Take your career to the next level with the latest innovations and advancement in CRE technology, employment and professional development

GlobeSt logo

The Professionals’ Choice for Real Estate Jobs
  1. Home
  2. Find Jobs
  3. Underwriter
Keller Augusta Partners

Underwriter

Salary
$150,000-$174,999
Employment
Full Time
Real Estate Field
  • Finance / Investment
Location
Bethesda
 MD
Postal Code
20810
Country
United States

This job is no longer active.

Description


Our client is one of the largest U.S. multifamily lenders housed within a top U.S. commercial bank.  This allows them to draw on their specialized expertise in Agency finance – including Fannie Mae, Freddie Mac, and FHA – along with the strength of their balance sheet to build the customized financing solutions

Primary Duties and Responsibilities

  • Lead the underwriting process, managing deal timelines, developing credit recommendations, and ensuring agency/bank compliance.
  • Work directly with production teams to develop loan structures that will meet client’s financial objectives.
  • Develop and maintain strong relationships with production and closing departments as well as external agency investors.
  • Write and prepare loan proposals and underwriting/due diligence packages.
  • Model multifamily cash flows, analyze property valuations and review third party reports.
  • Review financial statements analytics and cash flow models.
  • Conduct detailed economic and market research to determine feasibility of transactions.
  • Write and prepare loan proposals and underwriting / due diligence packages.
  • Prepare analytics for new loan proposals and/or development of new reports.
  • Assist team members in performing market surveys and standard due diligence.
  • Review third party reports from vendors such as appraisers, surveyors, and engineers and ensure compliance with all prescribed requirements.
  • Review governing agreements and program requirements to ensure compliance.

 

Skills / Experience Requirements

  • Experience in underwriting Multifamily and/or Commercial Real Estate deals.
  • Exceptional analytical skills, attention to detail and accuracy
  • Ability to problem-solve and efficiently prioritize tasks to manage deal timelines.
  • Possesses knowledge of credit standards and agency compliance.
  • Highly developed analytical skills including the ability to create complex spreadsheets, presentations and process maps.
  • Proficiency in Microsoft Excel, Word, and PowerPoint.
  • Outstanding writing skills including the ability to communicate articulately and concisely.
  • Demonstrated track record of Fannie Mae and Freddie Mac Multifamily Affordable underwriting experience with preservation, new construction forward underwriting, and substantial rehab.
  • Candidate should have knowledge and experience in Taxable and Tax-Exempt financing structures including projects with Section 8, LIHTC, regulatory agreements, tax abatements, and subordinate debt structures
  • Ability to multitask while maintaining organization.
  • High integrity, entrepreneurial drive, and intellectual curiosity are a must.

Job Functions


  • Financial Analysis
  • Underwriting
 

Job Sector


  • Residential
 

Experience


5+ to 7 years


This job is no longer active.

 
SelectLeaders is where real estate professionals and executives manage their careers, network and come for valuable information about their industry. © 2005 - 2019 SelectLeaders LLC