  USAA Real Estate provides strategic equity and debt capital, including to capitalize on the accelerating demand for technology-driven real estate assets, to meet the critical need for housing solutions, and for other market and capital structure opportunities exhibiting compelling risk-return characteristics.  For more information, visit usrealco.com.

 

USAA Real Estate is the brand name that applies to its affiliates and subsidiaries, including US Equity Advisors and Square Mile Capital Management, both of which are registered with the U.S. Securities and Exchange Commission as investment advisors. 

Job Description

Essential Duties:

  • Engage Third Party Reports
  • Track all incoming deposits, fees and lender expenses on a loan-by-loan basis
  • Prepare first drafts of internal closing statements - include tax escrow analysis, insurance escrow analysis, stub interest
  • Review settlement statements along with comparing internal net funding worksheets for accuracy
  • Lead all loan funding routines
  • Follow up with outside counsel on closing binders and closing counsel summary forms and ensure delivery to appropriate places
  • Manage the rate lock process for the team
  • Work with the Closing Team by reviewing and assisting the team with all KYC/AML requirements – ultimately take lead on individual loans with oversight by Head of Closing

Growth Expectations:

  • Maintain loan closing checklists working with deal teams to ensure up to date accuracy
  • Assist the Closing Team by reviewing and analyzing third party reports – ultimately take lead on individual loans with oversight by Head of Closing
  • Assist the Closing Team by reviewing borrower insurance working with consultants and borrowers on needed revisions – ultimately take lead on individual loans with oversight by Head of Closing
  • Assist the Closing Team on documentation matters – term sheets, loan applications and loan documents – ultimately take lead on these matters for individual loans with oversight by Head of Closing
  • Assist the Closing Team on documentation/closing issues and resolutions – ultimately take the lead on these matters for individual loans with oversight by Head of Closing
  • Assist the Closing Team by reviewing our internal Due Diligence Memos – ultimately take lead on individual DD Memos for individual loans with oversight by Head of Closing

Other:

  • Additional duties as assigned
  • Be flexible to requests from the asset management team and other team members

At USAA Real Estate our employees enjoy generous benefits packages including comprehensive medical, dental and vision plans, 401k, educational and professional designation assistance, business casual dress attire and much more! Qualified applicants must successfully complete a pre-employment background and drug screen. The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

 

USAA Real Estate Company is an Equal Opportunity and Affirmative Action Employer of Females, Minorities, Veterans and Disabled.

Requirements

  • Bachelor’s degree in Finance, Real Estate, Economics or related field. 
  • 3 to 5 years of experience in commercial real estate financing, investments, or loan servicing transactional role.
  • High level of proficiency in Excel is required.
  • Ability to regularly work extended hours.
  • Must be willing to work on-site and show proof of COVID-19 vaccination (or request and receive an authorized exemption)
  • Qualifications may warrant placement in a different job title.

Key Competencies:

  • Accuracy and attention to detail.
  • Ability to prioritize assignments to meet numerous deadlines.
  • Excellent analytical, quantitative and problem-solving skills.
  • Exceptional written and verbal communication skills.

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