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Sr. Commercial Real Estate Underwriter

Description

Job Overview:

The Senior Commercial Real Estate Underwriter will be primarily responsible for analyzing and preparing credit proposals for new and existing commercial real estate relationships. The job function will also include the monitoring of Borrower's financial performance to assist in the risk rating process. In addition, the Senior Commercial Real Estate Underwriter will assist in the preparation of monthly reports, perform ongoing portfolio analysis and complete other duties as assigned.

Qualifications:

* Bachelor's degree in Accounting, Finance, Economics or related field, will consider commensurate experience.
* Minimum 2 years work experience in analysis/underwriting of commercial real estate loans/transactions.
* Excellent oral and written communication skills in addition to strong analytical, problem solving and organizational skills.
* Ability to work on multiple projects simultaneously, independently and achieve required objectives with limited supervision.
* Ability to work within a team environment, interacting with peers and management within the bank, as well as, with customers and outside support (appraisers, attorneys, accountants, etc.).
* Experience with real estate software a plus.
* Experience in an appraisal related field a plus.
* PA Real Estate License a plus.

Principle Activities and Duties:

* Perform underwriting of new and existing commercial real estate loans to assess the financial condition, repayment capacity and risks associated with the transaction. To include analysis of real estate cash flow, global cash flows, personal cash flow and personal financial statements.
* Review and analyze loan documents, leases, sales agreements, appraisals and other related materials. Effectively communicate results of the underwriting in a written loan presentation for review by lenders and senior management.
* Assure all analysis and underwriting conforms to credit policy, banking regulations and commercial real estate underwriting policies.
* Research data to obtain information regarding current and projected status of certain industries, borrowers and market trends to assist in determining its impact on both the real estate and banking industry.
* Assist the lenders in the drafting/preparation of application letters.
* Prepare monthly credit and portfolio loan reports.
* Assist in documentation collection for annual loan reviews.
* Perform additional assignments as requested.

Requirements

 

Job Snapshot

Location US-PA-Pittsburgh
Employment Type Full-Time
Pay Type Year
Pay Rate N/A
Store Type Banking
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Company Overview

Dollar Bank

For more than 160 years, Dollar Bank has grown to become a large, full service, regional bank committed to providing the highest quality of banking services to individuals and businesses throughout Ohio, Pennsylvania and Virginia. We understand the people and the communities that we serve. Our own employees live and work in these communities. They participate in the decisions of local community groups and business organizations. Ideal candidates seeking employment with Dollar Bank include individuals who share in our philosophy of customer commitment and giving back to the communities that we serve. Learn More

Contact Information

US-PA-Pittsburgh

Snapshot
Dollar Bank
Company:
US-PA-Pittsburgh
Location:
Full-Time
Employment Type:
Year
Pay Type:
N/A
Pay Rate:
Banking
Store Type:

Description

Job Overview:

The Senior Commercial Real Estate Underwriter will be primarily responsible for analyzing and preparing credit proposals for new and existing commercial real estate relationships. The job function will also include the monitoring of Borrower's financial performance to assist in the risk rating process. In addition, the Senior Commercial Real Estate Underwriter will assist in the preparation of monthly reports, perform ongoing portfolio analysis and complete other duties as assigned.

Qualifications:

* Bachelor's degree in Accounting, Finance, Economics or related field, will consider commensurate experience.
* Minimum 2 years work experience in analysis/underwriting of commercial real estate loans/transactions.
* Excellent oral and written communication skills in addition to strong analytical, problem solving and organizational skills.
* Ability to work on multiple projects simultaneously, independently and achieve required objectives with limited supervision.
* Ability to work within a team environment, interacting with peers and management within the bank, as well as, with customers and outside support (appraisers, attorneys, accountants, etc.).
* Experience with real estate software a plus.
* Experience in an appraisal related field a plus.
* PA Real Estate License a plus.

Principle Activities and Duties:

* Perform underwriting of new and existing commercial real estate loans to assess the financial condition, repayment capacity and risks associated with the transaction. To include analysis of real estate cash flow, global cash flows, personal cash flow and personal financial statements.
* Review and analyze loan documents, leases, sales agreements, appraisals and other related materials. Effectively communicate results of the underwriting in a written loan presentation for review by lenders and senior management.
* Assure all analysis and underwriting conforms to credit policy, banking regulations and commercial real estate underwriting policies.
* Research data to obtain information regarding current and projected status of certain industries, borrowers and market trends to assist in determining its impact on both the real estate and banking industry.
* Assist the lenders in the drafting/preparation of application letters.
* Prepare monthly credit and portfolio loan reports.
* Assist in documentation collection for annual loan reviews.
* Perform additional assignments as requested.

Requirements

 
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