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Underwriting Associate
GLC Group New York, NY
$74k-94k (estimate)
Full Time | Investment Management 2 Weeks Ago
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GLC Group is Hiring an Underwriting Associate Near New York, NY

Underwriting/Origination Associate

Are you an analytical self-starter with a knack for multitasking and attention to detail? We're seeking a full-time investment professional for our clients growing Originations team. In this role, you'll support loan origination, investment underwriting, due diligence, and execution. You'll manage the entire deal life cycle, from origination to closing, ensuring the valuation and successful execution of our fund investments.

Key Responsibilities:

  • Underwrite and close high-yield real estate debt investments, including pre-development land loans, bridge loans, and construction loans.
  • Interface with potential borrowers and clients to screen, negotiate, and structure new opportunities.
  • Collect, analyze, and organize due diligence materials for multiple transactions, including financials, third-party reports, and property searches.
  • Oversee credit underwriting, analysis of third-party reports, and transaction documentation.
  • Collaborate with legal counsel to negotiate term sheets and loan documents.

What We’re Looking For:

  • 2-5 years of real estate experience, preferably in structuring equity or debt transactions.
  • Strong underwriting and modeling skills.
  • A self-starter with independent thinking and a creative approach.
  • Natural leadership, professional demeanor, and a robust real estate network.
  • Bachelor’s degree in Finance or Real Estate preferred.

Why Join our client?

  • Competitive compensation based on experience.
  • Dynamic, growth-focused environment.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Investment Management

SALARY

$74k-94k (estimate)

POST DATE

06/10/2024

EXPIRATION DATE

06/30/2024

WEBSITE

glcllc.com

HEADQUARTERS

NEW YORK, NY

SIZE

50 - 100

FOUNDED

2009

TYPE

Private

CEO

THOMAS M BENNINGER

REVENUE

$10M - $50M

INDUSTRY

Investment Management

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The following is the career advancement route for Underwriting Associate positions, which can be used as a reference in future career path planning. As an Underwriting Associate, it can be promoted into senior positions as a Health Underwriting Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Underwriting Associate. You can explore the career advancement for an Underwriting Associate below and select your interested title to get hiring information.

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