Director - CRE Underwriter

Job Description

Job Description:

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• Act as the primary underwriting lead with end-to-end ownership of transactions, ensuring timely execution, sound credit outcomes, and alignment across all stakeholders
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• Underwrite and close commercial real estate loans for multiple borrowers and different asset types
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• Lead preparation and defense of credit memos, clearly articulating key risks, mitigants, and structuring rationale for committee, including cash flow analysis, risks and strengths, borrower / sponsor review, and market analyses
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• Act as the central point of coordination across internal teams and external counterparties, proactively resolving issues and maintaining deal momentum
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• Manage a team of 5-10 people
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Professional Qualifications:

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• Candidate is required to have a BA/BS, ideally in commercial real estate finance, finance or similar
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• At least 7 years’ experience underwriting commercial real estate loans at a bank
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• Demonstrated experience independently leading CRE loan transactions from origination through closing (not solely supporting roles)
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• Proven ability to exercise independent credit judgment and make recommendations in situations with incomplete or evolving information
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• Experience structuring CRE loans, including familiarity with risk mitigation tools (e.g. – reserves, covenants, cash management, other credit enhancements, etc.)
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• Must have direct management experience
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