Jobs · Business Development · Massachusetts

Prescreen Analyst

Newmark · Boston, MA · 5 days ago
Business Development$80k–$85k/yrFull-time

About the role

We are seeking a Loan Screening Analyst with 1-3 years of commercial underwriting experience with large loans ($10M average loan size). GSE multifamily experience as well as DUS experience is preferred. This position offers the opportunity to be thoroughly educated about the underwriting of multifamily mortgages, to have extensive contact with clients, and to train under premier programs (Fannie Mae and Freddie Mac). You will work closely with our Senior Credit team and Originators on the structuring and underwriting of transactions.

Responsibilities

  • Analyze, interpret and underwrite complex multifamily real estate transactions in compliance with respective agency guidelines (Fannie Mae/Freddie Mac)
  • Conduct detailed economic and demographic research to determine feasibility of transactions
  • Prepare and present comprehensive loan approval package to credit committee
  • Develop and maintain strong relationships with origination and closing departments and external agency investors
  • Conduct comprehensive inspections of physical real-estate assets on an as-needed basis

Requirements

  • B.S./B.A. degree in Accounting, Finance, Economics, Real Estate or other related fields preferred
  • 1-3 years of direct Fannie Mae/Freddie Mac underwriting experience with large loans ($10M average loan size)
  • Highly developed analytical, research, and written/oral presentation skills
  • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy
  • Demonstrated ability to organize & prioritize projects, complete multiple tasks on schedule
  • Ability to work productively under minimal supervision
  • Proficiency in Microsoft Office, especially Excel and Word
  • Strong work ethic and proactive team player, able to work effectively under sometimes stressful conditions
  • Ability to travel a minimum of 10-20%

Benefits

  • Industry-leading Parental Leave Policy (up to 16 weeks)
  • Generous healthcare benefits
  • Bright Horizons back-up care program
  • Generous paid time off
  • Education reimbursement
  • Referral Program
  • Opportunities to network and connect within the industry
  • 401(k) retirement plan with employer matching

Pay

The expected base salary for this position ranges from $80,000 to $85,000 annually. The actual base salary will be determined on an individualized basis taking into account factors such as relevant skills, experience, and education. In addition to base salary, this position may be eligible for discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

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