Senior Commercial Underwriter

Cantor FitzgeraldHouston, TX
2d

About The Position

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended March 31, 2025, Newmark generated revenues of over $2.8 billion. As of March 31, 2025, Newmark and its business partners together operated from 165 offices with approximately 8,100 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

Requirements

  • Education: Associate’s or Bachelor’s degree preferred; equivalent experience accepted.
  • Experience: Minimum 5 years in escrow, mortgage closing, or post-closing operations. At least 2 years in a supervisory or leadership role.
  • Skills: Strong knowledge of escrow procedures, title insurance, and post-closing documentation.
  • Excellent attention to detail and problem-solving abilities.
  • Strong organizational and multitasking skills.
  • Proficient in escrow or loan origination systems (e.g., SoftPro, Encompass, ResWare).
  • Effective written and verbal communication skills.
  • Leadership, team-building, and conflict resolution skills.

Responsibilities

  • Independently underwrite complex national commercial real estate transactions, including acquisitions, refinances, construction loans, portfolio transactions, and multi-site deals
  • Analyze title searches, commitments, surveys, legal descriptions, organizational documents, and transaction structures to assess and mitigate risk
  • Issue title commitments and proformas with endorsements in compliance with underwriting guidelines and state-specific regulations
  • Identify title defects, curative requirements, and risk issues, and develop practical solutions to facilitate timely closings
  • Communicate closely with assigned commercial escrow officers on each transaction to prepare needs lists for closings
  • Provide underwriting guidance and support to commercial escrow officers
  • Assist in resolving underwriting objections raised by lenders, borrowers, and counsel
  • Support claims avoidance efforts through thorough risk analysis and documentation
  • Participate in training and mentoring of junior underwriters and operations staff
  • Communicate with all parties on commercial transactions, take client phone calls, and participate in deal specific conference calls

Benefits

  • Industry leading Parental Leave Policy (up to 16 weeks)
  • Generous healthcare
  • Bright Horizons back-up care program
  • Generous paid time off
  • Education reimbursement
  • Referral Program
  • Opportunities to network and connect within the industry
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