Team Leader- Commercial Real Estate Underwriter MNC
- SME Team Leader
- 4 - 6 years
- Hyderabad
- 8 months ago
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Job Description
- Job Description for CRE Underwriter
- Job Description
- A Commercial Real Estate (CRE) Underwriter plays a crucial role by underwriting at an advanced level of complexity for commercial portfolios. Provide guidance to structuring, servicing, and analysis for both new and renewal credits. The underwriter identifies, gathers, and reviews financial information to determine borrower risk ratings and appropriate loan structuring. Assess and communicate risks to assist department risk mitigation strategies. Products include lines of credit, term loans, real estate loans, and syndicated loans.
- Key Responsibilities
- Underwriting:
- Underwrites commercial credit actions according to applicable regulations, procedures, and guidelines
- Reviews financial statements, communicates with clients or prospects, and performs analysis to recommend borrower risk ratings and appropriate loan structuring
- Ensures all involved parties are updated on underwriting progress and outcome
- Analysis:
- Conduct thorough due diligence, including reviewing financial statements, property appraisals, rent rolls, and market studies
- Utilize various financial models and software to assess cash flow, debt service coverage ratios, loan-to-value ratios, and other key financial metrics
- Conduct cash flow analysis, sensitivity testing, and calculate DSCR/LTV/Debt Yield
- Sources, compiles, and interprets financial data to support structuring and approval of loans
- Reviews industry information and comparisons, key risks and mitigants, and collateral to form a general business overview of the borrower
- Utilizes results of analysis to underwrite commercial loans
- Valuation:
- Well versed in real estate valuation methods like Gross rent multiplier (GRM), Value per door and Cost per rentable square foot
- Risk Management:
- Evaluate borrower financials, guarantor liquidity, lease terms, and market conditions using third-party reports (appraisals, environmental assessments)
- Identifies risks through reviews, analysis, and research of new and existing commercial credit requests and relationships
- Works closely with Bank associates and partners to resolve risk issues, communicating review schedule and potential changes in the commercial portfolio
- Assists in coordinating review and renewal schedules for existing credits, facilitating ongoing risk identification and management
- Documentation and Compliance:
- Analyse loan agreements, covenants, and securitization documents for CMBS deals to ensure compliance. Prepare detailed credit memos and underwriting reports that summarize findings and provide recommendations for credit approval or denial. Ensure compliance with internal policies, regulatory guidelines, and industry standards throughout the underwriting process. Collaborate with legal and compliance teams to ensure all required documentation is complete, accurate, and properly filed.
- Client Interaction and Relationship Management:
- Work closely with loan officers, brokers, and clients to gather necessary information and clarify concerns during the underwriting process. Provide exceptional customer service by maintaining clear and effective communication with all stakeholders. Build and maintain strong relationships with clients, industry professionals, and internal teams to facilitate smooth transactions.
- Description Looking for candidates with good experience in commercial loan operations and 2+ years of team handling.
- Shifts US shifts
- Process Commercial Lending
- Qualification:
Minimum 2 to 4 years of relevant experience in CRE underwriting
- Designations: As a Team Leader is Mandate. No other designations
Educational Qualification:
Bachelor/masters degree in commerce, Finance & Accounting
If you think that you have the zeal to take this up you can write to me at
Email: ji**l@ca************e.net
Phone: 7758825***
Please note:
- We are hiring for MNCs
Job Classification
Industry: Real EstateFunctional Area / Department: Customer Success, Service & OperationsRole Category: OperationsRole: Team LeaderEmployement Type: Full timeContact Details:
Company: Team LeaderLocation(s): Hyderabad
Keyskills: Team Leadership Loan Structuring Commercial Real Estate Underwriting Debt Service Coverage Ratio Procurement GRM Loan-to-Value Ratio Value per Door Debt Yield Analysis Commercial Mortgage-Backed Securities ARGUS Covenant Analysis Pricing Cost per Sq Ft
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SME Team Leader
Interested candidates can apply on the given details below:HR Jinal: 7758825565Email: jinal@careerguideline.net *Note: On paper designation as an SME or Team Leader is Mandatory & will go further.
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