About the Position
Guggenheim Partners is seeking a CMBS Analyst to join its Investment Management division. Guggenheim Partners Investment Management (GPIM) manages approximately $7 billion in the Commercial Mortgage Backed Securities sector across a variety of total return and life insurance strategies. The CMBS Analyst will be responsible for reviewing all collateral and structural aspects of CMBS transactions with primary responsibility for evaluating and underwriting commercial mortgage loans and commercial properties. The CMBS Analyst will also be responsible for credit surveillance of existing positions and maintaining credit risk reports for Sector Lead and Senior Management. The position is located in Santa Monica.
Specific Responsibilities Include
·Underwrite commercial mortgage loans in connection with CMBS investments including Conduit, CRE CLO, SASB, and SFR.
·Maintain up-to-date data, market information, and views on the health of commercial property types and commercial property markets and risks and opportunities therein.
·Assist in development of ad-hoc research notes, credit memos, and monthly/quarterly credit reporting for CMBS positions.
·Build and maintain strong business relationships with investment banks, brokerage firms, issuers, and rating agencies, etc.
·Develop and assist in presentations to senior management, sales and marketing, and clients.
·Support trading function with timely research and collateral updates.
·Develop expertise with existing underwriting tools and models
·Work with groups throughout Guggenheim to employ expertise on structure and collateral.
·Identify opportunities to expand the scope and success of our business.
Skills & Experience Required
·5+ years in commercial mortgage lending and/or commercial property valuation (required)
·Experience with CMBS (preferred)
·MBA and CFA or equivalent educational background.
·Strong credit, finance, economic, business and technical skills.
·Intermediate to advanced Excel skills
·Strong written and verbal communication skills
·Knowledge of CMBS credit models, uses, and limitations
·Ability to multi-task across analytical, administrative, and research activities in a detail-oriented and timely manner.
·Strong commitment to performance and accuracy of work product.
·Team oriented individual with ability to work well with diverse groups.
About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, with expertise in fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our team of investment professionals performs rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification opportunities and attractive long-term results.
To succeed in the Guggenheim culture, candidates must be self-starters and strive for results. We are looking for people, who operate as business owners, adhere to the highest standards and think creatively to realize opportunities, wherever they may be.
Guggenheim Partners is an Equal Opportunity Employer committed to a diversified and inclusive workforce.