Multifamily CRE Underwriter

ARMADA ANALYTICS LLC • Dallas, TX

2d

About The Position

The Underwriter plays an integral part in the success of the Underwriting Department. The Underwriter is responsible for ensuring that high quality service is delivered to clients in the process of completing transactions across agency, balance sheet, and/or CMBS executions. Underwriters are responsible for the completion and presentation of credit risk analyses of properties, markets, borrowers, and loans. In addition to performing your responsibilities autonomously, the Underwriter plays a leadership role across deal teams by guiding and shaping less experienced associates.

Requirements

• Bachelor’s degree required; business, communications, or analytical-related field of study preferred.
• Proficiency in Microsoft Office including Outlook, Word, PowerPoint, and Excel.
• Experience with multifamily housing products.

Nice To Haves

• 3+ years’ experience in underwriting/financial analytical capacity; experience in commercial real estate strongly preferred
• Demonstrated knowledge of and experience in underwriting. This includes but would not be limited to a strong working knowledge of the key players in the industry, the ability to identify and underwrite the key credit, sponsor related risks, and the ability to evaluate alternative risks carefully when structuring a transaction, and a demonstrated knowledge of property operations.
• Experience in in Affordable, Seniors, or FHA transaction types a plus but not required.

Responsibilities

• Analyze, interpret, and underwrite multifamily real estate transactions in compliance with respective agency guidelines.
• Analyze and review borrower credit information and structure, third party reports, property financials and physical information to determine deal viability.
• Cross-train across the Company’s various products to cultivate ability to underwrite a variety of deal types.
• Accountable for ensuring actions and behavior drives a positive customer experience.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level