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BNY

Senior Specialist, Real Estate Lending

BNY

. Support the end-to-end underwriting process for Public REIT corporate revolvers and construction/project loans .

Posted 10/15/2026full-timeNew York City • New York • United StatesSenior💰 $59,000 - $114,000 per yearWebsite

About the role

Key responsibilities & impact
  • Support the end-to-end underwriting process for Public REIT corporate revolvers and construction/project loans
  • Prepare credit memos with narratives, risk assessments, mitigants, and recommendations
  • Analyze borrower and guarantor financials, cash flows, collateral structures, market conditions, and sponsor strength
  • Develop and maintain financial models and sensitivities, including DSCR, LTV, coverage ratios, and stress scenarios
  • Assess creditworthiness using quantitative and qualitative frameworks
  • Coordinate with Risk and Credit Administration to support approvals and documentation
  • Ensure adherence to internal credit policies, rating methodologies, and regulatory requirements
  • Assist with closing workflows, documentation review, and conditions precedent tracking
  • Partner with Legal, Operations, and Risk to ensure accurate loan setup and funding
  • Prepare annual and interim reviews and update borrower ratings
  • Monitor covenant compliance, financial reporting, collateral valuations, and market indicators
  • Track regulatory reporting and internal controls; escalate exceptions and propose remediation plans
  • Assist with pitch materials, term sheets, and client presentations
  • Partner with Client Executives to support origination pipelines and client relationships
  • Provide guidance to junior analysts and associates
  • Contribute to platform and process enhancements

Requirements

What you’ll need
  • Bachelor’s degree in Finance or equivalent combination of education and experience is required
  • MBA is preferred
  • 3–5 years of total work experience, preferably in real estate lending or commercial banking
  • Demonstrated experience in credit analysis, underwriting, and portfolio monitoring preferred
  • Experience with Public REITs, construction lending, project finance, or agency functions preferred
  • Familiarity with loan documentation, covenant structures, and regulatory reporting preferred

Benefits

Comp & perks
  • Highly competitive compensation
  • Flexible global resources and tools
  • Wellbeing programs
  • Generous paid leaves
  • Paid volunteer time
  • 401(k) plan
  • Company-sponsored medical insurance
  • Company-sponsored dental insurance
  • Company-sponsored vision insurance
  • Basic life insurance for employees and eligible dependents
  • Vacation and sick time
  • Annual discretionary incentive award eligibility