Need Help with REIT Job Description

Hey guys,

Needed some help in figuring out this interesting job description, which seems like a dual role in Investments and Credit...would like to hear what people get from the description:

The Investment/Corporate Credit analyst will provide unbiased, well researched proprietary corporate and sponsor credit risk assessments across a wide range of company/sponsor, real estate types using any and all public and private data resources. The analyst’s primary role will be in support of the Net Lease Asset (NLA) initiative but secondarily in support of other Investment and Asset Management disciplines of the firm, as directed by the EVP-Credit and EVP-Investments. The analyst will participate in weekly meetings with the Investment Committee that provides direct access to all senior managers of the firm with visibility to the full span of the firm’s business activities. Members of the credit team are closely integrated with Investments and Asset Management and have direct influence on deal selection, pricing and structuring, both on the front end of a transaction with Investments (NLA being a subset) and in support of Asset Management when transactions undergo modification. The analyst will have exposure to all aspects of the NLA business, first and foremost in evaluating tenant and sponsor credit reporting directly to the EVP-Credit, but progressively and directly with the NLA principals on real estate analysis, property level due diligence, modeling lease economics, and lease documentation/negotiation that together will build into an ability to independently prescreen deals and ultimately direct originate. The Analyst will handle a variety of models and deal write-ups (including investment memos) and track all NLA deals and coordinate weekly NLA team meetings for deal pipeline review helping to identify and execute team priorities. The candidate should regard this as a closely mentored apprenticeship with the objective of developing into a well-rounded NLA executive over the long term.

Responsibilities

Tenant/sponsor data collection and analysis, including financial statement review, industry research, comparative company analysis, customer and other 3rd party checks, client interviews/site visits, etc. Simultaneously compile and analyze real estate data and incorporate into short and long-form investment memos.

Prepare summary of credit analysis and conclusions, including quarterly credit updates, credit prescreening memos, and tenant/credit risk assessments. Present focused conclusions in writing and verbally including presentations to the senior-most levels of the firm as transaction size and risk dictate.

Financial modeling, either vetting or building prospective tenant/sponsor projections, identify key driving assumptions, their reasonableness and resulting sensitivities. Learn and execute all aspects of NLA and joint venture modeling and return sensitivities.

Attend and participate in weekly Investment and Asset Management meetings

As the analyst establishes and grows her/his credibility, they will be introduced to and build their knowledge of a) lease documentation and b) property level due diligence. This will begin by recognizing tenant/sponsor and/or identified property level concerns and making suggestions for structural enhancements to address identified risks. The analyst will begin to assist in lease documentation review and negotiation in conjunction with NLA principals expand into all aspects of NLA transactional issues with the end objective of becoming a skilled and independent negotiator of complex financial transactions.

As NLA transactional expertise grows, the analyst will be able to independently prescreen/prepare/present new origination opportunities and ultimately direct source and close originations.