Real Estate Insurance Underwriter

Senior Agency Underwriter

Provide high level multifamily commercial real estate mortgage loan and borrower credit analysis including loan sizing, structuring, underwriting and recommendations to the Credit Risk Management team. Supervise all of the underwriting and due diligence and make well supported recommendations to credit authorities regarding final deal terms and structure. The Senior Agency Underwriter will be highly proficient with Fannie Mae and Freddie Mac ("Agencies") Guide and Underwriting requirements, is expected to develop expertise in specialized executions and areas such as Affordable Lending, and will be skilled in managing a multidisciplinary team to meet deadlines in a high production environment.

Lead underwriting teammates in the collection and analysis of data from property owners, borrowers, lenders and third party sources to prepare mortgage loan submissions in compliance with Agency standards for Agency and Truist Credit approvals.

Coordinate property inspections, rendering judgments as to the physical and economic conditions of the property, its immediate area, neighborhood and city, as well as comparable properties. Document findings with presentations including maps and aerials in support of conclusions.

Manage, review and interpret all third party reports including property appraisals, physical needs assessments, and environmental reports, confirming their adherence to agency requirements.

Analyze the borrower's legal structure and financial statements in light of property and market circumstances, Agency and Truist requirements. More specifically, perform thorough credit and financial analysis of Borrower Entities, Key Principals, and Principals, assuring that applicable Know Your Customer standards are applied.

Ensure credit risk issues are appropriately mitigated and significant concerns are discussed as appropriate with the Deputy Chief Underwriter or Chief Underwriter.

Ensure all information reflected in underwriter's narrative is accurate, that material factors (strengths, weaknesses and mitigants) affecting the transaction are adequately considered and that all credit decisions proposed in the underwriting of the loan are properly supported.

Support the Deputy Chief and Chief Underwriters, exercising a high degree of autonomy in completing all underwriting aspects of the final loan delivery package.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelor's degree in related field or equivalent education and 3-5 years' experience underwriting agency loans

Proficient level of computer skills, including strong abilities with Microsoft products such as Excel, Word, PowerPoint, etc. and their related applications

Ability to direct and train junior agency underwriters

Ability to travel, occasionally overnight

Strong technical skills in underwriting, structuring, pricing and closing complex multifamily deals

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site . Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law.