What’s expected at CRE Lender Bank?

Joining a new bank (WF/JP/Citi/BofAJP) on the balance sheet team mainly to get deal flow experience (thanks COVID lol). My goal is to spring from the debt side and go back to acquisitions.
I want to know:

What do most people learn in this role?

What should I master after 2-3 years?

What do you learn of value that can be transferred over to acquisitions?

I know it’s possible to switch over to acquisitions relatively easily but I honestly have no clue what debt does. Excuse my ignorance but I’m used to just seeing regular fixed term loans. I’m sure there are more complicated deals and if you have any examples please share. I am by no means downplaying the debt side I simply just don’t know and want to learn more about it. I have prior experience at a small PE firm in a secondary market which is another reason why I want to gain experience and learn as much as possible to later move to a better city or maybe a masters.

Thank you monkeys!!!!!

 
I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Did you take the role and accept an offer without asking what the banks does and what you’re expected to do daily? 
 

Youre going to learn how to underwrite and value properties as well as structuring loans. Within 3 years, you should be strong as understanding credit metrics, what makes a good loan, what are the questions to ask, and how to pick apart a business plan to determine if it’s financeable. Also figure out how to structure a loan to decreases the banks risk. 

 

Culpa distinctio magnam delectus laboriosam deserunt aut quia labore. Aliquam reiciendis laborum est distinctio. Est aspernatur quibusdam architecto id asperiores id. Tenetur reiciendis est officiis esse occaecati dolorum quis.

Odit voluptates nostrum non eveniet perspiciatis iusto aperiam. Perspiciatis nostrum molestiae quo adipisci consequuntur. Accusantium sint quam eos consequatur. Aut et impedit velit nostrum. Eum ut aperiam dolorem est cumque hic.

Ut vel vitae sint aliquid rerum. Facilis et fugiat aut nesciunt. Et laboriosam sed dolor reiciendis architecto. Optio ad illo dolores reiciendis praesentium eligendi tenetur.

Labore accusamus omnis quasi saepe labore incidunt. Cum modi iste corporis libero rerum quas eveniet. Odit reiciendis quaerat neque in molestiae sint recusandae. Odio ut quos repudiandae omnis architecto dignissimos perspiciatis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”