Senior Underwriter
2 days ago
Job Type
Full-time
Description
As a Senior Multifamily / Affordable Housing Underwriter, you will review new applications, monitor the receipt of all due diligence from the borrower, analyze financial feasibility of new transactions, including construction, acquisition, and refinance loans, prepare applications for approval by the Bank's Loan Committee, and ensure the loan is documented to bank and secondary market guidelines where applicable. This position is an individual contributor role with no leadership or management responsibilities, however, will be looked to as a mentor by a less experienced teammate. Apply today, if you want to join a team who is 100% team-oriented and invests in personal/professional development
Requirements
In one year as a Senior Underwriter, you will know you were successful if you...
- Synthesize and analyze due diligence.
- Input historical financial data to determine project cash flow.
- Complete reviews of borrower proforma and sponsor qualifications.
- Build underwriting proforma and construction draw schedule projections.
- Conduct site visits to assess the condition and quality of multifamily projects, their management, and the market.
- Review third-party reports including appraisals, engineering, seismic, Phase I environmental assessments, and operations & maintenance (O&M) plans.
- Maintain organized and fully documented underwriting files and manage underwriting checklists.
- Communicate closely with the Underwriting, Production, Closing, Insurance, and other stakeholders.
- Deliver a comprehensive underwriting narrative to loan committee to garner a credit decision.
- Review final loan documents.
- 5+ years of multifamily underwriting experience; affordable housing experience preferred.
- Requires an experienced understanding of the multifamily real estate lending process.
- Requires a bachelor's degree in finance or a related field of study from an accredited institution.
- Candidates must demonstrate successful critical thinking skills.
- Requires the ability to successfully multitask and perform accurate, timely work with multiple priorities and deadlines; ability to keep transactions moving forward in a fast-paced environment.
- Excellent customer service/interpersonal communication and presentation skills.
- Requires proficiency in Microsoft Excel, Word, and Outlook.
- Respect and empathy towards colleagues and other stakeholders.
With over 30 years of success built on putting people first, Merchants Capital is a proven leader in financing for multi-family housing nationwide. Our licenses with Fannie Mae, Freddie Mac, and HUD/FHA, in addition to our bank's balance sheet products, allow us to offer custom solutions with agility and ease of execution, expanding access to housing in meaningful and impactful ways. Recognized as a top five affordable lender, Merchants Capital pairs our comprehensive debt offerings with in-house tax credit equity to provide a one-stop-shop for developers and owners. To learn more about Merchants Capital, visit www.merchantscapital.com.
-
Underwriting Associate/Senior Associate
4 weeks ago
Washington, United States Capital University Full timeCW Financial Services LLC ("CW") is a premier and unique, full-service real-estate firm providing solutions to institutional clients in the areas of Commercial Real Estate Finance. CW is recognized industry wide for providing the most sophisticated capital markets structuring techniques. We have earned the respect of our borrowers and investors through our...
-
Senior Underwriting Assistant
2 months ago
Fort Washington, United States Aon Full timePosting Description: Aon has an exciting hybrid Underwriting career opportunity as a Senior Underwriting Assistant in our Fort Washington, PA office! Aon is in the business of better decisions At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive,...
-
Senior Account Underwriter, Private
3 weeks ago
Washington DC, United States Zurich Insurance Company Ltd. Full timeZurich is seeking a highly experienced and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join our Mid-Atlantic team out of our DC office. In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit organizations specifically focusing on Directors and...
-
Senior Account Underwriter, Private
2 weeks ago
Washington DC, United States Zurich Insurance Company Ltd. Full timeZurich is seeking a highly experienced and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join our Mid-Atlantic team out of our DC office. In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit organizations specifically focusing on Directors and...
-
Washington, United States Zurich Insurance Company Ltd. Full timeZurich is seeking a highly experienced and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join our Mid-Atlantic team out of our DC office. In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit organizations specifically focusing on Directors and...
