Associate - Commercial Real Estate

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Date: Jul 28, 2022

Location: New York, NY, US

Company: New York Life Insurance Co

 

 

When you join New York Life Investments, a wholly owned subsidiary of New York Life Insurance Company, you are joining a global investment company with a long history and passion for career development, innovation, collaboration, and diversity, equity and inclusion. We want employees to feel proud about being part of a company that is committed to doing the right thing. Through various resources and programs, you can grow your career while developing personally and professionally. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

 

As a top 25 global asset management firm with more than $600 billion in assets under management, we have an important mission: to help build a better financial future for our clients, our employees, and our communities. We invite you to bring your talents to New York Life Investments, so we can continue to help people achieve their financial aspirations. To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

 

 

New York Life Real Estate Investors (NYLREI) is the real estate investment arm of one of the nation’s largest mutual life insurance companies.  NYLREI manages over $60 billion in client assets, including commercial mortgages, commercial mortgage-backed securities (CMBS), direct equity real estate ownership and other real estate related investments on behalf of both third-party institutional investors and New York Life. This is a HYBRID opportunity.

 

New York Life Real Estate Investors NYLREI has an immediate opening for an Associate in our Commercial Mortgage-Backed Securities (CMBS) and real estate capital markets group. 

 

The position will entail the following responsibilities:

 

  • Working with senior members of the team, assisting in collateral loan analysis of the CMBS we buy, sell or hold; and ascertaining how the performance of the underlying loans affects the credit worthiness and performance of the related CMBS bonds.
  • The production and distribution of portfolio reporting for clients and other constituents.
  • Assist in portfolio surveillance including identification of potential emerging investment risks and opportunities.
  • Maintain and improve existing modeling infrastructure utilized to identify new investment opportunities and conduct portfolio surveillance.
  • Assisting with market research, web-based data mining, cash flow modeling, and database analysis.

 

The ideal candidate should be self-motivated and able to handle multiple simultaneous work assignments.  They should be comfortable working in a team environment and have effective verbal and written communications skills.  The role requires strong computer modeling skills, including advanced knowledge of MS Excel and ability to work with large data sets.  The successful candidate will possess up to two years of experience in financial or quantitative analysis or similar educational background as well as a demonstrated interest in commercial real estate.

 

Diversity and Inclusion

NYLREI fosters a work environment that values diversity of thought, backgrounds, and experiences. The firm’s culture supports a diversity philosophy built on a foundation of inclusion, where all individuals can succeed.

 

Comprehensive Benefits

As part of our comprehensive benefits package, NYLI offers flexible health care options, medical and dental plans, retirement benefits (401(k) with company match and variable company contribution), tuition reimbursement for professional development, company-sponsored gym facilities, and much more.

 

Job Requisition ID: 86822

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

 

 

 

 

 

 


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Nearest Secondary Market: New York City

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