Full-Time

Affordable CRE Coverage Banker

Grandbridge Real Estate Capital

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Compensation Overview

$150k - $300kAnnually

Senior, Expert

Seattle, WA, USA + 4 more

More locations: Los Angeles, CA, USA | Dallas, TX, USA | Phoenix, AZ, USA | Denver, CO, USA

Category
Real Estate
Real Estate Development
Real Estate Finance
Finance & Banking
Required Skills
Word/Pages/Docs
Salesforce
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in business, or equivalent education and related training.
  • Ten years of experience as an affordable housing specialist focused on Agency Financing.
  • Strong computer skills; including proficiency in Microsoft Word, Microsoft Excel, and Microsoft PowerPoint.
  • Understand the physical aspects of all commercial property types, typical real estate lending parameters, interest rate structures, and tests of reasonableness.
  • Highly organized.
  • High attention to detail.
  • Ability to meet deadlines.
  • Ability to simultaneously handle a variety of assignments.
  • Excellent written and verbal communication skills.
  • Ability to travel.
Responsibilities
  • Leverage the Truist CRE platform to consistently deliver a differentiated client experience for these top relationship clients of the bank.
  • Extensive understanding and experience in targeted affordable housing.
  • Market Fannie Mae, Freddie Mac, and FHA loan programs to current and potential new borrowers.
  • Proactively contact clients to fully develop relationship as well as to address any current needs that they may have regarding debt financing for both affordable and market rate housing.
  • Provide the clients with varying financing options that is best suited for the client’s needs.
  • Research and understand the real estate markets in which your clients operate.
  • Develop and implement an annual marketing plan that informs borrowers of the services provided by Grandbridge/Truist.
  • Perform preliminary underwriting of the loan and properly identify the most probable lenders.
  • Work with support staff, underwriting and credit in the preparation of the preliminary and final loan submissions.
  • Work with support staff to maintain client/pipeline data in Salesforce.
Desired Qualifications
  • Master of Business Administration (MBA) or Master’s degree in Finance or Real Estate.
  • Proficiency in Salesforce, CoStar, Trepp and Argus.
  • Deep understanding of Fannie Mae and Freddie Mac lending programs.

Truist offers a platform for Registered Investment Advisors (RIAs) to improve their operations and client services. Its features include live chat support, commission-free fractional share trading, a model marketplace, and an automated rebalancer, which help RIAs manage their businesses more efficiently. Unlike competitors, Truist provides these services for free and monetizes through a vertically-integrated custodian service, aiming to reduce overhead costs for RIAs. The company's goal is to empower RIAs to grow their businesses and enhance client experiences.

Company Stage

Series E

Total Funding

$437.2M

Headquarters

Culver City, California

Founded

2018

Growth & Insights
Headcount

6 month growth

5%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Altruist raised $169M in Series E funding, boosting growth and innovation potential.
  • Partnerships with Orion and Kwanti enhance Altruist's platform integration and service offerings.
  • Increased demand for digital transformation in financial services aligns with Altruist's tech solutions.

What critics are saying

  • Competition from firms like Betterment and Wealthfront pressures Altruist to innovate continuously.
  • Integration with Orion and Kwanti may pose operational risks if not seamless.
  • New digital fixed-income trading could attract regulatory scrutiny if compliance is lacking.

What makes Truist unique

  • Altruist offers a simplified tech stack for RIAs, enhancing operational efficiency.
  • The platform includes commission-free trading and an automated rebalancer for cost-effective solutions.
  • Altruist's model marketplace provides personalized investment strategies, catering to diverse client needs.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Company Equity