Deputy Chief Underwriter - FHA Lending

Greystone; Atlanta (GA); On-site; USD 80,000 - 120,000; Full time

Job summary

Join a forward-thinking company as a Deputy Chief Underwriter, leading a dedicated FHA team in a dynamic commercial real estate environment. This role is pivotal in managing the underwriting process for FHA/HUD loans, ensuring timely execution and risk mitigation strategies. With a commitment to diversity and inclusion, this established firm fosters a culture where every individual is valued. If you have a strong background in underwriting and a passion for leadership, this is an exciting opportunity to make a significant impact in the industry.

Qualifications

• 7-10 years of experience in FHA/HUD loan underwriting.
• 3+ years of supervisory experience in a senior underwriting role.

Responsibilities

• Manage the FHA/HUD underwriting team and oversee the loan pipeline.
• Develop risk mitigation strategies and recommend deal structures.

Skills

FHA/HUD Loan Underwriting

Project Management

Analytical Skills

Communication Skills

Organizational Skills

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Bachelor’s degree in Real Estate

Tools

Microsoft Excel

Microsoft Word

Job description

Join to apply for the Deputy Chief Underwriter role at Greystone

Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with over $12 billion in loan originations in 2024. The firm ranks consistently in the Top 10 for Fannie Mae & Freddie Mac multifamily loan originations and is the #1 overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks as a top affordable housing, seniors housing, and small balance loan lender nationwide. Our core value is charity, and at Greystone, everything we do is driven by our purpose of improving others’ lives.

We foster a culture of inclusion, belonging, and support, guided by the mantra “Where People Matter,” emphasizing our commitment to diversity, integrity, and excellence. We are seeking a Deputy Chief Underwriter to join our FHA team. The role involves managing the FHA/HUD Underwriting team, overseeing the loan pipeline, collaborating with various departments, and ensuring the proper underwriting and risk mitigation of loans.

Primary Duties and Responsibilities:

• Manage and lead the underwriting team.
• Oversee the entire underwriting process to ensure timely and proper underwriting of FHA/HUD loans.
• Assess transaction risks, develop risk mitigation strategies, and recommend deal structures.
• Collaborate with originations to develop creative transaction solutions and ensure quality execution.
• Interface with borrowers and external clients as needed.
• Communicate effectively within the team and with stakeholders, including investors and senior management.
• Identify issues early and troubleshoot during the underwriting process.
• Assign tasks, manage project priorities, and ensure balanced workload distribution.
• Provide training and guidance to underwriters and analysts.
• Maintain thorough knowledge of Greystone and investor underwriting guidelines.
• Monitor deal status and communicate issues proactively.

Experience, Skills, and Abilities:

• Bachelor’s degree in Accounting, Finance, Economics, or Real Estate; relevant experience may substitute.
• 7-10 years of experience analyzing/underwriting FHA/HUD loans in a commercial real estate environment.
• At least 3 years of supervisory experience, with a minimum of four years in a senior underwriting role focused on FHA/HUD multifamily loans.
• Strong project management skills, independence, and adaptability to changing environments.
• High professionalism, confidentiality, and analytical skills.
• Excellent communication, organizational, and writing skills.
• Proficiency in Excel and Word.
• High level of personal accountability.

Greystone is committed to fostering an inclusive environment that celebrates diversity and empowers all individuals. We are an EEO employer.