Senior Counsel, Capital Markets & DSF
CBRE · New York, NY · 2 mo ago
Legal$175k/yrFull-time
About the role
We are looking for a dynamic, innovative, creative and commercially minded lawyer to support our Capital Markets and Debt and Structured Finance ("DSF") business, a division of CBRE's Capital Markets business segment.
As the premier provider of commercial and multifamily financing, CBRE Capital Markets, Inc., combines robust lender relationships, industry-leading deal volume and a proprietary technology platform to deliver innovative options for financing and servicing commercial mortgage loans.
More information is available at http://www.cbre.us/real-estate-services/investor/debt-and-structured-finance.
Responsibilities
- Oversight of legal matters for CBRE DSF, including advising on corporate governance, compliance, employment, litigation, and risk management matters and supervising outside counsel.
- Support CBRE DSF’s mortgage loan brokerage business in connection with negotiation of client engagement letters and review and negotiation of ancillary documents; work directly with CBRE DSF brokerage professionals to opine on legal issues that arise in connection with client engagements.
- Support DSF’s Commercial Agency Group ("CAG") in connection with commercial lending activities, primarily for government agencies Freddie Mac, Fannie Mae, and FHA/HUD; provide advice on specific issues that arise in the loan origination business; review and consult with executive management on contractual relationships with the agencies; advise on client issues that arise in the course of loan origination services for private lenders; review documentation relating to correspondent relationships and any closing duties of the CAG team.
- Support CBRE DSF’s commercial loan servicing subsidiary, CBRE Loan Services, Inc., in all aspects of its business, including:
- General commercial business contracts
- Commercial mortgage loan servicing agreements
- Servicer Acknowledgements
- Escrow Agreements
- Financing/repo documents
- Cost plus and secondment employment arrangements
- State licensing issues related to commercial mortgage loan servicing
- FREDDIE MAC, FANNIE MAE and HUD/FHA multifamily lending and servicing programs
- Familiarity with FREDDIE MAC, FANNIE MAE and HUD/FHA multifamily lending and servicing programs
- Familiarity with securitized lending products (CMBS, FREDDIE MAC CME, etc.)
- Work with specialized outside counsel monitoring and providing legal advice for CBRE DSF’s CMBS business, both as to agency and private securitizations.
- Work with the Company’s procurement and technology teams and draft, negotiate, and provide advice for vendor agreements for all segments of the CBRE DSF business.
- Ensure compliance with laws and regulations; monitor required licensing requirements and activity for all 50 states to the extent required for all subsidiaries.
- Aid in the drafting and implementation of policies for CBRE DSF; participate in internal audit committees for both commercial loan servicing and CBRE CAG lending business units; work with management to identify areas where additional policies may be required.
- Collaborate with other internal functional areas (e.g., Finance, People, Tax, Digital & Technology, Ethics & Compliance) to thoroughly identify, assess and thoughtfully mitigate risk exposure.
- Develop and implement best practices and process improvements, including production and maintenance of form documents for the DSF business lines.
- Develop and conduct legal training sessions for business colleagues and Legal Department members.
Requirements
- J.D. from a top-tier ABA accredited law school.
- Membership in applicable State Bar in good standing.
- At least 7-10 years of private law firm practice and/or in-house transactional experience with an emphasis on commercial lending.
- Broad, general real corporate and commercial transactions experience, preferably including debt and equity brokerage, commercial mortgage lending, and commercial mortgage servicing. Experience with mortgage banking finance (warehouse lending) documentation is preferred.
- Excellent writing and oral presentation skills and ability to effectively communicate with both executive management and line business providers and to build strong personal relationships with management.
- Highly developed professional judgment with a "can-do" attitude of a practical business attorney.
- Demonstrated ability to work in a fast-paced environment, manage multiple tasks, work short deadlines when required and set appropriate priorities with excellent follow-up skills and organization.
- Ability to work both independently and in a team environment, with a strong focus on collaboration and innovation.
- Ability to work flexibly in and out of a formal office environment.