Vice President, CRE CMBS Conduit Underwriting

SitusAMC • New York, NY

6d

About The Position

SitusAMC is recruiting for a client, a leading global investment bank that has launched a Commercial Real Estate Finance business and is expanding its team across originations, underwriting, capital markets, and portfolio management. The role is for a Vice President or Associate-level CMBS Conduit Underwriter supporting the continued growth of the platform. It combines the resources, infrastructure, and established underwriting framework of a global institution with the visibility and impact of a growing business. The position offers exposure to a broad range of commercial real estate transactions and an opportunity to contribute to the platform’s development.

The underwriter will lead credit analysis and underwriting for conduit loan transactions, evaluate property and sponsorship fundamentals, prepare and present credit recommendations, structure loans to applicable standards, coordinate third-party diligence, and work with borrowers, brokers, and internal stakeholders throughout transactions.

Requirements

• Bachelor's degree in Finance, Real Estate, Economics, or a related field.
• At least 5 years of commercial real estate underwriting experience, with significant CMBS/conduit lending exposure.
• Strong understanding of CMBS structures, securitization, and commercial real estate finance.
• Advanced financial modeling and cash flow analysis skills.
• Ability to work with existing rating agency models.
• Proficiency in Excel.
• Excellent credit writing, presentation, and communication skills.

Responsibilities

• Lead underwriting and credit analysis for conduit loan transactions across office, multifamily, industrial, retail, hospitality, and mixed-use properties.
• Analyze property cash flows, rent rolls, financial statements, market fundamentals, and sponsorship.
• Prepare credit memoranda and present recommendations to investment and credit committees.
• Structure loans in accordance with the company’s credit standards and CMBS requirements.
• Coordinate third-party due diligence, including appraisals, environmental reports, and legal reviews.
• Work directly with borrowers, brokers, and internal stakeholders throughout the transaction process.

Benefits

• Paid time off (PTO)
• Paid holidays
• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• 401(k)
• Certain positions may be eligible for a discretionary bonus, subject to program guidelines, position eligibility, and senior management approval.

What This Job Offers

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