[Hiring] Vice President, CPACE Originations @Bayview Asset Management

Role Description

The VP, CPACE Origination sources, structures and originates CPACE financing opportunities for Bayview’s CPACE platform, primarily for transactions greater than $10 million across new construction and retroactive financings. This senior revenue-producing role expands market coverage, deepens borrower and intermediary relationships, and supports Bayview’s CPACE growth strategy.

Qualifications

• Bachelor’s degree required.
• Minimum of 5 to 10 years of commercial construction loan origination or CRE debt origination experience.
• Experience in CPACE, CRE mortgage banking, debt fund lending, bank lending, structured finance or real estate capital markets preferred.
• Proven ability to independently source, structure, negotiate and close CRE debt transactions in a competitive environment.
• Established relationships with sponsors, developers, owners, brokers, mortgage bankers, banks, debt funds and capital partners.
• MBA or other advanced degree preferred.
• Ten or more years of senior-level CPACE, CRE debt origination, structured finance or real estate capital markets experience preferred.

Requirements

• Source and originate CPACE debt opportunities greater than $10 million across new construction and retroactive financings.
• Originate at least $50 million of closed CPACE transactions annually; seasoned originators are expected to exceed $100 million.
• Develop and maintain a robust pipeline of qualified CPACE opportunities across relevant property types and geographies.
• Build and deepen relationships with borrowers, sponsors, developers, owners, mortgage bankers, brokers, banks, debt funds and capital partners nationwide.
• Generate qualified pipeline through targeted outreach, strategic networking, industry events and market intelligence.
• Maintain current CRM and email marketing records, track activity and coordinate internally to manage conflicts.
• Screen CPACE opportunities against program requirements, Bayview underwriting criteria and transaction feasibility.
• Evaluate sponsor strength, market dynamics, property type, capital stack and pro forma assumptions.
• Structure, underwrite and negotiate terms consistent with Bayview’s credit standards, program guidelines and risk-return objectives.
• Work with analysts and CPACE resources to screen opportunities, generate quotes, prepare greenlight reviews and develop term sheets.
• Present opportunities to internal committees, clearly articulating merits, risks, mitigants, returns and required approvals.
• Work closely with banks, debt funds and other lending partners to obtain consent for CPACE transactions when required.
• Manage origination through signed term sheet and support transaction management through closing and servicing.
• Maintain current knowledge of CPACE and CRE lending markets, including capital flows, pricing, credit trends and sponsor behavior.
• Provide market insights on target assets, geographies, sponsors, financing structures and competitive positioning.
• Monitor the competitive landscape and identify opportunities to differentiate Bayview’s CPACE platform.
• Identify complementary mezzanine, bridge, construction and permanent loan opportunities with the Bayview Commercial team.
• Serve as a trusted financing advisor by delivering tailored CPACE solutions and maintaining executive-level client relationships.
• Collaborate with underwriting, credit, transaction management, asset management, legal, capital markets, servicing and portfolio teams.
• Align origination activity with senior management on capital availability, investment mandates, credit priorities and portfolio goals.
• Represent Bayview professionally at industry events, conferences, client meetings and marketing initiatives.
• Prioritize assignments and deliver expected work product on a timely basis.
• Exercise exemplary corporate citizenship, including strict adherence to compliance requirements, internal policies and Bayview’s tenets.
• Perform other duties as needed or assigned.

Benefits

• This role will be remote (preference for TX, Northeast, or CA) with ability to work in the NYC, Denver, or Coral Gables office.
• Base compensation is expected to be $150,000-$200,000 with the opportunity for incentive compensation including bonus compensation.

EEOC

Bayview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.