Senior Underwriter- DUS

2 months ago

Irvine, United States Newmark Full time

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.


Newmark is in search of Underwriters with 3-5+ years of commercial underwriting experience. The Underwriter's primary responsibilities will be to provide day-to-day financial, market, and underwriting analysis of multifamily loans. This is an excellent opportunity to be thoroughly educated about the underwriting of multifamily mortgages, to have extensive contact with our clients, and to train under the premier programs (Fannie Mae and Freddie Mac). This position affords the opportunity to work closely with our Senior Credit team and Originators on the structuring and underwriting of transactions.


The position requires prior DUS underwriting experience with extensive familiarity of Fannie Mae and Freddie Mac Multifamily Guides.

Essential Duties and Responsibilities:

  • Analyze, interpret, and underwrite complex multifamily real estate transactions in compliance with respective agency guidelines (Fannie Mae and Freddie Mac)
  • Conduct detailed economic and demographic research to determine feasibility of transactions
  • Prepare and present comprehensive loan approval package to credit committee
  • Develop and maintain strong relationships with origination and closing departments and external agency investors
  • Conduct comprehensive inspections of physical real-estate assets on an as-needed basis

Core Competencies:

  • Highly developed analytical, research and written/oral presentation skills
  • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy
  • Demonstrated ability to organize & prioritize projects, complete multiple tasks on schedule
  • Ability to work productively under minimal supervision
  • Proficiency in Microsoft Office, especially in EXCEL and Word
  • Strong work ethic
  • Proactive team player, able to work effectively under sometimes stressful conditions.


Qualifications:

  • Bachelor’s degree in accounting, Finance, Economics, Real Estate, or other related fields.
  • 3-5+ years commercial underwriting experience
  • Prior DUS underwriting experience with extensive familiarity of Fannie Mae and Freddie Mac Multifamily Guides
  • Able to travel a minimum of 10-20%


WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements.


NOTE: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.


Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

  • Underwriter- DUS

    2 months ago

    Irvine, United States Newmark Full time

    Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip...

  • Underwriter- DUS

    2 months ago

    Irvine, United States Newmark Full time

    Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip...

  • Senior Underwriter- DUS

    3 weeks ago

    Irvine, CA, United States Newmark Full time

    Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip...

  • Underwriting Lead

    6 days ago

    Irvine, California, United States Walker & Dunlop Full time

    Job SummaryAt Walker & Dunlop, we are seeking a highly skilled Senior Underwriter to join our Commercial Real Estate Finance team. As a key member of our team, you will be responsible for providing guidance to underwriting analysts and preparing loan approval submissions that meet the highest standards of quality and compliance.ResponsibilitiesProvide expert...

  • Senior Underwriting Manager

    4 weeks ago

    Irvine, California, United States Pop-Up Talent Full time

    Job Title: VP of UnderwritingAt Pop-Up Talent, we are seeking a skilled VP of Underwriting to join our team.Key Responsibilities:Evaluate loan applications and creditworthiness to determine loan structures.Conduct thorough financial analysis, including cash flow analysis, collateral evaluation, and risk assessment.Review and analyze credit reports, industry...

  • Commercial Underwriter

    3 weeks ago

    Irvine, United States Sunwest Bank Full time $100,000 - $150,000

    SUMMARYEnsure you read the information regarding this opportunity thoroughly before making an application.The Senior Portfolio Manager is responsible for the functions in an account management role, which includes but not limited to the maintenance of loan and deposit products and services to fit the needs of multiple client relationships. Senior Portfolio...

  • Commercial Underwriter

    3 weeks ago

    Irvine, United States Sunwest Bank Full time

    SUMMARYThe Senior Portfolio Manager is responsible for the functions in an account management role, which includes but not limited to the maintenance of loan and deposit products and services to fit the needs of multiple client relationships. Senior Portfolio Managers are responsible for cross-selling other products/services offered by the Bank, and...

  • Commercial Underwriter

    3 weeks ago

    Irvine, CA, United States Sunwest Bank Full time

    SUMMARYEnsure you read the information regarding this opportunity thoroughly before making an application.The Senior Portfolio Manager is responsible for the functions in an account management role, which includes but not limited to the maintenance of loan and deposit products and services to fit the needs of multiple client relationships. Senior Portfolio...

  • INTERN SENIOR INVESTMENT

    1 week ago

    Irvine, United States Pathway Capital Management Full time

    Job DescriptionJob DescriptionPathway Capital Management, LP, is a leading institutional investment management firm that creates and manages specialized private markets solutions for institutional investors worldwide. We are currently seeking Senior Investment Interns. Senior Investment Interns are responsible for analyzing potential investment...

  • Senior Asset Manager

    1 month ago

    Irvine, United States Endeavor Agency Full time

    Endeavor (www.endeavorCRE.com) is a commercial real estate and PropTech talent agency providing high touch recruitment services throughout major US cities. Endeavor has partnered with a well-capitalized, growing commercial real estate private equity firm with a national portfolio of multifamily and commercial assets.The Senior Asset Manager will work closely...

  • Senior Asset Manager

    1 month ago

    Irvine, United States Endeavor Agency Full time

    Endeavor (www.endeavorCRE.com) is a commercial real estate and PropTech talent agency providing high touch recruitment services throughout major US cities. Endeavor has partnered with a well-capitalized, growing commercial real estate private equity firm with a national portfolio of multifamily and commercial assets.The Senior Asset Manager will work closely...

  • Senior Account Executive Equipment Finance

    1 week ago

    Irvine, California, United States Altius Search Group Full time

    Job Title: Senior Account Executive Equipment FinanceAltius Search Group is partnering with a leading Equipment Finance company to find a seasoned Account Executive for their national sales team. The ideal candidate will have a proven track record in equipment finance sales and be able to develop and maintain strong relationships with clients across the...

  • Senior Data Scientist

    1 week ago

    Irvine, United States Finfare Full time

    About Finfare Finfare is dedicated to empowering SMBs, by providing the ultimate expense management solution for growing businesses seeking to streamline their financial operations and maximize cash back rewards. Finfare offers easy expense tracking, personalized spend controls, seamless accounting integration, powerful analytics, and reliable charge card...

  • Health & Benefits Associate Director

    3 weeks ago

    Irvine, United States Willis Towers Watson Full time

    Description The Role: You will have the opportunity to generate business by participating in new business activities and expanding existing client engagements. You will have the opportunity to position yourself to grow into a senior relationship management and/or leadership role by serving as the pivotal point of contact on all projects and working...

  • Senior Lending Advisor

    4 weeks ago

    Irvine, United States Mechanics Bank Full time

    Mechanics Bank is currently searching for a Sr. Lending Advisor to join our team. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This role will be working on-site in either our Walnut Creek, Roseville or Irvine offices. Originates new residential mortgage loans. Establishes and maintains...

  • Senior Loan Officer, Mortgage

    2 weeks ago

    Irvine, United States GoodLeap Full time

    About GoodLeap: GoodLeap is a technology company delivering best-in-class financing and software products for sustainable solutions, from solar panels and batteries to energy-efficient HVAC, heat pumps, roofing, windows, and more. Over 1 million homeowners have benefited from our simple, fast, and frictionless technology that makes the adoption of these...

  • Vice President, Asset Management

    2 weeks ago

    Irvine, United States Haseko North America, Inc. Full time

    The newly created VP of Asset Management role is a critical part of our expanding Investment Team. This multifaceted position will represent our LP interest in the lease-up and eventual exit of an expanding portfolio of ground-up and value-added multifamily investments. In addition, you will contribute to the effective underwriting of new investments on a...