VP - Deputy Chief Underwriter

BerkadiaAustin, TX
5hHybrid

About The Position

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. The VP - Deputy Chief Underwriter assists in overseeing the company's underwriting function for a specific product and in developing and implementing underwriting techniques. This role requires deep knowledge of product-related guidelines, an extensive track record with multiple platforms or products, and the ability to maintain a high level of service for both internal and external customers. We Innovate to shape the future of CRE, so in this role you will:

Requirements

  • Strong leadership and team management skills.
  • Excellent analytical and problem-solving abilities.
  • Proven track record of building and maintaining professional relationships.
  • Ability to adapt to changing market conditions and regulatory environments.
  • 10+ years of experience in a similar position

Responsibilities

  • Support the Chief Underwriter in recruiting, developing, mentoring, and retaining a diverse talent pool.
  • Collaborate with the Chief Underwriter to manage the deployment of the company's team of underwriters and analysts, including managing underwriting assignments and scheduling.
  • Assist the Chief Underwriter in implementing credit policy standards and provide guidance on specific transactions by reviewing underwriting narratives and files.
  • Contribute to the supervision, creation, and application of policies and procedures supporting the underwriting function, and evaluate closed loans for consistency with original underwriting parameters.
  • Help foster and maintain external relationships with agencies and other trade associations.
  • Assist in developing the annual budget for the business unit and support the Chief Underwriter in achieving and exceeding business performance metrics and drivers.
  • Lead or contribute to training on Fannie Mae products, risk concepts, underwriting best practices, and Guide changes.
  • Help manage staffing, workload balancing, and prioritization on the Fannie Mae underwriting platform.
  • Oversee underwriting quality on a portfolio of deals, ensuring consistent application of credit standards, sizing, and underwriting assumptions.
  • Act as a subject-matter expert on the Fannie Mae DUS Guide, forms, and credit policies
  • Interpret and communicate Guide changes and Fannie Mae lender letters to underwriting, production, and closing teams.
  • Mentor and develop underwriters and analysts; provide deal-level coaching and structured feedback.
  • Other duties as assigned.

Benefits

  • Monthly paid volunteer hours and donation matching to benefit our communities
  • Employee Resource Groups that help you grow with us
  • Fertility and family planning services
  • Up to 12-weeks of fully paid parental leave
  • Mental health care, including free counseling sessions:
  • We'll help you fund your learning journey with generous tuition reimbursement
  • Pet insurance discounts
  • And more!
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