Senior Underwriter

Brokerage's Commercial Real Estate Lending Group (CREL) is looking for a Senior Underwriter for our New York office. The candidate will be responsible for overseeing and management of the due diligence/underwriting process for commercial real estate debt transactions across the US, and will closely with originations, legal and credit professionals.

• Manage 6 – 8 deals in underwriting process for loans between $2 million - $50 million secured by commercial real estate nationwide;
• Review credit approval memos and cashflows prepared by an outside diligence firms prior to submission to Credit Risk Management;
• Review and analyze operating statements, review leases, and determine underwritten cashflow;
• Ability to determine potential issues and to structure and mitigate concerns;
• Assist in presentation of transaction at credit committee;
• Assist with the securitization of loans by participating in B buyer calls, and by answering rating agency and investor questions;
• Perform site inspections;
• Order and review appraisals, engineering and environmental reports, as well as credit searches, lease reviews, tenant sales information and crime reports.

• Bachelor's degree in Real Estate, Hospitality, Accounting, Finance, Economics, Business, or a related field;
• Minimum of 3-5 years of experience in commercial real estate loan underwriting, acquisition due diligence, real estate valuation or asset management;
• Solid knowledge of commercial real estate and lending fundamentals;
• Proficient with MS Excel with experience using CoStar and Argus a plus;
• Strong organizational skills and ability to manage due diligence process for 10+ transactions simultaneously;
• Ability to multi-task and the ability to effectively prioritize and manage time/workload;
• Attention to detail with the ability to work on multiple deals in a quick-paced environment.

• Solid knowledge of commercial real estate and lending fundamentals;
• Proficient with MS Excel with experience using CoStar and Argus a plus;
• Strong organizational skills and ability to manage due diligence process for 10+ transactions simultaneously;
• Ability to multi-task and the ability to effectively prioritize and manage time/workload;
• Attention to detail with the ability to work on multiple deals in a quick-paced environment.