New York Ofc - W 57
152 West 57th Street
60th Floor
New York, NY 10019, USA
New York Ofc - W 57
152 West 57th Street
60th Floor
New York, NY 10019, USA
Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with over $12 billion in loan originations in 2024. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac multifamily loan originations and is the #1 Overall HUD Multifamily and Healthcare Lender in the country. Grestone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. At Greystone, charity is at the heart of who we are and what we do.
At Grestone, everything we do is driven by our purpose of improving others’ lives. As we work hard to maintain our ranking as a top national commercial real estate lender, our culture of caring and support is just as important. We don’t just say “Where People Matter” – we lead with this mantra every day to guide our actions and behaviors. Greystone is committed to fostering and preserving a culture of inclusion. Belonging is at the heart of our culture of caring, integrity and excellence, and is a driving force behind our entrepreneurial spirit and creativity.
Our New York City–based mortgage banking team is seeking a detail-oriented and motivated Director to support the origination and execution of multifamily loans under the Fannie Mae and Freddie Mac platforms. This position offers a dynamic opportunity to work alongside experienced professionals in a fast-paced, high-volume environment focused on best-in-class client service and execution.
Primary Duties and Responsibilities:
- Take ownership of the processing and analytical duties to support underwriting process.
- Assist with up-front deal screening and due diligence tasks including: rent roll analysis; preliminary loan sizing analyses; researching competition in market area; preparation of soft loan quotes; and other required documentation related to screening new loan opportunities.
- Coordinate with underwriters and borrowers for collection of loan due diligence materials.
- Verify, input, and analyze data in Grestone’s loan origination system.
- Communicate with production team and borrowers to facilitate collection of required application exhibits.
- Assist the Underwriter and team in the coordination of all required and necessary inter-company departments, including closing and underwriting departments.
- Manage all documentation requests and prepare due diligence checklists and application workbooks, updating regularly.
- Maintain customer contact and provide timely file status updates to both clients as well as other internal team members.
- Perform preliminary data entry and analysis of credit documentation provided by clients to determine degree of risk associated with the loan.
- Manage communication with third party vendors (appraiser, engineer, etc.) and transfer data from professional reports into underwriting analysis workbook and narrative.
- Work with Underwriter to prepare and submit loan committee presentation; draft sections and prepare exhibits as assigned.
- Other duties and projects, as may be assigned and deemed appropriate from the manager.
Experience, Skills, and Abilities Required:
- 5 plus years of commercial real estate and multifamily lending experience required.
- Knowledge of all agency products and execution/process.
- Bachelor’s degree in finance, accounting, or related field.
- Knowledge of financial statement analysis, general accounting, cash flows and mortgage interest calculations.
- Strong attention to detail and organizational skills.
- Advanced knowledge of Excel and Microsoft Suite.
- Work independently and as a team member, while using discretion in decision making and sound judgment in problem solving.
- Creative thinker that enjoys the challenge of being a member of a fast-paced and dynamic team.
At Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build a work environment that empowers all individuals with opportunities to channel their entrepreneurial spirit. Greystone is an EEO employer.
Greystone offers a competitive base salary and bonus. The base salary range for this position is $130,000 to $140,000/year. The specific compensation that will be offered is based on an understanding of the hired candidates\' qualifications at the time of hire. Employees are eligible for a discretionary bonus based on employee work performance reviewed during the annual review process.
*The firm is the #1* overall HUD multifamily and healthcare lender by firm commitments, and a top 10 Fannie Mae and Freddie Mac multifamily real estate lender.*
*ForHUD's2025fiscalyear ending September 30, 2025. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing company LLC and excludes risk sharing and hospital loans.
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Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.