-
Junior Commercial Insurance Underwriter
2 weeks ago
Washington, United States Zurich Insurance Company Ltd. Full timeZurich is seeking a highly experienced and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join our Mid-Atlantic team out of our DC office. In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit organizations specifically focusing on Directors and...
-
Underwriting Operations Specialist
2 weeks ago
Fort Washington, Pennsylvania, United States Aon Full timeWe're excited to offer a challenging and rewarding role as a Senior Underwriting Assistant at Aon! As part of our NEMT Underwriting Team, you'll provide critical support to underwriters, handling day-to-day client servicing tasks with precision and attention to detail. Your responsibilities will include processing endorsement requests, generating loss runs,...
-
Washington, United States Zurich Insurance Company Ltd Full timeZurich is seeking a highly experienced and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join our Mid-Atlantic team out of our DC office. In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit organizations specifically focusing on Directors and...
-
Washington, United States Zurich Insurance Company Ltd. Full timeZurich is seeking a highly experienced and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join our Mid-Atlantic team out of our DC office. In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit organizations specifically focusing on Directors...
-
Washington, United States Zurich Insurance Company Ltd. Full timeZurich is seeking a highly experienced and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join our Mid-Atlantic team out of our DC office. In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit organizations specifically focusing on Directors...
-
Sr. Credit Underwriter
2 months ago
Washington, United States Enterprise Community Partners Full timeEnterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $72 billion...
-
Washington DC, United States Zurich Insurance Company Ltd. Full timeZurich is seeking a highly experienced and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join our Mid-Atlantic team out of our DC office. In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit organizations specifically focusing on Directors...
-
Washington DC, United States Zurich Insurance Company Ltd. Full timeZurich is seeking a highly experienced and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join our Mid-Atlantic team out of our DC office. In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit organizations specifically focusing on Directors...
-
Senior Director
3 days ago
Washington, United States Fannie Mae Full timeCompany Description At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and...
-
washington, United States Zurich Insurance Company Ltd. Full timeZurich is seeking a highly experienced and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join our Mid-Atlantic team out of our DC office. In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit organizations specifically focusing on Directors...
-
Washington, United States Zurich Insurance Company Ltd. Full timeAbout the RoleZurich Insurance Company Ltd. is seeking a highly experienced and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join our Mid-Atlantic team based in Washington D.C.In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit...
-
Insurance Underwriter Support Specialist
1 week ago
Fort Washington, Pennsylvania, United States Aon Full timeAbout Aon:We are a global leader in insurance broking and human resources consulting, with operations in over 120 countries. Our team of experts provides innovative solutions to complex problems, helping our clients navigate the ever-changing landscape of risk management.As a Senior Underwriting Assistant at Aon, you will play a vital role in supporting our...
-
Washington, Washington, D.C., United States Zurich Insurance Company Ltd. Full timeJob Overview:Zurich Insurance Company Ltd. is seeking an experienced Senior Risk Manager to join our Mid-Atlantic team in Washington D.C.About the Role:This position involves underwriting and managing a portfolio of management liability risks for private and non-profit organizations, focusing on Directors and Officers (D&O) Liability, Employment Practices...
-
Senior Commercial Loan Officer
14 minutes ago
Washington, United States City First Enterprises Full timeABOUT CITY FIRST ENTERPRISES City First Enterprises (CFE) is a financial institution working at the intersection of financial innovation and impact investment in the quest for a more equitable economy. CFE’s capital allocation vehicle is a loan fund designed to provide accessible debt capital to entrepreneurs, innovators, and change-makers working in...
-
Corporate Risk Manager
1 month ago
Washington, United States Zurich Insurance Company Ltd. Full timeZurich Insurance Company Ltd. is seeking a highly skilled and motivated Senior or AVP Private/Non-Profit Management Liability Underwriter to join its Mid-Atlantic team out of the Washington D.C. office.In this role, you will be responsible for underwriting and managing a portfolio of management liability risks for private and non-profit organizations,...
