What are the responsibilities and job description for the Production Analyst position at Greystone?
Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with over $12 billion in loan originations in 2024. 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. At Greystone, charity is at the heart of who we are and what we do.
At Greystone, everything we do is driven by our purpose of improving others’ lives. As we work hard to maintain our ranking as a top national commercial real estate lender, our culture of caring and support is just as important. We don’t just say “Where People Matter” – we lead with this mantra every day to guide our actions and behaviors. Greystone is committed to fostering and preserving a culture of inclusion. Belonging is at the heart of our culture of caring, integrity and excellence, and is a driving force behind our entrepreneurial spirit and creativity.
We are seeking a self-starter with good Excel skills, who can provide analytical and project-related support by quickly analyzing transactions and preparing proposals to provide multi-million dollar loans to owners of multifamily projects throughout the United States.
Primary Duties and Responsibilities:
- Take ownership of the processing and analytical duties to support the underwriting process.
- Assist with up-front deal screening and due diligence tasks including, rent roll analysis; preliminary loan sizing analyses; researching competition in the market area; preparation of soft loan quotes; and other required documentation related to screening new loan opportunities.
- Coordinate with underwriters and borrowers for collection of loan due diligence materials.
- Verify, input, and analyze data in Greystone’s loan origination system.
- Communicate with the production team and borrowers to facilitate the collection of required application exhibits.
- Maintain customer contact and provide timely file status updates to both clients as well as other internal team members.
- Perform preliminary data entry and analysis of credit documentation provided by clients to determine degree of risk associated with the loan.
- Manage communication with third party vendors (appraiser, engineer, etc.) and transfer data from professional reports into underwriting analysis workbook and narrative.
- Work with Underwriter to prepare and submit loan committee presentation; draft sections and prepare exhibits as assigned.
- Other duties and projects, as may be assigned and deemed appropriate from the manager.
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 offered compensation for this position will be $80,000/year in New York. 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.
*The firm is the #1* overall HUD multifamily and healthcare lender by firm commitments, and a top 10 Fannie Mae and Freddie Mac multifamily real estate lender.*
*For HUD's 2024 fiscal year ending September 30, 2024. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing Company LLC and excludes risk sharing and hospital loans.*
Salary : $80,000
