Senior Commercial Underwriter

6 days ago


miami, United States New Edge Associates a Talent Acquisition Firm Full time

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in finance with New Edge Associates.


We are currently seeking to hire a world-class analyst who can lead the execution of portfolio due diligence and evaluate mortgage loans for acquisition and origination.

  • Perform and document due diligence (or coordination and review of due diligence performed by others) for potential acquisition target.
  • Identify risks associated with loans and investments opportunities.
  • Review appraisals for conformity with initial loan sizing, underwriting and consistency.
  • Analyze borrower and property financials including operating statements, tenant rent rolls, tax returns, balance sheets, and bank statements.
  • Review property historical operating statements.
  • Manage the workflow from data intake through due diligence to final bid preparation.
  • Perform comprehensive financial valuations involving discounted cash flow, accretion/dilution, and comparable company/transaction analysis.
  • Prepare and structure credit memorandums for final approval which should include all fundamentals of proposed loan to ensure compliance with established policies, procedures and guidelines.
  • Coordinate loan closings.
  • Create, update and maintain all aspects of the loan management report.
  • Review and evaluation of Closing Statements, Payoffs, Forbearance Agreements and any other legal department-initiated correspondence intended to be issued to or received from borrowers
  • Perform Ad Hoc analysis and reviews of potential business opportunities.


Requirements:

10yrs.+ of CRE Underwriting (Special Assets and Debt Fund experience preferred)

The ideal candidate has a commercial real estate background (finance/banking) CANNOT be C&I or Consumer related



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