Senior Underwriter Jobs

About the role

Responsible for performing all due diligence vital to make informed recommendation to loan committee regarding the risks and mitigates for securing multifamily property loans and reviews field underwriting submissions to ensure internal credit quality and investor compliance.

What you’ll do

Presents transaction for loan committee approval.

Preparation of Borrower credit analysis including determination of net worth, liquidity, overall financial strength and acceptability of proposed borrower structure.

Acts as primary liaison between loan producer, investor, legal counsel and closing officer throughout the underwriting process.

Performs property and market level due diligence, reviews third party reports and legal documents to ensure compliance with internal credit tolerances as well as investor requirements.

Other related tasks include credit and real estate analysis, processing incoming exhibits and preparing final delivery of investor packages.

Other duties as assigned.

May assist in supervisory responsibilities of the Underwriter and/or Underwriting Analyst in this position. Coordinates and assigns tasks to co-workers within a work unit or project team. Leads project teams and/or plan, and supervise assignments of lower level employees. May have responsibility for identifying training needs, tracking performance, coaching, and motivating team members.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

What you’ll need

Bachelor's degree from a four-year college or university required. Concentration in Finance, Accounting, Economics, Real Estate or other related subject preferred. Minimum five years multifamily Underwriting experience.

Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.

Requires advanced knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and commissions. Conducts advanced financial analysis.

Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems involving several options in situations. Requires advanced analytical and quantitative skills.

Proficient in common Adobe and Microsoft applications including: Word, PowerPoint and Excel. Knowledge and understanding of the principles and procedures for underwriting and processing of Fannie Mae DUS multifamily, seniors housing, student housing, and affordable housing transactions.

Will be required to travel as needed.

Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results and deadlines. Responsible for setting work unit and/or project deadlines. Errors in judgment may cause short-term impact to department.

Why CBRE?

CBRE prides itself on its RISE values of Respect, integrity, Service and Excellence. When you join CBRE you will have the support and resources of a global firm where an ambitious mindset is encouraged. You'll realize your potential with exciting work, fast-paced assignments, and an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance.

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future

NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.