Analyst Debt Investment Group

Kennedy Wilson is seeking an Analyst to join the Debt Investment Group in the Farmington, Connecticut office. The Analyst position will work closely with their assigned portfolio and will be responsible for monitoring performance of commercial real estate loans within Kennedy Wilson's construction and/or bridge portfolio, identifying deviations from loan documents, and taking the appropriate remedial steps. This position would report directly to a Managing Director.

Company:

Founded in 1977, Kennedy Wilson is global real estate investment company headquartered in Beverly Hills, CA with 13 global offices. We own, operate and invest in real estate on our own and through our investment management platform. We focus on multifamily, office and industrial properties located in the Western United States, U.K, and Ireland. For further information on Kennedy Wilson, please visit www.kennedywilson.com.

Kennedy Wilson has a successful track record of investing in debt opportunities alongside partners in our key markets across the globe. The debt-related investments include originating loans, primarily senior construction loans secured by high-quality real estate in the U.S as well as acquiring loans from financial institutions and other lenders.

Key Responsibilities:

• Tracking and analyzing the performance of assigned deals within the lender's commercial real estate portfolio, which includes both bridge and construction loans. Tasks include monitoring delinquencies, construction progress, lease-up, and market trends.
• Review of construction draws packages to ensure all conditions to advance have been met, including review of the construction budget, pay applications, related lien waivers, soft cost invoices, various logs such as buyout and change order logs, and reviewing the construction schedule.
• Review monthly invoices to ensure accuracy and follow-up with Borrower on payments.
• Working closely with borrowers to address any issues or challenges that may arise during the construction phase such as cost overruns, delays in either construction or lease-up, or changes in market conditions to ensure successful project completion and loan repayment.
• Identifying any potential risks and developing strategies to mitigate these risks.
• Generating reports and risk assessments on loan performance, including key metrics such as loan-to-value ratios, debt service coverage ratios, and debt yields, to senior management and other stakeholders.
• Prepare and organize required reports, memos, and other necessary documentation in a timely manner.
• Building and maintaining relationships with borrowers, investors, and other stakeholders to foster collaboration and facilitate effective portfolio management strategies.
• Adhering to internal Policies and Procedures relative to reporting requirements, risk management standards, and accounting principles.
• Performing special projects as needed for the management team.
• Traveling periodically to borrower sites to assess and monitor the property condition and/or construction progress.
• By incorporating these portfolio management responsibilities, the Analyst contributes to the overall success and stability of Kennedy Wilson's commercial real estate portfolio.

• Bachelor's degree in Accounting, Business or Finance with focus on real estate preferred.
• 1-3 years of total experience in commercial real estate, (commercial bank, investment bank, private equity, specialty finance, real estate finance, mezzanine firm, developer, or brokerage firm). Related internship experience will be considered.
• Strong knowledge of Microsoft Outlook, Word, Excel, PowerPoint and other similar platforms.
• Highly motivated individual who takes initiative and works with minimal oversight; proactively addresses problems with regards to work product, process, and personnel.
• Strong analytical skills to complete in-depth industry and commercial real estate market analyses.
• Ability to analyze financial statements (profit and loss, balance sheet, and cash flow statements) as well as budgets (construction and operating) and identify trends.
• Ability to read, interpret and analyze loan documents.
• Ability to multitask in a fast-paced environment.
• Superior interpersonal, writing, and oral communication skills.
• Ability to travel to meet Borrowers and conduct site visits.
• Team player, ability to work within cross-functional teams and proactively utilize available resources within the various teams.

• Competitive Base Salary & Discretionary Bonus
• Comprehensive Benefits Package
• 401K retirement plan