Senior Commercial Real Estate Underwriter

18 hours ago


Pittsburgh PA USA, United States Dollar Bank, FSB Full time
Senior Commercial Real Estate Underwriter

Dollar Bank, FSB is seeking a highly skilled Senior Commercial Real Estate Underwriter to join our team. As a key member of our commercial lending group, you will be responsible for analyzing and preparing credit proposals for new and existing commercial real estate relationships.

Key Responsibilities:
  • Analyze and prepare credit proposals for new and existing commercial real estate relationships.
  • Monitor the borrower's financial performance to assist in the risk rating process.
  • Assist in the preparation of monthly reports and perform ongoing portfolio analysis.
  • Perform underwriting of new and existing commercial real estate loans to assess the financial condition, repayment capacity, and risks associated with the transaction.
  • Review and analyze loan documents, leases, sales agreements, appraisals, and other related materials.
  • Effectively communicate results of the underwriting in a written loan presentation for review by lenders and senior management.
  • Assure all analysis and underwriting conforms to credit policy, banking regulations, and commercial real estate underwriting policies.
  • Research data to obtain information regarding current and projected status of certain industries, borrowers, and market trends to assist in determining its impact on both the real estate and banking industry.
  • Assist the lenders in the drafting/preparation of application letters.
  • Prepare monthly credit and portfolio loan reports.
Requirements:
  • Bachelor's degree required. Will consider professional experience in lieu of education. Degree in accounting, finance, or economics strongly preferred.
  • Three (3) years of experience in analysis/underwriting of commercial real estate loans/transactions required.
  • Excellent oral and written communication skills in addition to strong analytical, problem-solving, and organizational skills.
  • Ability to work on multiple projects simultaneously, independently, and achieve required objectives with limited supervision.
  • Experience with real estate software a plus.
  • Experience in an appraisal-related field a plus.
  • PA Real Estate License a plus.


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