Revantage

Sr. AVP, Finance Risk Management

Job Locations US-Chicago

WHO WE ARE 

Revantage is a Blackstone Company that provides a highly skilled employee base, best-in-class processes, and state-of-the-art technology to multiple Blackstone real estate portfolio companies. Sectors include Hospitality, Industrial, Multi-Family, Office, Retail, Senior Housing, and Manufactured Homes. 

 

Revantage, headquartered in Chicago, is one of three global offices that includes Revantage Asia and Revantage Europe.  

 

WHAT WE VALUE: OUR CULTURE 

Creating a culture that inspires change and momentum require the right team. We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry. The culture at Revantage is built on our shared core values and commitment to be: 

  • Achievers – We expect high standards for ourselves and enable the success of our teams 
  • Enthusiasts  We face challenges with optimism and believe anything is possible 
  • Leaders  We commit to continuously improve our performance 
  • Learners – We learn from our challenges and successes 
  • Partners  We deliver value and positive impact to our partners 

WHY THIS ROLE IS VALUABLE   

Responsible for providing advisory services to Blackstone Capital Markets team specialized in complex commercial real estate transactions. 

 

HOW YOU ADD VALUE 

  • Manages pre-closing risk review of commercial real estate transactions, liaising with lenders, attorneys, and brokers on new loan originations working with institutional, investment and government-sponsored lenders 
  • Provides financial risk management and insurance requirements based on deal type, geography, and lender requirements 
  • Analyzes proposed insurance coverage and related risk mitigation including financial reserves and borrower guarantees, and identifying and communicating insurance coverage gaps to internal team and broker for resolution; 
  • Prepares exception waivers and exclusion reporting as appropriate 
  • Creates and submits client Final Risk Review deliverables including accurate risk assessment and documentation 
  • Liaises with lenders, lender’s consultants, attorneys and brokers pre-close and ensures that proposed insurance coverage is in place at closing 
  • Review and comment on loan agreements on all financings to ensure maximum flexibility and compliance with BX’s existing insurance policies 
  • Detail oriented transaction manager with the ability to multi-task and handle multiple projects at once 
  • Liaises with underwriting and credit review teams to explain and mitigate potential risk exposures by proposing customized solutions 
  • Delivers complete deal package including certificates of insurance 
  • Educates lenders, lender’s consultants in risk management, risk transfer, market issues, and relevant trends 
  • Serves as a trusted business advisor on all pertinent issues 
  • Responsible for deal flow management and tracking, client status reporting and issue tracking and resolution 
  • Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information) 
  • Other duties as assigned 

WHAT YOU BRING TO THE ROLE 

Required:  

  • Minimum of 8 years of insurance experience  
  • Bachlors Degree from an accredited college. MBA or law degree would be beneficial 
  • Minimum of 5 years of lending experience  
  • Demonstrable and current in-depth knowledge and understanding of the real estate and /or PE investment business 
  • Be a resourceful self-starter, routinely taking initiative 
  • Excellent verbal and written communication skills to a variety of audiences 
  • Exceptional attention to detail 
  • Team player that can thrive and lead in a fast-paced, results-oriented work environment 
  • Excellent organizational and project management skills  
  • Flexibility to adapt to evolving business strategies, depending on market dynamics 
  • Adept in navigating and simplifying complex matters of Risk Management 
  • Contract review and negotiation experience 
  • Experience in a variety of commercial matters (transactions, leases, financings, etc.) 
  • Advanced computer skills in Excel, Word, and email applications

Preferred:  

  • Professional designation (e.g. CPCU, ARM) 

PERKS FOR YOU 

  • Competitive salary, overall compensation, and 401(k)
  • Work-life balance offerings include:
    • Remote work policy
    • Productivity Hours – weekly meeting-free work time
    • Bi-weekly Summer Fridays
  • In-house and external learning & development opportunities
  • Generous health insurance and wellness benefits

EEO Statement 

Our company is proud to be an equal opportunity employerWe celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and/or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com. 

 

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