| Analyst. Ratings. Real estate. Commercial Mortgage Backed Securities. CMBS. Structured Finance. Securities. Credit. Debt BACKGROUND: A global leader in the provision of financial market intelligence and investment research and data is seeking an Associate Director/Principal Analyst with a strong and qualified background in Real Estate and Commercial Mortgage Backed Securities. The Company has an existing team of fourteen analysts who are responsible for rating and monitoring €125bn approximately of European Commercial Real Estate Debt mostly in public Commercial Mortgage Backed Securities transactions listed on European exchanges. MAIN RESPONSIBILITIES: Work day to day with bankers, lawyers, loan services and other property professionals Review property valuation reports, assessment of borrower property management skills, consideration of cash flows and legal structures, quantifying refinance risk and the impact of current real estate values. Be responsible for recommending rating levels to a committee of their peers, discussing the ratings externally with investors, journalists and other market participants and making contributions to relevant industry forums. Develop the flexibility to rate both new issuance and monitor existing transactions. Liaise with teams in New York, Tokyo and Melbourne ESSENTIAL SKILLS: Qualified real estate professional with relevant work experience together with an excellent academic record. Analytical and enquiring mind. Understands the dynamics of real estate cash flow and values and able to develop the ability to synthesize real estate fundamentals and their interaction with loan and CMBS debt structures A strong background in commercial property credit analysis or property finance would be highly advantageous. Ambitious individuals with excellent communication and interpersonal skills will benefit from the ongoing intell |