What are the responsibilities and job description for the Production Analyst - Commercial Real Estate Finance position at NorthMarq Capital?
Production Analyst - Commercial Real Estate Finance
Northmarq - Washington, DC (601 13TH ST NW, SUITE 500 WASHINGTON DC, 20005)
NORTHMARQ - WHERE THE BEST COME TO THRIVE
Northmarq is entering a new era, and a landmark career opportunity is waiting for you. Northmarq is independent, and fiercely so, with the freedom to do things the right way. To hire the very best. To give them the resources to thrive. We do it because that’s what we believe. Northmarq is not held back by principles, we’re propelled by them. We and our clients are growing fast because we’re providing something rare and valuable: easy access to the industry’s best talent, an agile and collaborative style, and vast resources to execute flawless deals for our clients and partners. Northmarq was voted by Real Estate Forum as one of The Best Places To Work In Commercial Real Estate!
A Production Analyst is responsible for managing the expectations of clients, screening, production managers, underwriters and closer throughout the loan process. Production analysts assist production managers in bringing in new Business and managing that Business throughout the loan process, internally and externally. This role requires the ability to multi task, respond under pressure and manage stringent deadlines.
Northmarq provides debt, equity, investment sales and loan servicing to commercial real estate owners and investors through our 40 offices across the U.S. Northmarq is privately owned, we are part of the Pohlad Companies family of businesses. www.northmarq.com
Position Responsibilities:
Structuring and Securing Loans:
- Analyze all new potential Fannie Mae loan opportunities.
- Work with producers and analysts within company to obtain data necessary to analyze the opportunity and generate a loan quote.
- Develop interest rate pricing for each loan quote.
- Draft term sheets and loan applications for new loans.
- Provide quick interest rate and programmatic guidance to the production network seeking guidance on potential new opportunities.
Process Management/Transaction & Client Advocacy:
- Transition transaction from screening to underwriting with effective communication with all stakeholders to ensure a seamless transition and transfer of deal knowledge.
- Assist in educating borrowers and producers on the Fannie Mae loan process from screening to closing.
- Assist in addressing issues that arise during the underwriting and closing processes.
- Proactively maintain status reports on all deals throughout the loan process.
- Assist in the interest rate locking process to obtain bids, communicate with the traders, schedule the trade, and distribute executed written documents following the trade.
- Review loan commitments and draft trade authorization.
- Review applications and commitments for markups/changes and coordinate internal review and response.
Marketing/Loan Sourcing:
- Research and become expert on Fannie Mae multifamily products.
- Monitor and update production reports, charts, and maps.
- Share and explain changes to Fannie Mae multifamily programs to production network.
- Disseminate daily interest rate news and interest rate pricing indications to production network.
What We're Looking For:
- Bachelor’s degree. Experience or knowledge in commercial real estate a plus.
- Strong skills in all Microsoft Office Suite (Excel)
- Analytical and Financial modeling skills and knowledge
- Excellent oral and written communication skills
- Client service oriented
- Strong organizational and prioritization skills
- Ability to work both independently and within a team, with minimal supervision
- Ability to handle multiple projects and assignments; able to prioritize and meet deadlines
- Attention to detail and accuracy required
- Problem-solving skills to reflect the level of responsibilities
- Ability to maintain a positive attitude in all situations
Commercial Real Estate Agent – Columbia, MD
Lee & Associates Commercial Real Estate Services -
Washington, DC
Commercial Chief Engineer
Bridge Commercial Real Estate -
Fairfax, VA
Construction Safety Manager
Post Commercial Real Estate -
Washington, DC
