Commercial Real Estate Underwriting Analyst

Reinsurance Group of America, Incorporated • Chesterfield, MO

1d • $78,080 - $110,860

About The Position

Provides high-quality, value-added and timely pre- and post-closing services to Real Estate Underwriting associates, Real Estate attorneys, Closing associates, and RGA’s Regional Real Estate Offices. Pre-closing activities include rent roll and operating expense analysis, initial loan setup in PLM, reviewing property leases and borrower organizational documents, and analyzing real estate market data. Post-closing activities include working with real estate asset management, closing, and servicing to communicate specific loan terms and support efficient processing of borrower requests. These activities are time-sensitive to meet loan-closing deadlines and requirements for posting collateral with the FHLB.

The analyst supports commercial mortgage underwriting by helping prepare credit presentations, analyze property and market information, review due diligence materials, assess loan credit quality, and maintain loan production data. The role also coordinates with underwriting, closing, legal, asset management, servicing, and information technology teams. The position may support evaluation of commercial mortgage loan portfolios considered for purchase in connection with potential future reinsurance business for RGA.

Requirements

• BS in business, economics, finance, or equivalent experience; alternatively, a master’s degree or MBA.
• At least 3 years of investment-related or commercial real estate experience.
• Technical knowledge of commercial mortgages, including loan transactions and pre- and post-close documentation, with strong attention to detail and extreme accuracy.
• Experience in commercial loan originations and solid relationships with correspondents.
• Ability to work independently and collaboratively.
• Well-developed interpersonal skills.
• Advanced knowledge of legal terminology, concepts, practices, and procedures.
• Advanced oral and written communication skills, including the ability to share and transfer knowledge.
• Advanced ability to deliver excellent client service.
• Intermediate investigative, analytical, and problem-solving skills.
• Intermediate people-management skills, including the ability to lead, mentor, and develop associates and delegate key responsibilities.
• Ability to be flexible, take initiative, and demonstrate accountability.
• Ability to adapt quickly to new methods and work under tight deadlines and stressful conditions.
• Ability to set goals and handle multiple tasks, clients, and projects simultaneously.
• Ability to balance priorities and deadlines with detailed, high-quality, accurate work consistent with departmental standards.
• Ability to work effectively in a team environment and participate in department and team projects.
• Ability to translate business needs and problems into viable, accepted solutions that add value to clients.

Nice To Haves

• Master’s degree in Business Administration, Real Estate, or Finance.
• CFA or CCIM designation.
• Prior experience analyzing CMBS or other real-estate-related structured securities.
• Prior experience managing investment management for insurance client assets.

Responsibilities

• Assist in preparing credit presentations under the guidance and direction of Director(s) of Underwriting, compiling information about collateral real estate, property income, market and submarket conditions, and transaction economics.
• Assist with property inspections and support development of market analyses, rent and sales comparable analyses, major tenant analyses, borrower analyses, and lease reviews for underwriter credit presentations.
• Review and summarize appraisals, property condition reports, environmental reports, leases, rent rolls, operating statements, borrower organizational documents, and tenant and borrower financial statements to help identify risks associated with new commercial mortgage loan investments.
• Support Director(s) of Underwriting in coordinating with closers and internal and external legal counsel to help ensure loans meet regulatory requirements and close according to approved terms.
• Assist underwriters and closers in maintaining loan production data for loans in process, including yield and credit characteristics, and support reporting to the Director(s) of Underwriting and other CML team members.
• Assist in developing loan ratings by compiling and analyzing new-loan credit characteristics to support evaluation of potential losses and appropriate market values.
• Liaise between Asset Management and Underwriting to review Asset Managers’ annual quality ratings and compare them with initial underwriting for selected loans.
• Enter data and assist with quality-control reviews of mortgage loan data in RGA’s Loan Management System; work with underwriting, closing, and servicing staff to help ensure the data accurately reflects each new loan’s underwriting characteristics.
• Assist in producing and maintaining loan production reports and coordinate with the information technology department as needed.
• Support Director(s) of Underwriting in evaluating the credit quality of commercial mortgage loan portfolios under consideration for purchase in connection with potential future reinsurance business for RGA.
• Provide pre- and post-closing support, including rent roll and operating expense analysis, initial loan setup in PLM, review of property leases and borrower organizational documents, analysis of real estate market data, and communication of loan terms to support borrower requests.

Benefits

• Annual bonus plan, which includes all roles.
• Some positions are eligible to participate in a long-term equity incentive plan.
• A full range of health, retirement, and other employee benefits.
• Opportunity to gain knowledge and experience from diverse colleagues around the world.
• Respectful, welcoming environment that fosters individuality and encourages pioneering thought.
• Career development potential and global opportunities.

What This Job Offers

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