Senior Commercial Real Estate Underwriter
20 hours ago
Dollar Bank 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 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.
- 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.
Full-time employees are eligible for a comprehensive benefits package including medical, dental, vision, 401(k) with immediate vesting, tuition reimbursement, and gym membership reimbursement.
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