Cmbs Portfolio Surveillance Analyst - Senior Associate Credit & Asset Management

Overview:

Founded in 1988 and headquartered in Atlanta, Georgia Trimont (www.trimont.com) is a specialized global commercial real estate loan services provider and partner for lenders and investors seeking the infrastructure and capabilities needed to make informed, effective decisions related to the deployment, management and administration of commercial real estate secured credit.

We do this with a team of 1100+ extraordinary Team Members who serve a global client base from offices in Atlanta, Bengaluru, Charlotte, Dallas, Hyderabad, Kansas City, London, New York and Sydney. We empower our skilled global teams by equipping them with the necessary knowledge and advanced technology, as well as fostering a culture driven by values. This approach helps our teams excel and build meaningful client relationships, while providing the highest quality service and feeling proud of the work they do.

Trimont is an innovative firm where visionary professionals come to learn, grow, and thrive with colleagues driven by curiosity and collaboration.

Learn: We believe ongoing learning is critical and are focused on providing a work environment where all team members can take ownership of their careers.

Grow: We work alongside the largest institutional lenders in the world, overseeing the most significant projects in the industry. This unique opportunity allows us to broaden our skillset and develop our abilities by tackling some of the industry's most challenging and exciting endeavors.

Thrive: Our firm is a place where ethics and excellence meet to create an experience that matches our capabilities. There are no limits to what we as team members as an organization, can achieve together.

Job Summary:

We are seeking a detail-oriented and analytically driven Commercial Mortgage-backed Securities (CMBS) Single-Asset, Single-Borrower (SASB) Portfolio Senior Associate Surveillance Analyst to join our team. This senior associate-level role is responsible for monitoring, analyzing, and reporting on a portfolio of SASB and CMBS. The ideal candidate will possess a solid understanding of CMBS structures, tranching, underwriting processes, and legal documentation review. This position requires strong skills in credit analysis, financial modeling, market analysis and a keen ability to assess risk across complex transactions.

Responsibilities:

• Portfolio Surveillance: Monitor the ongoing performance of assigned SASB CMBS assets, identifying emerging risks and trends that may impact credit quality or valuation.
• Credit Analysis: Evaluate property-level and loan-level performance, including Debt Service Coverage Ratio (DSCR), Loan-to-Value ratio (LTV), occupancy, and rent rolls, to assess ongoing creditworthiness.
• Document Review: Review and interpret preliminary offering memoranda, term sheets, loan agreements, and other transaction documents to ensure accuracy and compliance with underwriting standards.
• Tranching Analysis: Analyze transaction structures, including tranching and waterfall mechanics, to assess cash flow allocations and risk distribution among bondholders.
• Reporting: Prepare detailed surveillance reports, asset summaries, and risk assessments for both internal stakeholders and external investors.
• Covenant Monitoring: Track and report on loan covenants, triggers, and performance milestones, escalating issues as needed.
• Collaboration: Work closely with asset managers, legal, and underwriting teams to provide ongoing support and respond to investor or rating agency inquiries.
• Market Research: Stay informed of market trends, property sector developments, and regulatory changes affecting SASB CMBS transactions.

Required Qualifications:

• Bachelor's degree in Finance, Real Estate, Economics, Accounting, or a related field.
• 3 years of relevant experience in CMBS surveillance, underwriting, or asset management, with a focus on SASB transactions preferred.
• Strong understanding of CMBS deal structures, tranching, and securitization concepts.
• Demonstrated experience reviewing and interpreting offering memoranda, term sheets, and loan agreements.
• Proficiency in financial modeling and analysis using Excel or similar tools; experience with CMBS analytics platforms a plus.
• Excellent written and verbal communication skills, with the ability to distill complex issues for diverse audiences.
• Strong organizational skills and attention to detail, capable of managing priorities efficiently in a dynamic environment.
• Ability to work both independently and collaboratively across functional teams.
• Experience with Intex, Trepp, or similar CMBS surveillance platforms preferred.
• Familiarity with Commercial Real Estate (CRE) property operations and market fundamentals preferred.
• Exposure to credit rating agency methodologies preferred.

Trimont is an equal opportunity employer, and we're proud to support and celebrate diversity in the workplace. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.