As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This is a hybrid role based out of our Columbus, OH office. The teams comes in 3 days a week.

This position may be staffed at an Investment Analyst or Senior Investment Analyst level depending on the experience of the candidate. The Research Analyst will be responsible for commercial real estate (CRE) investment research supporting proactive portfolio management, including acquisition and disposition analysis of loans. Provides internal customers with current and relevant market data and assists them in their usage of the data. Evaluates sources of data in the context of how the data is to be used.

Job duties will include collecting and analyzing CRE market data such as occupancy, rent, supply and demand, new construction, capitalization rates, etc. Collecting and analyzing economic and demographic data on the national and local economies and the effect on CRE markets. Collects, organizes and manages tenant information such as credit ratings, market share, news releases, closure and bankruptcy announcement. Summarizes market information for real estate management on an ongoing and ad hoc basis. Contributes to the ongoing collection and maintenance of research data and monitoring of markets, including competitor information. Extracts market information from portfolio monitoring databases and synthesizes info to support underwriting decisions. Supports all Nationwide Investment associates in their use of real estate research. Performs special projects and other duties as assigned.

Education: Undergraduate degree with credits in real estate, finance, economics, accounting or business preferred.

Experience: Prefer some related experience in real estate investments with a reporting background. Ability to work well in a team environment, with effective verbal and written communication skills. Solid technical and analytical skills, and effective with software applications such as Excel, Word and various query tools. Ability to quickly research, analyze and summarize market information. Excellent attention to detail. Ability and desire to continue developing their knowledge of real estate investment principles and practices.

This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program.

Compensation Grade is an Investments F band

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Job Description Summary

Nationwide’s vision is to be the most trusted, most caring and most customer-focused protection company. We exist to protect people, businesses and futures with extraordinary care. The Nationwide Investments team manages approximately $130 billion and strives to combine client focus, investment discipline and teamwork to deliver superior results.

The asset management team is responsible for managing and monitoring a multi-billion-dollar loan portfolio secured by real estate properties located across the United States. To be successful in the role, excellent analytical, problem-solving, communication, collaboration, and negotiation skills are required. Desired experience includes a commercial real estate background with an emphasis in the interpretation of loan documents, analysis of operating statements, and the ability to prioritize assignments in an effective manner to support both internal and external stakeholders/customers.

Nationwide is actively making investments with well-established, institutional managers who have proven track records of delivering target returns through market cycles and have demonstrated expertise in the particular strategies that that they are executing.

The Real Estate Deal Analyst - Senior Investment Analyst role is responsible for analyzing and underwriting Commercial Mortgage loans. Prepare various market reports, portfolio analysis, financial analysis and modeling, and investment recommendations for management evaluation, as well as portfolio surveillance and monitoring.

Job Description

Key Responsibilities:

• Work with Regional Portfolio Manager (ie. Real Estate Portfolio Manager) and senior management to identify, underwrite, structure, and negotiate real estate investments.

• Assist with underwriting real estate deals (including property or fund analysis, market analysis, as well as financial analysis and modeling), borrower, business plan, exit strategy, etc.

• Assist with preparing investment recommendations.

• Work with internal and outside legal counsel, as well as borrowers to assist with finalized deal closings. May include negotiating, reviewing and approving documents and other due diligence items.

• Develop working relationship with mortgage correspondents, managers, brokers, and existing and potential borrowers to facilitate investment opportunities.

• Collaborate with Real Estate Investment Research, Real Estate Portfolio Managers, Real Estate Risk, Enterprise Portfolio Management, Investment Risk Management, and Legal Representation (internal and external).

• Provides initial input and/or assist peers with subsequent updates of loan information in the loan management system and other subsequent database or website related systems.

• Prepare various market reports, portfolio analysis, and statistical data for management evaluation.

• Work with Real Estate Research, Loan Servicing/Asset Management and Real Estate Risk teams.

• Assist in portfolio surveillance, portfolio monitoring and risk mitigation

• May mentor more junior associates.

May perform other responsibilities as assigned.

Reporting Relationships: Asset Class Senior Investment Professional

Typical Skills and Experiences:

Education: Undergraduate degree in business, finance and/or real estate. Graduate degree and/or professional designation preferred but not required

Experience: 4 to 7 years of investment experience.

Knowledge, Abilities and Skills:

• Proven knowledge of real estate principles and practices, such as underwriting/valuation, various debt/equity structures and legal documentation (debt/equity agreements) preferred.

• Strong real estate underwriting skills are preferred.

• Must be proficient with spreadsheet software and general computer software applications.

• Solid interpersonal and negotiation skills are necessary for working with loan correspondents, borrowers and internal clients.

• Diligent organizational and record keeping skills are needed for successful portfolio management and process tracking.

• High attention to detail is required.

• Must be an independent and creative thinker, a self-starter, extremely proactive and demonstrate a high ability to learn on the fly.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Values: Regularly and consistently demonstrates Nationwide Values.

Job Conditions:

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment. Some travel may be required.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Credit Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.