Underwriting Analyst

Job Title

Underwriting Analyst

Reports To

Underwriter

FLSA Status

Exempt

Department

Underwriting

Job Purpose

The Underwriting Analyst plays an important role within the Underwriting Department. Underwriting Analysts collaborate with Underwriters and other staff to deliver mortgage recommendations to lenders in a fast-paced, deadline-driven environment. Underwriting Analysts will contribute to financial review and analysis of commercial real estate properties nationwide across agency, balance sheet, and/or CMBS executions. Job functions include, but are not limited to management analysis, market research, property condition analysis, valuation and financial analysis, and on-site property inspections.

Duties and Responsibilities

• Perform comprehensive analysis and interpretation of multifamily real estate transactions in partnership with the team, ensuring adherence to lender guidelines.
• Demonstrate ownership of your work, take on challenges and practice patience when learning new processes.
• Reviews, tracks and maintains organization of due diligence for transactions.

• Gathers site, neighborhood, and city data including demographics, sales and rent comparable(s), absorption surveys and occupancy studies.
• Prepare property condition analysis and identify property level risks using engineering reports.
• Analyze, review, and spread leases, rent rolls, operating statements, and collections of commercial real estate properties.
• Crosstrain across the Companys various products to cultivate ability to underwrite a variety of deal types.

Minimum Qualifications

• Bachelors degree required; business, communications, or analytical-related field of study preferred.
• Proficiency in Microsoft Office including Outlook, Word, PowerPoint, and Excel
• Organized and detail oriented
• Excellent organizational, communication (written and verbal) and presentation skills.
• Problem-solving skills to reflect level of responsibilities
• Self-motivated and solutions-oriented approach

Preferred Qualifications

• Experience in commercial real estate is strongly preferred
• 2+ years of professional experience with experience in underwriting/financial analytical capacity preferred

Critical Competencies

• Ability to interface with all levels of management.
• Excellent written and verbal communication skills.
• Passionate about culture; understands the significance of a companys culture and its power to drive success.
• Self-starter and ability to work well individually and as part of a team.
• Ability to work across disciplines to generate new processes and/or resolve issues.

• Strong work ethic and willingness to work extended hours when necessary.

• Strong attention to detail, organizational skills, and the ability to set and meet deadlines in a fast-paced environment.
• Excellent time management skills with the ability to meet deadlines and handle short timeframes.
• Proven ability to successfully prioritize multiple tasks and allocate resources to meet goals.
• Creative thinker with sound judgment.
• Proven ability to take initiative, think on your feet, and make thoughtful decisions.
• Highly effective project management and time management skills.

Working conditions

This position is in an office or remote environment, and occasional travel is required.

Physical requirements

• Ability to remain in a stationary position (e.g., sitting or standing) for extended periods.
• Frequent use of hands and fingers for typing, writing, and handling office equipment.
• Ability to communicate clearly in person and via electronic means.
• Occasional lifting or moving of items up to 1020 pounds (e.g., office supplies).
• Visual ability to read documents, screens, and reports.
• Ability to navigate office environment, including walking short distances.

EEO Statement

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status. All employment decisions are based on qualifications, merit, and business needs.

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