PGIM Real Estate-Executive Director, Originations

Overview

Job Classification:
Investment Management - Investments

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we're always looking for ways to improve financial services. We're passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading global asset managers!

If you're not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that's investing in your future by shaping tomorrow today.

At PGIM, You Can!

PGIM Real Estate's Originations team engages in all aspects of the loan origination process. As an Executive Director, Originations, you would be directly responsible for sourcing and originating commercial real estate debt investments for our various investors. The expectation is that this person will assume direct originations responsibilities upon joining. We seek demonstrated experience successfully originating and negotiating commercial real estate loans as evidenced by a strong track record of closed loans over the past several years.

• Responsible for sourcing (directly and through partnering internally) and originating commercial real estate debt investments across the United States for PGIM's various investors.
• Responsible for managing all aspects of the loan origination process, including analysis, and underwriting, debt structuring, pricing strategy, presentations to senior management, due diligence review, transaction negotiation and closing.
• Developing relationships with prospective borrowers and intermediaries while maintaining and building enduring relationships with existing clients across PGIM's platform.
• Responsible for managing and developing a team of analysts and associates.

• Minimum 10 years of experience in commercial real estate lending, including substantial knowledge of the major markets in Northern California and the Pacific Northwest.
• A credit mindset and the ability to review, structure and underwrite loans to mitigate risks corresponding to the needs of PGIM's various capital sources.
• Excellent organizational skills and attention to detail with ability to manage multiple projects simultaneously.
• Outstanding written and oral communication skills.
• Ability to work both independently and as an integral member of a team.
• Management experience.

• MBA from a top program strongly preferred.
• Proficiency in MS Office applications (Excel, Word, and PowerPoint) and Argus strongly preferred.

PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

Note:
Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $230,000 to $260,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits.

With $207.9 billion in gross assets under management and administration ($133.8 billion net), PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum.

PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). PGIM Real Estate's risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing, and the local experience of professionals in 32 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world.

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• Market competitive base salaries, with a yearly bonus potential at every level.
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career…