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Commercial Real Estate Underwriter

Company: Jobot
Location: Las Vegas
Posted on: August 6, 2022

Job Description:

This Jobot Job is hosted by: Ashley ElmAre you a fit? Easy Apply now by clicking the "Apply Now" button and sending us your resume.A bit about us:Our client has developed, built, and managed commercial real estate assets throughout the West and Mountain states for almost four decades.Looking to immediately hire a qualified candidate to join as an Associate or Senior Associate to work in underwriting and originations. The candidate will work with the Team in managing loan requests, and assist in the underwriting, due diligence, and analysis of Commercial Real-estate loans.Why join us?Competitive salary and benefits. Expects continued rapid growth in our core business of originating, holding, and servicing commercial real estate loans. Opportunities for growth / advancement. Work life balance.Job DetailsThe candidate will be involved in all aspects of commercial real estate loan origination and underwriting business. On a day-to-day basis, responsibilities include:

  • Perform underwriting and financial modeling for new and existing transactions.
  • Transaction execution including assist with negotiations of term sheets, loan documentation and closings.
    • Review and analyze third party reports including appraisals, engineering, environmental, and credit reports to ensure loan compliance and identify underwriting risks.
      • Analyze construction budgets, economic feasibility, operating history, and financial statements submitted by borrowers.
        • Conduct market research, including comparative product surveys and demographic analysis.
        • Prepare presentations and credit memorandums evaluating investment merits and risks, market dynamics, and projected investment returns.
          • Valuation and credit analysis.
          • Maintain borrower relationships and provide superior customer services.
          • Ad hoc Excel and financial modeling.
          • Performs all other duties as assignedQualifications:
            • Minimum of a 4-year degree in Real Estate, Finance, Economics, Business, Accounting, or related field, advanced degree beneficial.
            • Minimum of a 3-6 years of commercial real estate work related history, ideally with construction and/or development experience.
            • Must have 2-4 years of experience in financial modeling and underwriting. Strong analytical, quantitative, and problem-solving skills.
            • Understanding of real estate fundamentals, transactions, and closings.
            • Strong verbal and written communication, and interpersonal skills.
            • Expertise in Excel, Word, and PowerPoint.
            • Desire to be a member of a close-knit team of professionals who work in a collaborative environment.
            • High level of initiative and strong work ethic.Interested in hearing more? Easy Apply now by clicking the "Apply Now" button.

Keywords: Jobot, Las Vegas , Commercial Real Estate Underwriter, Other , Las Vegas, Nevada

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