Associate, CRE Underwriter

Responsibilities

• Support the CRE and Construction teams with underwriting new transactions
• Gather and analyze relevant information for loan requests, including the review of property details, property financial statements, client data and other pertinent data to determine overall credit worthiness
• Assess credit risk, establish viability of sources of repayment, and determine appropriate loan structures
• Manage third party engagements and order necessary searches to complete the underwriting process
• Prepare credit memos and present loans for approval, with recommendations consistent with bank policy
• Maintain current knowledge of internal policies, as well economic, financial, political and legislative trends to determine possible impacts on commercial lending
• Perform other duties as assigned

Requirements

• 3+ years of relevant CRE and construction underwriting experience
• Excellent analytical, organizational, written and verbal communication skills
• Demonstrated ability to manage and prioritize multiple tasks under tight time constraints
• Knowledge of commercial lending trends, competition, regulations, and banking compliance policies and procedures
• Proficiency with Microsoft Office products, especially, MS Excel

Qualifications

• Bachelor’s degree in Real Estate, Finance, Business, Accounting, Economics, or a related field preferred

Benefits

Salary Range: $75,000.00 - $125,000.00

Cross River is an Equal Opportunity Employer.