Description
- Our client is an investment management company with an open-end fund that focuses on investing primarily in US based commercial real estate debt. They are looking for an Associate level underwriter for their Greenwich, CT office. The candidate will take deals from initial inquiry to closing. In this role, they will be responsible for all aspects of loan analysis including property level due diligence, site inspections, cash flow modeling, preparation of credit committee memo and closing of commercial real estate loans for all major property types across the US. The firm invests in fixed and floating rate loans for all major asset classes (multifamily, office, mixed-use, industrial, hotel & retail), including construction of MF.
Sample responsibilities include:
- Real estate loan origination
- Preparation of presentations and memoranda evaluating investment merits and risks, market dynamics, and projected investment returns
- Conduct underwriting, due diligence, financial modeling, valuation and credit analysis, including conversations with local brokers in the market to verify market data
- Manage transactions and work closely with third-parties involved in diligence to ensure proper underwriting procedures are followed. Review and analyze third party reports including appraisal, engineering, environmental, seismic and credit reports to ensure loan compliance and identify underwriting risks
- Interface with borrowers to compile required data and information, and resolve diligence related issues while mitigating risks
- Analyze operating history and financial statements submitted by borrowers. Conduct Borrower/Sponsor credit review and analysis
- Perform site inspections
- Develop internal deal memos for credit committee review
- Work on adhoc tasks with senior management
Desired skills & experience:
- 4-7 yrs Commercial Real Estate underwriting experience
- Strong analytical and writing skills
- Strong excel and modeling skills (all models are created from scratch)
- Ability to handle multiple assignments and deals
- Proven ability to run a deal independently and also work as a team
- Skill at working under tight deadlines and high pressure
- Strong work ethic and ability to interface with senior management
About SitusAMC
SitusAMC is the leading provider of consulting, outsourcing, talent and technology solutions, supporting institutional lenders and investors, across the life cycle of commercial and residential real estate debt and equity. The firm employs more than 3,300 employees with offices in 27 markets across the U.S., Europe and APAC.
SitusAMC brings together the industry’s top talent, unparalleled platform and innovative technologies to help clients optimize returns, identify risk, transform processes and infrastructure, and ultimately, realize opportunities in their businesses.
We are an equal opportunity employer (m/f/d/v).
This Employer Participates in E-Verify
Experience
5+ to 7 years
This job is no longer active.