Multifamily Loan Underwriter Analyst

Newmark; Boston (MA); On-site; USD 80,000 - 85,000; Full time

Benefits offered by this job

Parental Leave

Healthcare

Back-up care

Paid time off

Education reimbursement

Referral program

Industry networking

Job summary

Newmark is seeking a Loan Screening Analyst in Boston to support day-to-day financial, market, and underwriting analysis of multifamily loans. You will work with the Senior Credit team and Originators on structuring transactions and presenting loan packages to the credit committee.

The ideal candidate has 1-3 years of Fannie Mae/Freddie Mac underwriting experience on large loans (about $10M average). Strong analytical and communication skills, plus proficiency in Microsoft Office, are essential.

Qualifications

• B.S./B.A. degree in Accounting, Finance, Economics, Real Estate or 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 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%.

Responsibilities

• 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.

Skills

Analytical

Written/oral communication

Problem solving

Independent judgment

Time management

Microsoft Excel

Microsoft Word

Team player

Travel 10-20%

Work ethic

Education

B.S./B.A. in Accounting, Finance, Economics, Real Estate or related fields

Tools

Fannie Mae underwriting

Freddie Mac underwriting

Underwriting large loans

Job description

Newmark is seeking a Loan Screening Analyst in Boston to support day-to-day financial, market, and underwriting analysis of multifamily loans. You will work with the Senior Credit team and Originators on structuring transactions and presenting loan packages to the credit committee.

The ideal candidate has 1-3 years of Fannie Mae/Freddie Mac underwriting experience on large loans (about $10M average). Strong analytical and communication skills, plus proficiency in Microsoft Office, are essential.