Commercial Real Estate Underwriting Professional
3 days ago
About the Role:
We are seeking an experienced Commercial Real Estate Underwriting Professional to join our dynamic team at Bayview Asset Management. As an Associate, CRE Underwriter, you will play a crucial role in evaluating and underwriting commercial real estate loans originated by our company.
Key Responsibilities:
- Evaluate loan requests from various stakeholders, conducting thorough due diligence to assess potential risks and the property's ability to generate sufficient operating income to pay debt service
- Analyze cash flow statements, financial reports, and other relevant data to determine loan feasibility and suitability
- Prepare detailed documentation, including Investment Committee Memos and Asset Servicing Reports, outlining loan terms, conditions, and narratives explaining the loan request, sponsor's business background, loan risks, and mitigating factors
- Work closely with various departments within Bayview Asset Management, including Real Estate Valuation and CRE asset management teams, to ensure compliance with our credit policies and procedures
- Perform site inspections and participate in coordinating responses to inquiries from B-piece buyers, rating agencies, and other investors
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