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BNY Mellon5 days ago

Specialist II, Real Estate Lending

On-site · New York City, New York, United States

Type
Full Time
Level
Mid Level
Education
Bachelors Degree
Company size
Enterprise
Industry
Financial Services

Job Summary

Specialist II, Real Estate Lending supports Client Executives in Commercial Real Estate (CRE) across the full lending lifecycle—from screening and origination through underwriting, closing, and portfolio monitoring with a strong emphasis on credit analysis, risk assessment, and regulatory compliance. Responsibilities include deal screening and underwriting for Public REIT corporate revolvers and construction/project loans; preparing credit memos with narratives, risk assessments, mitigants, and recommendations; analyzing borrower/guarantor financials, cash flows, collateral structures, and sponsor strength; developing financial models and sensitivities (DSCR, LTV, coverage ratios, stress scenarios); coordinating with Risk and Credit Administration for timely approvals and documentation; ensuring adherence to internal credit policies and regulatory requirements; assisting with closing workflows and conditions precedent; monitoring covenant compliance and market indicators; supporting annual and interim reviews and client marketing/presentations; and mentoring junior analysts while contributing to platform/process improvements.

Required Qualifications

  • Bachelor’s degree in Finance or equivalent combination of education and experience is required
  • 0-3 years of total work experience, preferably in real estate lending or commercial banking preferred
  • Demonstrated experience in credit analysis, underwriting, and portfolio monitoring preferred
  • Experience with Public REITs, construction lending, project finance, or agency functions preferred
  • Familiarity with loan documentation, covenant structures, and regulatory reporting preferred
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BNY Mellon

Specialist II, Real Estate Lending

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