Underwriting Analyst

What you will do

• Researches real estate and financial market conditions.
• Works with Loan Officers and borrowers to collect initial loan application documents and formulates prospective loan opportunities.
• Screens loan opportunities in accordance with internal guidelines and criteria while minimizing overall risk to the Company. This includes: reviewing appraisals and reports, analyzing the loan data, reviewing documents provided by the borrower, reviewing other necessary documents, and gathering additional information as needed.
• Creates and presents asset review summaries to management.
• Accepts or rejects loan application, or requests additional information.
• Recommends approval or denial of applicants for commercial loans.
• Prepares loan files and provides support to Underwriters by managing document inflow from borrowers and vendors.
• Reviews and approves certain loan document conditions based on delegated authority set by management and escalate exceptions to Underwriter.
• Maintains communication with internal and external parties to manage timely deal flows.

Qualifications

• Bachelor's Degree preferred fields of study: Finance, Real Estate or Business Administration. Required
• Master's Degree preferred fields of study: Finance, Real Estate or Business Administration. Preferred
• 1-3 years experience in finance, real estate development, urban planning, affordable housing or related field Required
• 1-3 years experience in underwriting and structuring real estate projects, or commensurate work related experience Required
• Basic knowledge of key aspects of commercial real estate development and finance.
• Ability to initiate and maintain effective and cooperative working relationships with team members, government agencies, consultants, lenders, investors, and developers.
• Good analytical and skills, including oral and written presentation skills; ability to identify and ask questions; ability to reason and crosscheck references.
• Good client and public presentation skills; excellent oral and written communication skills.
• Strong organizational skills, highly attentive to detail, and able to perform tasks with limited supervision in a time sensitive work environment.
• Ability to exercise sound judgment and fairness in decision-making.
• Ability to maintain the strictest confidence when handling confidential and non-routine information and matters.
• Ability to communicate with co-workers, management, clients, and others in a courteous and professional manner.
• Ability to conform with and abide by all regulations, policies, work procedures, and instructions.
• High level of proficiency with Microsoft Excel, Word, PowerPoint, Teams.
• Requires a self-motivated individual who pays close attention to detail and who can prioritize in a fast-moving environment with excellent consulting, client management and business literacy skills.
• Takes initiative to identify and anticipate client needs and make recommendations for implementation.
• While working in an independent and reliable manner, teamwork, and effective communication will also be necessary for success.

Compensation

We are committed to offering competitive and equitable compensation. Final salaries will be determined based on factors such as geographic location, skills, education, licenses, certifications, and/or experience. In addition to these factors – we believe in the importance of pay equity.  We consider internal and external factors as a part of every final offer. We also offer a generous total compensation and benefits package.

Benefits
A competitive salary is only one part of your total rewards. We also offer a comprehensive benefits package, including paid time off, medical, dental, life and disability insurance, HSA/FSA accounts, retirement, rewards programs, and so much more!

 

You must be able to pass a drug, background screen and physical abilities test/motor vehicle record check (if one is required per the position).


EEO/ADA
The Company and its affiliates provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.