Capital Market Associate - Real Estate Debt

Employer: DWS Group

Title: Capital Markets Associate

Location: Chicago, Illinois

Job Code: #LI-LV2 #LI-02

About DWS:

Today, markets face a whole new set of pressures - but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We're looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That's why we are 'Investors for a new now'.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients' financial future. And in return, we'll give you the support and platform to develop new skills, make an impact and work alongside some of the industry's greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

This is your chance to invest in your future.

Read more about DWS and who we are here.

Team / Division Overview

The Debt Capital Markets group is responsible for arranging, negotiating, and closing debt financings with the DWS Direct Real Estate platform. Financings include, but are not limited to, long-term mortgage debt, construction financing, interim acquisition debt, unsecured and secured credit facilities, private note placements and preferred equity offerings. The Debt Capital Markets group also facilities loan assumptions in conjunction with property acquisitions and monitors our direct real estate debt portfolio on an ongoing basis.

Role Details

As a/an Capital Markets Associate you will (be):

• Work directly alongside the Head of Capital Markets to cultivate and develop existing new lender, broker, joint venture partner, legal and other industry relationships to assist with deal flow and solidify/share market and debt product expertise.

• Monitor upcoming loan maturities and work with the Head of Capital Markets to provide guidance to Portfolio Management when evaluating refinance options. Track upcoming loan maturities and client's financing needs. The type of financing (long versus short term, floating versus fixed rate, amount of leverage, lender type) is determined through a dialogue between Debt Capital Markets and the Portfolio Management and/or Acquisitions departments. The ultimate recommendation is made by Debt Capital Markets with support from Portfolio Management.

• Work directly with the Head of Capital Markets to market transactions to 65+ lenders across various lender types (Life Insurance Companies, Banks, CMBS, Agencies, Debt Funds, Other) to best determine all available financing options available for a specific transaction and client. Coordinate the loan closing process including the negotiation of loan documents with outside counsel.

• Facilitate with other divisions of DWS in the closing process, including: (i) Risk Management, which reviews insurance language and provisions, (ii) Fund Finance in conjunction with Fund Administrators, (iii) Engineering (iv) Asset Management and Portfolio Management and (v) Business Advisory.

• Help maintain a Pipeline Report which tracks the year's active and closed financings as well as upcoming maturities. The report is distributed to the DWS Chief Financial Officer and the DWS Chief Investment Officer. Report other transactional statistical data to Client Coverage and the broader Direct Real Estate team.

• Actively oversee loan data maintenance within the Chatham Debt Management Platform.

• Ensure that the process involving the sourcing, approval, closing, transition, documentation, and reporting of all debt transactions are completed accurately and in a timely manner and ensure that all fees are paid accordingly and ensures that all these processes are performed accurately and completed within the applicable timelines.

• Review the need for hedging through derivative products and determine the appropriate derivative instrument and engage in derivative transactions. Regularly monitor the status of existing derivatives as well as short term and long-term hedging needs.

• Assist in producing and sharing quarterly debt capital market interest rate intel with the Portfolio Management and CFO team for use in debt valuations for both secured and unsecured debt. Gather market data from various sources including recent loan proposals, industry data, conversations with lenders, and broker data point to facilitate the debt valuation process.

We are looking for:

• 3 or more years of experience in commercial real estate areas including finance and loan originations

• Highly motivated self-starter with the ability to work in a team environment

• Excellent quantitative and analytical skills

• Experience with Chatham Debt Management, Yardi Financial, Excel

• Ability to manage multiple transactions simultaneously and work in a fast-paced environment with limited supervision

• Ability to partner with internal groups on debt process including acquisitions, asset management, portfolio management, fund finance, risk management, and engineering.

• Attend industry conferences such as MBA

License(s) required:

• None

What we'll offer you:

At DWS we're serious about diversity, equity and creating an inclusive culture where colleagues can be themselves sand it's important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS, you'll have access to a range of benefits which you can choose from to create a personalized plan unique to your lifestyle. Whether you're interested in healthcare, company perks, or are thinking about your retirement plan, there's something for everyone.

The salary range for this position in Chicago is $91,000 to $146,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

At DWS, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

DWS' Hybrid Working model is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home. Each business group varies on the split between time spent in the office and at home, but this will be discussed and made clear as part of your application and interview process. We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.

If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview or providing assistance when at the DWS office. This will not affect your application and your recruitment team will discuss options with you.

Privacy Statement

The California Consumer Privacy Act outlines how companies can use personal information. Clickhereto view DWS' Privacy Notice.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act;Employee Polygraph Protection ActandPay Transparency Nondiscrimination Provision.