Underwriting Analyst

Our Client, a Capital Provider, is seeking an Underwriting Analyst in their Iselin, NJ location:

Essential Job Functions

• Analyze purchase contracts, rehab scope, ARV, exit strategies, and market trends for fix and flip projects
• Review property appraisals, rental income, expenses, exit strategies, and global DSCR for investment deals
• Verify applicant credentials, experience, and performance on previous construction projects
• Evaluate preliminary plans, blueprints, specs, budgets, and timelines for construction loans
• Identify risk factors including cost overruns, delays, absorption periods, and market changes
• Use financial modeling and sensitivity analysis to stress test deals and loan structures
• Provide approval recommendations and structure terms including LTV’s interest rates, and recourse conditions
• Develop relationships with brokers, borrowers, contractors, and real estate agents
• Stay current on regulatory compliance for bridge lending and DSCR products
• Manage and oversee overseas staff workflow, quality, and productivity
• Build efficient processes and procedures to maximize overseas team output by working with CTO
• Continuously improve overseas operations through training, feedback, and iteration

Skills and Qualifications

• Bachelor’s degree in finance, real estate, or economics preferred
• 1-3+ years of experience in construction, fix and flip, or commercial real estate lending
• Strong financial analysis skills and attention to detail
• Ability to accurately evaluate plans, budgets, timelines, and exit strategies
• Knowledge of construction methodologies, investment analysis, and underwriting standards
• Proficiency in using spreadsheets, financial modeling, and risk analysis
• Excellent written and verbal communication abilities
• High credit analytical and risk assessment skills