Summary
A top financial services and asset management platform is seeking a Senior Development and Construction Underwriter to join a growing and fast-paced Credit Team.
Company Information:
A leading financial services and asset management platform for residential property investors with $10+ billion in AUM.
Job Description:
- Create, maintain, and update guidelines and procedures
- Underwrite development and construction loans
- Guide and mentor other members of the development and construction underwriting team
- Manage loan-level risk and ensure loan quality and compliance with company guidelines, including addressing loan-level deficiencies and challenges
- Review loan files for accuracy, creditworthiness, and compliance
- Communicate with Underwriting/Credit Managers and internal partners quickly and effectively to ensure that loans move through the process efficiently to ensure the best possible customer experience
- Review feedback from investors, lead and contribute to initiatives to improve loan credit quality
- Understand and appreciate the needs of clients, investors, and capital providers and work collaboratively with the company’s various other teams and departments
Requirements / Qualifications:
- Hybrid or in-person candidates strongly preferred (NYC)
- At least 5 years of prior experience in development and construction underwriting or lending required
- Demonstrated familiarity with development and construction projects
- Demonstrated familiarity with all phases of development projects including but not limited to: acquisition of land, entitlement of land, horizontal development, vertical development, etc.
- BS/BA degree or higher required, preferably in a related field such as Finance, Business, Economics, Mathematics, or a similar discipline
- Knowledge of mortgage software and an understanding of state and federal loan regulations is preferred
- Advanced Microsoft Excel knowledge required
- Excellent written and verbal communication skills
- Strong time-management, organizational, and execution skills
- Highly motivated with a strong work ethic and desire to work in a fast-paced and fluid environment
- Team-oriented and highly collaborative personality
- Client satisfaction-oriented personality and demeanor
