Senior Commercial Underwriter

Russell Tobin; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

A leading recruitment firm is seeking a Senior Underwriter in New York to support a commercial real estate lending platform. You will oversee underwriting and due diligence for loans ranging from $2MM to $50MM. The ideal candidate will have a Bachelor’s degree and 3–5+ years of experience in commercial real estate underwriting, with strong analytical and Excel skills. Join a dynamic team and manage multiple transactions in a fast-paced environment.

Qualifications

• 3–5+ years of experience in commercial real estate loan underwriting, acquisitions due diligence, or asset management.
• Strong understanding of commercial real estate finance and lending fundamentals.
• Ability to manage multiple transactions in a fast-paced environment.

Responsibilities

• Manage 6–8 deals simultaneously in the underwriting pipeline.
• Review credit approval memos and financial models before submission.
• Analyze operating statements, rent rolls, and lease agreements.
• Identify risks and structure solutions to mitigate concerns.
• Assist with deal presentations at credit committee.
• Support loan securitization processes.
• Conduct property site inspections.
• Order and review third-party reports.

Skills

Commercial real estate finance knowledge

Excel modeling skills

Analytical skills

Organizational skills

Communication skills

Education

Bachelor’s degree in Real Estate, Finance or related field

Tools

CoStar

Argus

Job description

Location: New York, NY

Russell Tobin is seeking a Senior Underwriter to support a commercial real estate lending platform focused on debt investments across the United States. This role will oversee the underwriting and due diligence process for commercial real estate debt transactions while working closely with originations, legal, and credit professionals throughout the deal lifecycle.

Responsibilities

• Manage 6–8 deals simultaneously in the underwriting pipeline for loans ranging from $2MM – $50MM secured by commercial real estate assets nationwide
• Review credit approval memos and financial models prepared by third-party diligence firms prior to submission to Credit Risk Management
• Analyze operating statements, rent rolls, and lease agreements to determine underwritten cash flow
• Identify potential deal risks and structure solutions to mitigate concerns
• Assist with deal presentations at credit committee
• Support loan securitization processes, including participation in B-buyer calls and responding to rating agency and investor inquiries
• Conduct property site inspections as part of the diligence process
• Order and review third-party reports including appraisals, engineering, environmental, credit searches, tenant sales data, lease abstracts, and crime reports

Qualifications

• Bachelor’s degree in Real Estate, Finance, Economics, Accounting, Business, or a related field
• 3–5+ years of experience in commercial real estate loan underwriting, acquisitions due diligence, real estate valuation, or asset management
• Strong understanding of commercial real estate finance and lending fundamentals
• Advanced Excel modeling skills
• Experience with CoStar and Argus is a plus
• Ability to manage multiple transactions simultaneously in a fast-paced environment
• Strong analytical, organizational, and communication skills