Commercial Real Estate Underwriting Associate

About the Role
The analyst will be supporting the Multifamily Capital Prescreening and Underwriting group and delivering the various product to the reviewer/onshore team as per the agreed quality.

In this role, you will:

• Ability to analyze and process property financial statement and loan related documents (e.g. rent roll, historical operating statements, appraisal reports collections and budget)
• Monitoring and analyzing the property performance based on Tenants details, Property Cash Flows and provide the necessary recommendation to Prescreening/Underwriting team.
• Analyze and validate the loan documents and share all the inconsistencies to Reviewer/onshore as per the agreed procedure.
• Ability to work on multiple process and flexible to work beyond the work timelines to complete the tasks.
• Reviewing associate deals and providing timely feedback for team members.
• Closely working with Risk partners in respect to avoid/mitigate any loopholes in the process and always adhere to the company polices.
• Ability to work closely with onshore partners with respect to any escalations and resolve on ASAP basis.
• Prepare Performance Report for team members and Monthly & Weekly reports for onshore partners.
• Ability to groom new team members
• Uploading Freddie Mac and Fannie Mae closed loan documents in respective websites.
• Receives feedback openly from others post implementation of learning experience.
• Achieve/Exceed the set quality/productivity targets.
• Works with Manager in planning for the team - attrition / retention / DSO & QC lineup

Required Qualifications:

• 5+ years of overall experience in Multifamily Capital Prescreening and Pre - underwriting business.
• 5+ years of underwriting mortgage experience in conventional & FHA products.
• Strong knowledge in Government Sponsored Entities (Fannie Mae and Freddie Mac) and their underwriting procedures.
• Strong Knowledge in Commercial Real Estate domain.
• Strong knowledge in 3rd party documents i.e., Appraisal, PCR, ESA, Flood Determination.
• Strong MS Excel, PPT, Visio knowledge is mandatory.
• Ability to accurately process high volumes of work within established deadlines
• Ability to work effectively as part of a team to meet targets
• Excellent English comprehension and written communication skills
• Flexibility towards work on different processes/assignments

Desired Qualifications

• Master Degree in Accounting and Finance.
• Any professional Finance/Accounting/Economics certification would be a plus.

Posting End Date:
29 Dec 2024
*Job posting may come down early due to volume of applicants.

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