Franklin Templeton Investments

BSP Commercial Real Estate Analyst, Asset Management-836321

Posted on: 27 Feb 2021

New York City, New York

Job Description

Benefit Street Partners (BSP) is a leading credit-focused alternative asset management firm with approximately %2426 billion in assets under management. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. These complementary strategies leverage the proprietary sourcing, analytical, operational and compliance capabilities that encompass BSP's robust institutional platform.

BSP is a wholly owned subsidiary of Franklin Resources, Inc. that, together with its various subsidiaries, operates as Franklin Templeton. Together we are dedicated to delivering strong results and exceptional service to clients, team members and business partners. For over 65 years, Franklin Templeton's success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.

Benefit Street Partners Realty Trust (BSPRT) is a real estate investment trust (REIT) and subsidiary of BSP which seeks to acquire, originate and manage a diversified portfolio of commercial real estate debt investments secured by income-producing properties located primarily within the United States. This fast-growing New York-based mortgage REIT primarily investing in commercial real estate 1st mortgages and mezzanine loans seeks to hire an entry-level Analyst for the Asset Management group located in New York City. The position will report to the Head of Asset Management and work with a strong, seasoned team of asset management and loan origination professionals.

Responsibilities include but are not limited to:

* Monitor and analyze the financial performance of the properties and portfolios including balance-sheet bridge loans, CMBS loans and other credit investments
* Provide support in the review of property budgets, business plans & quarterly reforecasts
* Develop a working knowledge of leases, loan documents & other legal agreements
* Help develop financial models including discounted cash flows, IRR analysis, NPV analysis, etc. utilizing Microsoft Excel and Argus
* Assist in preparation of monthly, quarterly, and annual investor reports and presentations
* Assist in the administration of on-going loan proceeds disbursements to include construction draws, leasing costs, and release of loan reserves
* Compile, maintain research on markets within portfolio (sales comps, lease comps)



The successful candidate will ideally possess:

* 1 - 3+ years of experience with a real estate background
* Bachelor's Degree in business, finance, economics, real estate, or related field
* Understanding of real estate fundamentals, commercial office leases, financing principles, and debt capital structures
* Familiarity with loan due diligence to include property appraisals, environmental reports, engineering reports, and insurance reviews
* Loan servicing or construction loan administration experience a plus
* Commercial real estate valuation, underwriting and/or accounting experience a plus
* Outstanding quantitative and analytical skills, attention to detail, ability to multi-task effectively
* Highly proficient in Microsoft Office and Argus
* Effective oral and written communication skills Ability to work both independently and as a team member

What makes Franklin Templeton unique?

In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards--the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.

Highlights of our benefits include:

* Three weeks paid time off the first year
* Medical, dental and vision insurance
* 401(k) Retirement Plan with 75% company match on your pre-tax and/or Roth contributions, up to the IRS limits
* Employee Stock Investment Program
* Tuition Assistance Program
* Purchase of company funds with no sales charge
* Onsite fitness center and recreation center*
* Onsite cafeteria*

*Only applicable at certain locations

We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and supporting our communities. An emphasis on corporate citizenship is embedded in our culture and values, and is an important element of how we achieve success.

We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals. Take some time to, meet some of our people, and see what it means to say, I AM Franklin Templeton.

Franklin Templeton is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing employees and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. We invite you to visit us at http://www.franklintempletoncareers.com/ to learn more about our company and our career opportunities.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for, or apply for, one of our positions please send an email to accommodations@FranklinTempleton.com. In your email, please include the accommodation you are requesting and the job title and job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only requests for accommodations will receive a response.

Franklin Templeton Investments

San Mateo, CA

Franklin Templeton Investments has grown from being recognized as one of the best small companies in America to being considered a premier global investment management organization. We offer clients a valuable perspective shaped by our seven decades of experience, investment expertise and growing global reach. The company was founded in 1947 in New York by Rupert H. Johnson, Sr., who ran a successful retail brokerage firm from an office on Wall Street. He named the company for US founding father Benjamin Franklin because Franklin epitomized the ideas of frugality and prudence when it came to saving and investing. The company's first line of mutual funds, Franklin Custodian Funds, was a series of conservatively managed equity and bond funds designed to appeal to most investors.

We have the strength that comes with size. And the insight that comes from seven decades of investing experience.

We maintain a long-term perspective in everything we do and run our business with the same level of discipline we apply to asset management. As a result, our credit ratings are among the highest in the industry.

Our business is diversified by client type and geography. In fact, over 50% of our sales are derived from outside the U.S4. We also maintain substantial liquid cash and investments which give us the flexibility to invest in ongoing innovation for our customers.

We believe these characteristics make us an ideal long-term partner in asset management.

Our strategies are managed by specialized investment teams comprised of more than 600 investment experts around the globe1. These teams are supported by an independent risk management group to ensure investment risks are optimized – not simply minimized.

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