Summary
A top financial services and asset management platform is seeking a Senior Multifamily Underwriter who is highly motivated with a strong work ethic and desire to work in a fast-paced and fluid environment.
Company Information:
A leading financial services and asset management platform for residential property investors with $10+ billion in AUM.
Job Description:
- Conduct credit analysis and underwrite on key credit files including but not limited to: appraisals, financial statements, operating statements, credit reports, inspection reports, environmental reports, loan applications, and other third party reports
- Guide and mentor other members of the underwriting team
- Actively manage multi-family (5+) BPL loan pipelines on a daily basis
- 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
- Collaborate to review feedback from investors, lead and contribute to initiatives to improve origination credit quality
- Understand and appreciate the needs of clients, investors, and capital providers and work collaboratively with the firm’s various other teams and departments
Requirements / Qualifications:
- Hybrid or in-person candidates strongly preferred (NYC)
- At least 5 years of prior experience in a Multi-family (5+) Underwriter position, analyzing BPLs, and Rental Loans, including underwriting BPLs to private investor guidelines and standards
- BS/BA degree or higher, 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
- Excellent written and verbal communication skills
- Strong time-management, organizational, and execution skills
- Team-oriented and highly collaborative personality
