Job Description

At HSBC, the health and well-being of our employees remains of utmost importance. Many of our roles are permitted to work from home (in states in which HSBC is licensed to operate) until further notice. Upon resumption of normal operations, this role may be performed at our Los Angeles, California office.

As part of our national underwriting and portfolio management team you will analyze commercial real estate lending opportunities submitted by the origination team in Los Angeles (and other regions from time to time). Prepares cash flow and underwriting valuations with a focus on large complex transactions, including construction loans, bridge loans, acquisition loans, renovation/reposition financing, loan-on-loan financings and syndications for national and international clients. Perform portfolio management of existing loans including annual reviews and covenant monitoring. Assists relationship managers with underwriting memoranda and pitch books. You may participate in client prospecting and meetings. Assists with portfolio management, customer service, and assisting more experienced underwriters along with relationship managers. Assists senior management with special assignments.

You will be responsible for:

• Respond to requests for property valuation and cash flow analysis for real estate loan proposals from major international and domestic owner/operators and developers. Properties are located throughout the United States, with particular focus on the major cities and the Western US.

• Prepare independent, reliable estimates of potential cash flow and current underwriting values used to screen and evaluate office, multifamily, hotel, and retail properties located throughout the US. Ensure timely and complete presentation of cash flow models and value estimates to support the credit decision process and determine whether there will be sufficient cash flow to repay the loan.

• Determine prospective loan to value, debt yield, and other key metrics for credit approval submission.

• Assist with preparation of underwriting memoranda and pitch books. Participate in meetings/calls with senior management and assist with client prospecting. Join client and broker meetings from time to time.

• Attend and participate in deal reviews, DPC’s and other deal discussions.

• Timely complete annual and other periodic reviews to ensure appropriate risk rating of portfolio and compliance with covenants.

• Support head of portfolio management with work flow and annual review assignments and attend and participate in monthly covenant governance conference call.

Requirements

• Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions.

• Minimum of one year proven and progressive commercial real estate and multifamily underwriting and portfolio management experience in Los Angeles or and/or other major national markets.

• Bachelor’s degree in Business, Real Estate, Finance, Economics or related field or equivalent experience.

• Experience with Argus and Excel commercial real estate cash flow modeling

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

HSBC is one of the world’s largest banking and financial services organizations. Our global businesses serve around 39 million customers worldwide through a network that covers 62 countries and territories. Our customers range from individual savers and investors to some of the world’s biggest companies, governments and international organizations. We aim to connect them to opportunities and help them to achieve their ambitions.