Originations Associate

4 weeks ago


Phoenix, United States RRA Capital Full time
Job DescriptionJob DescriptionSalary:

Originations Associate

Phoenix, AZ – RRA Capital is doing something truly unique in the commercial real estate private equity and credit spaces.  Led by CRE industry veterans who have a combined 115+ years of experience, we are rethinking traditional approaches to real estate private credit and how to achieve truly remarkable returns to investors. Our mission at RRA is to “build something awesome” with a client centric philosophy of service and an amazing team of innovative and driven professionals. 

 

As a member of the Originations Team, the Associate will report directly to the Managing Director of Originations. The Associate will serve as the initial screen for deals sourced from a subset of the pipeline.  Leveraging the candidate’s existing commercial real estate knowledge and expanding it through a comprehensive training program, this position will serve as a springboard to a first-chair Originator position.  The ideal candidate for this position will be highly motivated to grow both his/her sales and credit capabilities.

 

ROLES AND RESPONSIBILITIES:

 

  • Evaluate initial loan submissions to determine whether they fit RRA lending criteria.
  • Interface with mortgage brokers and borrowers to obtain additional due diligence items, as necessary.
  • Submit preliminary analysis to and collaborate with Director for determining whether to submit to Credit Committee.
  • Add new mortgage brokers to the database and maintain the accuracy of the existing database through effective use of CRM software, regular monitoring of LinkedIn and press releases. 
  • Develop and execute an outreach plan for mortgage brokers to keep RRA top-of-mind
  • Meet with mortgage brokers to articulate RRA lending criteria

 

HERE’S WHAT YOU’LL NEED TO SUCCEED IN THIS ROLE

  • Two (2) years of commercial real estate experience at a mortgage broker or lender preferred
  • Bachelor's degree with a strong academic record
  • Experience with CRM systems (HubSpot, ideally)
  • Proficiency with Microsoft Office products (Excel, PowerPoint, Word) and ability to learn new software
  • Strong organizational skills, excellent communication skills, and a penchant for research
  • Desire to work and live in Greater Phoenix, AZ area

 

COMPENSATION

  • Competitive base salary and bonus structure commensurate with experience


BENEFITS

  • Be a part of building something AWESOME.
  • Direct daily access to the firm founders
  • Unlimited vacation days
  • Medical insurance
  • Flexible work life
  • Company 401K match plan
  • Awesome people to work with every day


RRA Core Values – Each one of these values is a requirement to be successful at RRA. 

 

Enjoyable to be around – RRA values employees who are team players, are fun to be around, and have a great sense of humor.  At RRA, there is no room for cynicism, egos, or defensiveness.  Everyone must look and speak professionally so that they bring credibility to both themselves and the company.

 

Passionate about continuous improvement – RRA values employees that are focused on self-improvement, process improvement, and team improvement.  All members are expected to welcome critical feedback and professional development because they believe it will allow them to become better.  Successful members at RRA are intellectually curious and committed to seeking out opportunities to self-educate on the industry and their jobs.

 

Smart – RRA values highly intelligent workers that can master the practical applications of their knowledge.  There is no room at RRA for individuals that are ‘academics.’  RRA requires its employees to be highly creative in finding better ways to do things and solve problems.  The RRA team is composed of those who work smarter, not necessarily harder, to maximize efficiency and productivity. 

 

Reliable – RRA values employees that leave no doubt that when they say they will accomplish something by a certain time/standard, they will.  All members are expected to take pride in the quality of their work; the product of their efforts should always reflect the highest professional standard.  RRA strives to surround itself with self-starters who have a disdain for micro-management.  Successful individuals at RRA have integrity beyond reproach, always exemplify honorable character, and are individuals that others can trust with their money.

 

If you are interested and feel you’d be the right person, please apply

 

Contact: Lisa Donovan   

Website: www.rracapital.com

 

 



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