TL/AM/ Sr Underwriter

As an Underwriter in commercial real estate, you will work with U.S.

and India teams supporting clients in analyzing the real estate collateral securing a proposed loan, the surrounding market/sub-market and demographic area as well as the financial strength and experience of the borrower/guarantor.

You will be responsible for making credit worthy decisions on complex commercial real estate transactions to determine acceptability of risk in accordance with the clients guidelines and standards.

You will be a player/coach and manage teams across multiple projects and be involved in all aspects of the due diligence and underwriting process including:

Interacting with clients and maintaining client relationships
Evaluating all financial statements, identifying recurring and non-recurring income/expenses, differentiating between capital expenditure and operating expenses, and understanding cash and accrual methodologies
Analyzing rent rolls and financial modelling
Preparing, reviewing and analyzing ARGUS models
Abstracting and understanding leases and loan documents
Evaluating reimbursement structures
Reviewing and analyzing borrower/sponsor searches
Reviewing and analyzing tenant searches
Reviewing third party appraisal, engineering and environmental reports
Writing and reviewing all aspects of the credit memorandum and/or asset summary report
Applying a critical eye at each phase of the process and reporting any anomalies to the client
Providing closing support to the client including coordinating with closing departments and outside counsel in the preparation, review and approval of loan documentation to ensure the documents meet agreed upon business terms and satisfy the specific requirements of the appropriate credit approval authority
Supervising junior staff in two offices across countries and time zones
Managing and working on multiple transactions with support from junior underwriters
Managing deadlines, multi-tasking and maintaining high production and quality standards
Allocating resources efficiently based on timelines and workload

The successful candidate will have the following qualifications:
Undergraduate degree and preferably a Masters degree in business with a finance or accounting concentration
Commercial real estate and/or capital markets debt underwriting or credit analysis experience with a lending institution is a strong plus
5- 8 years of hands-on commercial real estate experience in any of the following:

(1) commercial real estate lending or underwriting, (2) loan portfolio management (3) credit or financial analysis (4) completion of corporate credit training or a professional development program (5) commercial real estate acquisitions or dispositions, (7) commercial property management, (8) commercial real estate appraisal, (9) commercial real estate market research (10) CMBS asset management or servicing

Strong interpersonal skills and be able to communicate effectively
Ability to write in a concise and clear manner to convey complex information
Must be self-motivated and able to work in teams and individually
Knowledge and experience of credit policy and credit administration procedures
Strong EXCEL skills along with proficiency in MS-Word and other Microsoft Office tools.
Must be able to work in various third party underwriting systems e.g. Closer/Rockport/Backshop or proprietary underwriting systems
Strong quantitative and analytical skills

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates.

We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals.

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