
Newmark
Provides commercial real estate services including leasing, capital markets, property management, and advisory.
Prescreen Analyst
Underwrites and analyzes large multifamily loans per Fannie/Freddie regulations
Job Highlights
About the Role
• Analyze, interpret and underwrite complex multifamily real estate transactions in compliance with respective agency guidelines (Fannie Mae/Freddie Mac) • Conduct detailed economic and demographic research to determine feasibility of transactions • Prepare and present comprehensive loan approval package to credit committee • Develop and maintain strong relationships with origination and closing departments and external agency investors • Conduct comprehensive inspections of physical real-estate assets on an as-needed basis
Key Responsibilities
- ▸underwriting
- ▸feasibility research
- ▸loan approval
- ▸relationship management
- ▸asset inspection
What You Bring
We are seeking a Loan Screening Analyst with 1-3 years of commercial underwriting experience with large loans ($10M average loan size) -- GSE multifamily experience as well as DUS experience is preferred. The analyst’s primary responsibilities will be to provide day-to-day financial, market, and underwriting analysis of multifamily loans. This is an excellent opportunity to be thoroughly educated about the underwriting of multifamily mortgages, to have extensive contact with our clients, and to train under the premier programs (Fannie Mae and Freddie Mac). This position affords the opportunity to work closely with our Senior Credit team and Originators on the structuring and underwriting of transactions. • B.S./B.A. degree in Accounting, Finance, Economics, Real Estate or other related fields preferred • 1-3 years of direct Fannie Mae/Freddie Mac underwriting experience with large loans ($10M average loan size) • Highly developed analytical, research and written/oral presentation skills • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy • Demonstrated ability to organize & prioritize projects, complete multiple tasks on schedule • Ability to work productively under minimal supervision • Proficiency in Microsoft Office, especially in EXCEL and Word • Strong work ethic • Proactive team player, able to work effectively under sometimes stressful conditions • Ability to travel a minimum of 10-20%
Requirements
- ▸b.s. degree
- ▸underwriting
- ▸analytical skills
- ▸problem solving
- ▸excel
- ▸team player
Benefits
Salary: $70,000 • $80,000 annually. The expected base salary for this position ranges from $70,000 to $80,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.). • Industry leading Parental Leave Policy (up to 16 weeks) • Generous healthcare • Bright Horizons back-up care program • Generous paid time off • Education reimbursement • Referral Program • Opportunities to network and connect within the industry.
Work Environment
Field