Home
/
Comprehensive
/
CRE Underwriter III
CRE Underwriter III-September 2024
New York
Sep 21, 2024
ABOUT INSIGHT GLOBAL
Insight Global provides top talent and staffing solutions that help job seekers find careers in healthcare, finance, IT and government.
1,001 - 5,000 employees
Consulting, Technology
VIEW COMPANY PROFILE >>
About CRE Underwriter III

  Job Description

  Insight Global is looking for a CRE Credit Underwriter III to join the commercial real estate team at one of our leading international banking clients. This is a full-time, permanent position located hybrid on-site 3 days a week in Chelsea, NYC. This individual will work closely with the origination team and perform credit risk management in reviewing and analyzing financial statement reports, assessing credit risk, preparing deal screen presentations, writing credit approval memorandums, presenting recommendations to the credit committee, and monitoring and managing the credit portfolio while evaluating all risks associated with complicated CRE credit transactions.

  The CRE Credit Underwriter III will be expected to handle a high volume of deals simultaneously. This role requires a self-starter capable of independently completing work in a thoughtful and thorough manner, while contributing to the team of 4 other underwriters. The organization this candidate would be joining has high exposure to upper management and is looking for someone who has the desire to take on a leadership role long-term on the team.

  Responsibilities:

  1. Prepare comprehensive credit memorandums that provide in-depth analysis of new credit requests and analyze risks and mitigants of loan structures

  2. Work with the origination team and credit as risks are uncovered during the underwriting/closing process

  3. Assist in the presentation of transactions to the credit committee in support of approval

  4. Maintain good working knowledge of the Bank's lending policies/ procedures and identify exceptions to credit policy

  5. Recommend appropriate risk ratings in accordance with credit policy guidelines

  6. Attend meetings and/or conference calls on transactions, lead due diligence discussions and guide the deal though the approval process

  7. Assist in annual credit reviews as needed

  Skills and Requirements

  Requirements:

  - Bachelor's degree in Accounting, Finance, or a related field

  - Formal credit training

  - 2+ years of underwriting experience within a Commercial Bank or other real estate credit lender

  - Experience working on $5-40 million loans

  - Strong proficiency of related financial analysis (ex: financial modeling and understanding of financial data for CRE loan transactions)

  - Adjusts quickly to various work situations, works well under pressure, and is willing to step up to help the team as needed

  - Ability to work on multiple long-term transactions simultaneously, while prioritizing accordingly to meet deadlines

  - Strong verbal, written, inter-personal, and public presentation skills, detail-oriented

  Must be familiar with rent stabilization programs in NYC Construction Loan Experience nullWe are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion,sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military oruniformed service member status, or any other status or characteristic protected by applicable laws, regulations, andordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to [email protected].

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
QA Agile Lead
Overview Overview: At Source, we are looking for talented QA Leads who will work with Test Engineers, Product Owners, SRE, and Developers to release quality tested products in a 2-week sprint cycle.
Landfill Labourer
Location: Loraas Landfill Reports to: Landfill Supervisor Compensation: Hourly Job type: Full Time, We are Saskatchewan’s leader in waste transfer and recycling services. For more than 55 years, we’v
Director Manufacturing New Shepard (R38657)
At Blue Origin, we envision millions of people living and working in space for the benefit of Earth. We're working to develop reusable, safe, and low-cost space vehicles and systems within a culture
Project Manager Siding
JOB REQUIREMENTS: Job description GUARDIAN is seeking qualified,professional, and energetic career-oriented problem solvers to join ourExterior Home Remodeling division. Position involves supervising
Senior Manager - Customer Success Services (CSS) Global SaaS&Apps
Job Description Do you want to work with exciting customers across all sectors in the industry? If you have a passion for tech, a customer-centric approach, and a background in team management, servi
RN - Operating Room (Procedural)
RN - Operating Room (Procedural) Department: Operating Room - CFH Entity: Champaign-Urbana Service Area Job Category: Nursing Employment Type: Full - Time Job ID: 39199 Experience Required: None Educ
Travel Retail - ELC Advisor - TR-WDF-T3.Airport - 36 Hours
Travel Retail - ELC Advisor - TR-WDF-T3.Airport - 36 Hours Brand: Estée Lauder Companies Description Job Summary The ELC Advisor is responsible for providing an authentic and personalized service to
Junior Paralegal
Entry level Junior Paralegal -Hybrid 52k Top tier law firm seeks college grad to assist partner in their international trademark department. Must have a Bachelor's degree with a minimum 3.2 GPA. Assi
Head of People Movement - India
About the Role: Grade Level (for internal use): 12 S&P Global – Market Intelligence Recruitment Lead, India (MI, DJI & SA) S&P Global provides the world’s leading organizations with the r
Supply Technician
We are pipelining candidates for a future role. *Contingent upon Contract Award.* Amentum is seeking Supply Technician candidates for future roles. Potential locations include: Alabama, Arizona, Hawa
Copyright 2023-2024 - www.zdrecruit.com All Rights Reserved