Senior Associate CMBS (Underwriting)

Career Crafterz; Gurugram District; On-site; INR 800,000 - 1,500,000; Full time

Job summary

Career Crafterz is seeking a professional to join the CMBS underwriting team in Gurugram, India. The role involves analyzing real estate collateral for loans, evaluating financial statements, and reviewing complex commercial real estate transactions. Ideal candidates will have an undergraduate degree in business, strong interpersonal skills, and 1-5 years of relevant experience in commercial real estate or debt underwriting. Proficiency with Microsoft Office tools, particularly Excel, and knowledge of underwriting systems will be advantageous.

Qualifications

• Undergraduate degree and preferably a Master’s degree in business with a finance or accounting concentration.
• 1-5 years of hands‑on commercial real estate experience or capital markets debt underwriting experience.
• Strong Excel skills along with proficiency in MS‑Word and other Microsoft Office tools.

Responsibilities

• Evaluating all financial statements, identifying recurring and non-recurring income/expenses.
• Abstracting and understanding of commercial lease documents.
• Writing and reviewing all aspects of the credit memorandum and/or asset summary report.

Skills

Strong interpersonal skills

Strong Excel skills

Quantitative and analytical skills

Ability to communicate effectively

Self-motivated

Education

Undergraduate degree in business

Master’s degree in finance or accounting

Tools

Microsoft Office

Argus

Job description

As a part of CMBS underwriting team, you will work with U.S. and India teams supporting clients in analyzing the real estate collateral securing a proposed loan, the surrounding market/sub-market and demographic area as well as the financial strength and experience of the borrower/guarantor. You will be responsible for making credit worthy decisions on complex commercial real estate transactions to determine acceptability of risk in accordance with the client’s guidelines and standards.

Responsibilities

• Evaluating all financial statements, identifying recurring and non-recurring income/expenses, differentiating between capital expenditure and operating expenses, and understanding cash and accrual methodologies.
• Abstracting and understanding of commercial lease documents.
• Reviewing and analyzing borrower/sponsor searches.
• Reviewing and analyzing tenant searches.
• Reviewing third party appraisal, engineering and environmental reports.
• Writing and reviewing all aspects of the credit memorandum and/or asset summary report.
• Applying a critical eye at each phase of the process and reporting any anomalies to the US counterpart.
• Help train junior staff in two offices across countries and time zones.
• Managing deadlines, multi-tasking and maintaining high production and quality standard.

Qualifications

• Undergraduate degree and preferably a Master’s degree in business with a finance or accounting concentration.
• 1-5 years of hands‑on commercial real estate experience or capital markets debt underwriting experience.
• Strong interpersonal skills and be able to communicate effectively.
• Ability to write in a concise and clear manner to convey complex information.
• Must be self‑motivated and able to work in teams and individually.
• Strong Excel skills along with proficiency in MS‑Word and other Microsoft Office tools.
• Understanding of various third‑party underwriting systems e.g. Closer/Rockport/Backshop or proprietary underwriting systems is a plus.
• Working knowledge of Argus or VAL is desirable.
• Strong quantitative and analytical skills.