What are the responsibilities and job description for the VP Senior Underwriter position at Stone Management?
Our client is a middle market lender located in midtown. They are looking for a VP CRE Underwriter, preferably with multi-asset exposure who will report to Head of Credit Underwriting. This individual will be responsible for the pre-screening, loan sizing, underwriting, Credit Application (CAP) preparation, and all matters related to the credit analysis during the underwriting process. Role includes supporting the origination efforts of the team through solid credit and structuring experience, strong underwriting and financial modeling abilities and light documentation tasks. Heavy focus on credit skills, identifying risks, industry and product knowledge, and review of 3rd party reports (Collateral Field Exams, Inventory Appraisals, Enterprise Valuations, etc).
Candidates should have the following skill sets :
- Advanced credit and financial analysis skills
- Comprehension of complex transactions, loan documentation and deal structure
- Strong credit and cash flow analysis skills with complex, structured transactions, due diligence proficiency and detail orientation
- Strong understanding of compliance policies
- Strong written and verbal communication skills
- Strong ability to exercise independent action and moderate decision making with properly documented risk mitigation applied
- Task oriented with attention to detail and ability to meet time sensitive deadlines
- A minimum of 8 years’ experience underwriting in the commercial real estate space
- Strong understanding of complex real estate structures
- Moody’s RiskCalc and / or RiskOrigins, experience preferable but not necessary.
- Completion of formal credit analysis training, desirable
- Bachelor’s Degree in Finance / Accounting Economics. MBA desirable
