Associate Underwriter
Bwecap, Cleveland, OH, United States
Associate Underwriter page is loaded## Associate Underwriterremote type:
Hybridlocations:
OH - Clevelandtime type:
Full timeposted on:
Posted 3 Days Agojob requisition id:
REQ2395**Summary:**
Assist the Underwriting Team with credit, market, and underwriting analysis of multi-family loans.
**Major Responsibilities:*** Input property level profit and loss statements and project rent rolls for reconciliation and analysis.* Learn Agency program rules and industry standards to develop underwritten pro-forma projections for net cash flow for multi-family assets.* Order and critically analyze third party appraisals, property conduction reports, and phase I environmental and seismic for Agency program compliance.* Complete market analysis to determine trends in income, demographics, rents and occupancy levels.* Develop understanding of Fannie Mae and Freddie Mac multi-family standards and processes.* Assist Underwriter with preparation of loan committee narrative submissions and Freddie Mac submissions.* Assist Underwriting Team in the preparation of all deliverables in connection with loan closings.* Complete project site inspections to assess quality, condition, and position within a competitive set for proposed collateral.* Additional ad hoc financial analysis as required.* Interface with Underwriting staff, Production staff, and external parties in a professional manner.* Other duties or special assignments as assigned.**Minimum Requirements:**
**(experience, education, ksa)*** Minimum 2 years of experience in finance or real estate preferred.* Prior experience in a professional work environment is a plus.* Bachelor’s degree in business or finance is required.* Strong proficiency with of Microsoft Office suite (Word and Excel).* Ability to operate effectively in a team environment and collaborate well with multiple parties.* Ability to problem solve, exercise a high degree of accuracy and complete multiple tasks on schedule.* Excellent written and verbal communication skills.We encourage you to explore the career opportunities we have available here at BWE! #J-18808-Ljbffr
Hybridlocations:
OH - Clevelandtime type:
Full timeposted on:
Posted 3 Days Agojob requisition id:
REQ2395**Summary:**
Assist the Underwriting Team with credit, market, and underwriting analysis of multi-family loans.
**Major Responsibilities:*** Input property level profit and loss statements and project rent rolls for reconciliation and analysis.* Learn Agency program rules and industry standards to develop underwritten pro-forma projections for net cash flow for multi-family assets.* Order and critically analyze third party appraisals, property conduction reports, and phase I environmental and seismic for Agency program compliance.* Complete market analysis to determine trends in income, demographics, rents and occupancy levels.* Develop understanding of Fannie Mae and Freddie Mac multi-family standards and processes.* Assist Underwriter with preparation of loan committee narrative submissions and Freddie Mac submissions.* Assist Underwriting Team in the preparation of all deliverables in connection with loan closings.* Complete project site inspections to assess quality, condition, and position within a competitive set for proposed collateral.* Additional ad hoc financial analysis as required.* Interface with Underwriting staff, Production staff, and external parties in a professional manner.* Other duties or special assignments as assigned.**Minimum Requirements:**
**(experience, education, ksa)*** Minimum 2 years of experience in finance or real estate preferred.* Prior experience in a professional work environment is a plus.* Bachelor’s degree in business or finance is required.* Strong proficiency with of Microsoft Office suite (Word and Excel).* Ability to operate effectively in a team environment and collaborate well with multiple parties.* Ability to problem solve, exercise a high degree of accuracy and complete multiple tasks on schedule.* Excellent written and verbal communication skills.We encourage you to explore the career opportunities we have available here at BWE! #J-18808-Ljbffr