Job: Commercial Real Estate Lending Underwriter

This posting has expired and is no longer available.

Job Description

Assists in the growth of a strong commercial real estate and lending portfolio. This position is responsible for supporting YAM Capital by conducting financial evaluations and assisting with the due diligence process, the loan closing process, and portfolio management for commercial real estate lending.

Responsibilities:

  • Evaluate commercial real estate property analytics
  • Assist in research, front-end financial modeling and due diligence for lending
  • Assess financial needs and recommend loan structures; prepare detailed analysis of personal and business assets for collateral valuation and determine total loan to value calculations within policy guidelines
  • Analyze and interpret financial statements, tax returns, personal financial statements, statement spreads, and other financial information in order to determine the feasibility of prospective borrowers and provide recommendations for further consideration of request
  • Identify strengths and weaknesses of underlying credit requests through balance sheet and income statement analysis, ratio analysis, and cash flow analysis
  • Create credit memorandums and ensure detailed accuracy and maintain quality control and integrity of the data
  • Perform other related duties as assigned

 Experience and Education Required:

  • Bachelor's degree in business, finance or accounting
  • One to three years of financial analysis/commercial real estate credit experience, or knowledge of debt financing, collateral and valuation concepts
  • Knowledge of credit granting criteria, interest rates and other lending concepts

 Skills Required:

  • Excellent written and oral communication skills are required
  • Requires some proficiency in the use of credit spreading analysis, Word, Excel and mortgage servicing software programs
  • loan interviewing skills and techniques preferred
  • Ability to work in a demanding environment and within established service standards
  • Credit training is helpful but not required
  • Must have a professional, positive and flexible attitude