Senior Underwriter

Role: Senior Underwriter
Location: New Brunswick, NJ (3–4 days onsite)
Salary: $135K–$145K + discretionary bonus

? Overview

We are partnering with a client seeking an experienced Senior Underwriter to support complex lending transactions. This role is ideal for a professional who thrives in a hands-on, analytical environment and can independently manage deals from initial review through closing.

? Key Responsibilities

• Lead underwriting for complex credit transactions , including construction and structured finance deals
• Evaluate borrower financials, project budgets, and associated risks
• Prepare detailed credit analyses and recommendations for approval
• Manage the full deal lifecycle , from initial screening through closing
• Develop and maintain financial models to support underwriting decisions
• Collaborate with internal teams across credit, legal, and portfolio management
• Ensure compliance with internal policies and external regulatory requirements

? Required Qualifications

• 7–10+ years of experience in commercial lending, structured finance, or community development finance
• Strong background in credit underwriting and financial analysis
• Advanced proficiency in Excel and financial modeling
• Demonstrated ability to work independently and make sound credit decisions
• Experience assessing construction projects and development-related transactions

? Preferred Qualifications

• Exposure to complex capital structures (e.g., tax credits, subsidies, participations)
• Familiarity with community development or nonprofit lending environments
• Knowledge of specialized programs such as NMTC or similar initiatives
• Experience with loan management systems (e.g., Loans.net or comparable tools)

? Ideal Candidate

• Background in a commercial bank, CDFI, real estate lender, or structured finance firm
• Experience underwriting real estate and development-focused transactions
• Comfortable operating in a mission-driven or impact-focused environment
• Strong communication skills with the ability to present analyses clearly
• Highly organized, detail-oriented, and capable of managing multiple deals simultaneously