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As a CBRE Underwriter, you will be responsible for assisting the Chief Underwriter, Deputy Chief Underwriter and Senior Underwriter in evaluating Multifamily Affordable Housing loan requests, assessing key areas of risks and conformance with CMC, Fannie Mae and Freddie Mac credit standards and program requirements. Prepares underwriting submissions for loan committee. Strong work ethic and drive for excellence are essential to join this high-performance team.
What You’ll Do:
- Responsible for credit and real estate analysis, processing incoming exhibits and preparing final delivery underwriting packages. Preparation of Borrower credit analysis including determination of net worth, liquidity, overall financial strength and acceptability of proposed borrower structure.
- Prepares narrative and underwriting packages on new loan requests.
- Reviews underwriting due diligence information and integrates real estate information from market research reports and other third-party sources.
- Trains, plans and supervises assignments of underwriting analysts.
- Interfaces and collaborates with other internal teams, including production analysts, insurance and closing.
- Apply general knowledge of standard principles and techniques/procedures to accomplish assigned tasks and solve problems
- Lead by example and model behaviors that are consistent with CBRE RISE values.
- Explain complex information to others in clear work products.
What You’ll Need:
- Bachelor’s degree and 2+ years’ experience in the evaluation of commercial real estate properties including property inspections, reviewing financial statements, and underwriting loan transactions. Willingness to travel as needed.
- Candidates must possess a strong work ethic, excellent written communication and analytical skills, must be detail-oriented and possess the ability to work effectively with other team members and Freddie Mac/Fannie Mae in a fast-paced environment.
- Strong organizational skills required. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
- Requires knowledge of financial terms and principles. Requires intermediate analytical and quantitative skills to conduct financial analysis.
- Ability to comprehend, analyze, and interpret documents.
- Ability to use existing procedures to solve standard problems.
- Experience with analyzing information and standard practices to make judgments.
- In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.
- Strong inquisitive mindset.
- Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
- In addition to a resume, please submit a cover letter outlining your interest in Multifamily Affordable Housing and how your professional as well as academic background is relevant.
Source: CBRE Career Page
