Basic Information

Job Category: Accounting

Location: New York, New York, United States

Date published: 17-Jun-2022

Job type: Full Time

Description and Requirements

About the role

Business Officer

We are currently seeking a Business Officer to join its commercial real estate team in New York, NY.

Who we are:

Incorporated in Hong Kong in 1918, The Bank of East Asia, Limited ("BEA") is dedicated to providing comprehensive corporate banking, personal banking, wealth management, and investment services to its customers in Hong Kong, Mainland China, and other major markets around the world.

About the role:

Responsible for (i) modeling, preparing client presentation materials, writing internal deal screening memos, and assisting with annual reviews and credit applications, assisting in the structuring and execution of new commercial real estate financings, (ii) assisting in monitoring and reporting of the portfolio (iii) accomplishing compliance and reviews and (iii) assisting in the marketing efforts. 

What you’ll do:

Model asset level cash flows. Strong proficiency in Excel 
Prepare and assist in the preparation of detailed credit applications, screening memos, and presentations.
Prepare regular reports to be submitted by Department.
Monitor loan documentation and due diligence items using established and custom loan closing checklists.
Execute compliance due diligence
Oversee ongoing loan due diligence items during life of loan.
Participate in property inspections and market tours.
File, organize and maintain Department loan files and general files.
Participate in special projects as requested.

Education and Experience:

Bachelor’s degree from an accredited institution in a financial or related discipline; one to two year(s) related experience and/or training; or equivalent combination of education and experience.

Skills and abilities:

Working knowledge of Commercial Real Estate Equity capital structures as well as third parties involved in Real Estate Finance and Debt Capital Markets: i.e. specialized law firms, real estate valuation firms, consultants
Understanding of the Commercial Real Estate US market (i.e. office, retail, industrial/warehouse, multifamily)
Excellent analytical skills 
Effective written and verbal communication skills
Ability to collaborate to meet overall team goals

Salary Range:  $50,000 - $80,000

What we offer:

Benefits package available
401k plan

To Apply:
Please submit your resume via the “APPLY NOW” button
Equal Opportunity Employer