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Underwriter, GSE, Multifamily
CBRE
JOB SUMMARY
Responsible for assisting the Chief Underwriter and Senior Underwriter in evaluating loan requests, assessing key areas of risks and conformance with CMC and Fannie Mae credit standards and program requirements. Reviews and prepares field underwriting submissions for loan committee and investor submission.
Responsible for credit and real estate analysis, processing incoming exhibits and preparing final delivery of investor packages. Preparation of Borrower credit analysis including determination of net worth, liquidity, overall financial strength and acceptability of proposed borrower structure. No formal supervisory responsibilities in this position. Provides informal assistance such as technical guidance, and/or training to coworkers. May lead project teams and/or plan, and supervise assignments of lower level employees.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor's degree from a four-year college or university required. Minimum two years experience in analysis of commercial real estate properties, including duties such as inspecting property, reviewing financial statements, and underwriting loan transactions. Appraisal experience is desirable for property valuation and market analysis.
None
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
Requires knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts basic financial analysis.
Ability to comprehend, analyze, and interpret documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.
Proficient in common Adobe and Microsoft applications including: Word, PowerPoint and Excel. Will be required to travel as needed. Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.
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