Independently perform all due diligence necessary to make an informed recommendation to loan committee regarding the risks and mitigants for a loan secured by a multifamily property. Some oversight required with strong knowledge of Fannie Mae and Freddie Mac requirements.
CBRE Multifamily Capital Inc. - Multifamily Underwriter requires 1-3 years multi-family underwriting experience to work within the affordable housing underwriting group. Primary responsibilities include:
Process incoming exhibits and other documentation required for loan approval.
Review of field underwriting submissions in preparation for loan committee and final delivery of investor packages.
Prepare investment memos for presentation to loan committee.
Perform property and market level due diligence.
Other related tasks include credit, market and real estate analysis.
Bachelor's degree from a four-year college or university required. Minimum two years experience in analysis of commercial real estate properties, including duties such as inspecting property, reviewing financial statements, and underwriting loan transactions. Appraisal experience is desirable for property valuation and market analysis.
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
Requires knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts basic financial analysis.
Ability to comprehend, analyze, and interpret documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.
Proficient in common Adobe and Microsoft applications including: Word, PowerPoint and Excel.
Will be required to travel as needed.
Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.
Candidates must possess a strong work ethic, excellent written communication and analytical skills, must be detail-oriented and possess the ability to work effectively with other team members and Production personnel in a fast paced environment. Travel required. Must be proficient in MS-Excel, Word and Office. The ideal candidate will have a BS in finance, accounting, economics, real estate or other related subject.
Equal Opportunity and Affirmative Action Employer Women/Minorities/Persons with Disabilities/US Veterans
- Capital Markets
- Financial Analysis
- Alternative Investments
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