1. Choose your Affinity Group

* Equal Opportunity / Affirmative Action

We serve Equal Opportunity Employers and are an Equal Opportunity Employer. The Professional Diversity Network has separate professional networking sites for different affinities, and in selecting the groups you identify with, you will be joined with those networks.

Note: Providing this information is strictly voluntary - you will not be penalized or subjected to adverse treatment. If you choose not to provide this information, simply select "Choose not to identify."

2. Choose Method
X
Sign in with LinkedIn
Sign in with Facebook
OR

Tell us about yourself

Underwriter
at CBRE
Boston, MA

Underwriter
at CBRE
Boston, MA

Save or bookmark jobs as you go and access them anytime later with your account.

Contacts

Description

Responsible for assisting the Chief Underwriter and Senior Underwriter in evaluating loan requests, assessing key areas of risks and conformance with CMC and Fannie Mae credit standards and program requirements. Reviews and prepares field underwriting submissions for loan committee and investor submission.

ESSENTIAL DUTIES AND RESPONSIBILITIES  
Responsible for credit and real estate analysis, processing incoming exhibits and preparing final delivery of investor packages. Preparation of Borrower credit analysis including determination of net worth, liquidity, overall financial strength and acceptability of proposed borrower structure.

Reviews, amends and/or prepares Underwriters narrative and underwriting packages on new loan requests.

Reviews underwriting due diligence information and integrates real estate information from market research reports and other third party sources.

Interfaces and collaborates with department support staff i.e. production analysts.

Reviews and submits post-closing underwriting loan delivery packages to Fannie Mae.

Other duties as assigned.

SUPERVISORY RESPONSIBILITIES  
No formal supervisory responsibilities in this position. Provides informal assistance such as technical guidance, and/or training to coworkers. May lead project teams and/or plan, and supervise assignments of lower level employees.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and EXPERIENCE  
Bachelor's degree from a four-year college or university required. Minimum two years experience in analysis of commercial real estate properties, including duties such as inspecting property, reviewing financial statements, and underwriting loan transactions. Appraisal experience is desirable for property valuation and market analysis.

COMMUNICATION SKILLS  
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.

Requires knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts basic financial analysis.

Ability to comprehend, analyze, and interpret documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.

Proficient in common Adobe and Microsoft applications including: Word, PowerPoint and Excel.

Will be required to travel as needed.

Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.

SCOPE OF RESPONSIBILITY  


Similar Jobs

See All »

Other Jobs at CBRE

See All »