What are the responsibilities and job description for the Underwriter (Commercial Real Estate) position at Frederick Fox?
Frederick Fox has paired with an industry leading organization in search of a CRE Underwriter. In this underwriting role you will analyze the credit history of loan applicants, and approve or deny $3MM to $25MM loans. You will also be servicing and tracking loans for risk trends, payment status, documentation, insurance, and credit exceptions.
What makes this role so great!?!
--Significantly grow your knowledge supporting creative solutions…not just the typical cookie cutter bank loans!
--Strong flexibility to transition to other functions and advance your career within a leading lending agency!
--Salary up to $140k bonus!
--Outstanding benefits!
--Great work-life balance!
Responsibilities
- Analyze the credit worthiness of loan applicants
- Review personal credit scores
- Prepare loan presentation sheets
- Draft commitment letters for loan officer’s final approval.
- Review legal documents for adherence to approved loan terms
- Assign risk ratings
- Support loan administration
- Perform OFAC background checks on borrowers and guarantors
- Process payment of third-party invoices
Requirements
- 4 years’ Commercial Real Estate underwriting, including a strong understanding of credit
Salary : $140,000
