Sr. Commercial Real Estate Underwriter
BWE · Los Angeles Metropolitan Area · 2 wk ago
Finance$90k–$105k/yrFull-time
Major Responsibilities
- Preliminary screening, detailed underwriting analysis, cash flow projections and structuring of lending/investment opportunities
- Reviewing financial and due diligence materials provided by clients for their asset and help ensure needed information for preliminary loan analysis is received
- Assessing the strengths and weaknesses of a transaction including market analysis and reviewing comparable properties
- Preparing loan packages, presentations, and submissions to lenders/investors
- Preparing Fannie Mae and Freddie Mac underwriting, submissions and documents
- Analyzing and providing solutions for all unforeseen issues arising during the loan placement
- Aiding in managing the timely receipt, review and delivery of all third-party reports and documents
- Determining viable loan executions and financing alternatives for customers
- Determining potential new opportunity leads and sourcing contact information
- Supporting the establishment and maintenance of a contact database of borrowers, lenders, brokers, and others in the commercial real estate and finance industry
- Aiding in the maintenance of office pipeline reports
- Attending real estate industry trade functions
Minimum Requirements
- Minimum of two - five years of experience in a commercial (not just multifamily) real estate mortgage loan production office or equivalent
- Bachelor’s degree in Real Estate or Finance, or equivalent education and related training
- An advanced degree is a plus
- Strong analytical skills as well as ability to think outside the box and provide solutions and optionality
- In-depth knowledge of the income producing real estate including knowledge of local/regional/national real estate markets, real estate construction, and all forms of debt and equity and their common structures
- Excellent organizational skills and drive to succeed
- Demonstrated ability to meet deadlines
- Maturity and self-confidence to simultaneously handle a variety of assignments
- Ability to work harmoniously with the team as well as internal/external workers/customers
- Excellent written and verbal communication skills
- Proven self-starter
- Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
- Ability to travel, occasionally overnight
- Prior history of working in a high-volume, fast paced, loan production office preferred
Pay
This position is eligible to earn a base salary in the range of $90k to $105k annually depending on job-related factors such as level of experience and geographic location. This position is also eligible for an annual discretionary bonus.