Job Details

Brio Real Estate is a Blackstone Real Estate portfolio company focused on real estate credit. Brio supports Blackstone's Real Estate Debt Strategies ("BREDS") investments across the globe. The company provides support across key functions, including corporate, transaction, and management services. The critical infrastructure and capabilities Brio provides for BREDS allows for effective support in the management of its global portfolio.

Today, BREDS has more than $76 billion of investor capital across high yield / opportunistic real estate credit funds, a publicly traded Mortgage REIT, and liquid securities strategies. BREDS is part of Blackstone Real Estate, the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector.

Job Summary

The RMBS Associate will assist the RMBS team in the credit underwriting and portfolio management of RMBS investments.

What you will do:

• Analyze the credit risk in RMBS/SFR transactions to include reviewing deal documents, reporting and research to formulate and substantiate a credit opinion.
• Perform portfolio surveillance to maintain risk ratings, monitor high-risk assets and provide periodic asset management updates.
• Prepare materials for internal and external presentations.
• Track issuer and industry trends as well as macroeconomic performance drivers which could impact portfolio holdings.

What you should have:

• Bachelor's degree in Finance, Data Science, STEM, or a related discipline from a Top 50 accredited college/university, with a minimum cumulative 3.5 GPA.
• 1+ years of relevant work experience in an RMBS credit role.
• Strong knowledge base of the residential real estate markets/trends and structured finance sector.
• Proficiency in SQL and Python for data analysis, portfolio surveillance, and automation of reporting workflows.
• Experience reviewing offering circulars, term sheets and rating agency reports.
• Experience with manipulating large datasets and programming knowledge a plus.
• Prior rating agency and/or cash flow modeling experience a plus.
• Highly analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining complex work processes.
• Strong interpersonal skills. Exceptional listener and communicator who effectively conveys information verbally and in writing.
• Resourceful team player who excels at building trusting relationships with clients and colleagues.
• Strong knowledge of Microsoft Office suite.
• Ability to travel 10-15% domestically.

EEO Statement

Brio Real Estate is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email ...@revantage.com