What are the responsibilities and job description for the Underwriter (Agency) - Commercial Real Estate Finance (Denver) position at NorthMarq Capital?
Position Responsibilities
- Review and coordinate documentation : Review loan applications and supporting documents; issue Outstanding Items Letters (OILs) and manage processing checklists.
- Internal and external communication : Participate in kick-off calls with the Production Manager and lead calls with the Northmarq Producer and Borrower to discuss transaction details, issues, and borrower structure.
- Site visits and inspections : Coordinate and conduct site visits with the Borrower, Producer, and consultants; inspect properties and evaluate systems, interiors, and market conditions.
- Analyze reports and costs : Review third-party reports (appraisals, assessments, environmental) and analyze utility costs that may impact loan sizing.
- Prepare and present underwriting documentation : Prepare detailed underwriting narratives summarizing the loan structure, transaction strengths and identified risks, and present final package to the Loan Committee.
- Post-approval support : Draft Commitment Letters, Trade Authorizations, and assist in final loan package delivery.
- Mentor and train : Guide and support Underwriting Analysts in developing their skills.
- Awareness and education : Keep apprised of shifts in the commercial real estate world including Agency credit parameters and requirements.
What We're Looking For :
Northmarq offers a highly competitive benefits package including : medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more! Denver Residents : Northmarq carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The salary range for the Underwriter position is $82,000.00 to $115,000.00 annually, plus bonus eligibility. This range is a good faith estimate and the actual compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.
Salary : $82,000 - $115,000
