Underwriting Analyst - Proprietary Lending Program

Berkadia•Atlanta, GA

6h•Hybrid

About The Position

The Underwriter for the Proprietary Lending Program (PLG) is responsible for analyzing and underwriting complex commercial real estate loan applications across various multifamily and seniors asset types. The primary duty is to assess whether the transaction and potential borrower present an acceptable level of risk. If the application is accepted, the Underwriter collaborates with Financial Analysts to prepare the loan committee package. Berkadia’s mortgage banking platform is consistently ranked among Fannie Mae, Freddie Mac and HUD’s top lenders and is seamlessly integrated with our investment sales and servicing platforms to provide superior client service. Let the strongest research, technology, capital relationships, and a nationwide network of industry professionals propel you to the next stage of your commercial real estate career. Be Backed by the Best. Be Berkadia. We Innovate to shape the future of CRE.

Requirements

In-depth knowledge of commercial real estate underwriting, including cash flow forecasting and pricing metrics.
Experience in reviewing and approving engineering and environmental reports, zoning reports, and appraisals.
Ability to thrive in a fast-paced environment and efficiently manage assignments to meet deadlines.
Excellent communication and interpersonal skills for effectively collaborating with internal teams and external stakeholders.
Proficiency in the MS Office Suite.
Bachelor's degree or equivalent
0-3 years of experience in a similar position

Responsibilities

Analyze and review borrower credit information, third-party reports, and property financial and physical data to assess deal viability.
Conduct site inspections to evaluate the market competitiveness of proposed collateral and determine the economic feasibility of projected income streams.
Prepare underwriting narratives and independent cash flow value estimates for large, complex transactions, including multifamily and seniors bridge loans.
Present recommendations and key documentation (term sheets, credit memos, etc.) to the appropriate approval committee.
Maintain consistent communication with the company's mortgage banking network and manage borrower clients through the approval and closing process.
Collaborate with manager, Team Leader, loan closers, and legal counsel to facilitate loan requests through approval and closing.
Organize and participate in customer meetings and conference calls.
If required, cross-train on the company's various products and exit strategies to enhance the ability to underwrite diverse deal types.
Other duties as assigned.