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Underwriting Analyst
Greystone New York, NY
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$62k-79k (estimate)
Full Time 6 Days Ago
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Greystone is Hiring an Underwriting Analyst Near New York, NY

Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with over $13 billion in loan originations in 2023. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac multifamily loan originations and is the #1 Overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. A highly philanthropic company, Greystone donates more than half of its profits to charity each year.
We are seeking an Analyst, to be based in New York City for one of our Underwriting Teams. This position provides organizational and analytical support. The Analyst will also be responsible for assisting in managing the deal flow through the due diligence and underwriting process.
Responsibilities:
  • Input property financial and information into Excel financial models
  • Engage 3rd party reports (appraisal, Phase I, PCNA, Seismic, etc) for Underwriting
  • Initial review of 3rd party draft reports (appraisal, Phase I, PCNA, Seismic, etc) for key checkpoints.
  • Prepare due diligence checklist to provide to clients, including weekly follow-ups with clients on checklist status
  • Receive and organize information from clients; verifying the accuracy and completeness of the documentation received
  • Recognize issues and work with team to find solutions to deal obstacles
  • Track timing and stages of each transaction
  • Regular communication with internal and external clients related to current loan pipeline.
  • Interact effectively with management assistance with the Investor, borrowers, attorneys and other third parties as applicable
  • Ability to work independently on projects and also collaborate as a team player
  • Handle other duties as needed and assigned
Experience, Skills and Abilities Required
  • Bachelor's degree from an accredited college or university required or applicable job experience
  • Knowledge of MS Office with advanced Excel skills required
  • Detail oriented with strong organizational/project-management skills
  • Excellent verbal and written communications skills
  • Strong time management skills and a respect for deadlines
  • Driven, innovative team-player who is focused on results and strives to deliver a superior work product
At Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit. Greystone is an EEO Employer.
Greystone offers a competitive base salary and bonus. The base salary range for this position is $80,000 to $85,000/year. The specific compensation that will be offered is based on an understanding of the hired candidates' qualifications at the time of hire. Employees are eligible for a discretionary bonus based on employee work performance reviewed during the annual review process.

Job Summary

JOB TYPE

Full Time

SALARY

$62k-79k (estimate)

POST DATE

06/22/2024

EXPIRATION DATE

07/11/2024

WEBSITE

greystone.com

HEADQUARTERS

WASHINGTON, DC

SIZE

50 - 100

FOUNDED

2005

TYPE

Private

REVENUE

$10M - $50M

INDUSTRY

Building Construction

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About Greystone

Greystone Solutions provides business and information technology solutions.

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The following is the career advancement route for Underwriting Analyst positions, which can be used as a reference in future career path planning. As an Underwriting Analyst, 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 Analyst. You can explore the career advancement for an Underwriting Analyst below and select your interested title to get hiring information.

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