Senior CRE Underwriter & Structuring Lead

Leon Capital Group; Dallas (TX); Sur place; USD 180 000 - 280 000; Plein temps

Résumé du poste

Leon Financial, LLC seeks a senior Chief Underwriter to own underwriting, structuring, portfolio risk, and diligence across its CRE platform. Immediate contribution is expected, with responsibilities spanning initial sizing through IC review, closing, and ongoing performance.

As a senior underwriter and structuring specialist, you will assess risk, shape structures, defend recommendations to the CIO and IC, and coordinate with counsel and third parties through closing.

Qualifications

• 7+ years underwriting commercial real estate at a multi-asset institutional platform, debt fund, CMBS shop, or bank, with exposure to both senior and subordinate positions and a verifiable history of closed transactions.
• Strong tenant, guarantor, and sponsor analysis. A record of identifying risks others missed.
• Advanced Excel and cash flow modeling. Argus or equivalent. Comfort building waterfalls and structured returns. Ability to build and stress underwriting models independently.
• Hands-on experience structuring and negotiating loan and structured equity terms.
• Demonstrated experience authoring and presenting IC credit memoranda and the confidence to hold a position under questioning.
• Strong credit judgment and comfort underwriting transactions across property types and market cycles.
• Proven ability to operate autonomously with high accountability and minimal oversight.
• Bachelor’s degree in finance, real estate, economics, or a related field, or equivalent practical experience. Advanced degree preferred.

Responsabilités

• Own underwriting on loans, structured equity, and acquisitions across property types, including lease and tenant credit analysis, cash flow modeling, loan sizing analyses, and sensitivity scenarios.
• Develop and negotiate structure for senior, subordinate, preferred equity and bridge positions, including covenants, reserves, guaranties, waterfalls and exit mechanics.
• Prepare the analysis supporting soft quotes and term sheets.
• Give origination fast, candid feedback on fit, structure, and execution risk.
• Author investment committee memos and defend them live to the CIO and committee as senior credit underwriter.
• Order, review, and challenge third-party reports (appraisal, property condition, environmental, survey, title) and coordinate with counsel through closing.
• Conduct due diligence on borrowers, sponsors, principals, and guarantors.
• Monitor and apply real estate market, property fundamentals, and capital markets perspectives to every credit, including sector, rate, and liquidity views.
• Oversee portfolio risk across property types, markets, sponsors, and capital stack positions.
• Report portfolio performance and emerging risks to firm leadership.
• Deploy artificial intelligence (AI) and data tools to improve underwriting speed, consistency, and portfolio monitoring.

Connaissances

Underwriting CRE

Cash flow modeling

Credit judgment

Autonomy

Excel modeling

Formation

Bachelor’s degree in finance, real estate, economics, or related field

Advanced degree preferred

Outils

Argus

Excel

Description du poste

Leon Financial, LLC seeks a senior Chief Underwriter to own underwriting, structuring, portfolio risk, and diligence across its CRE platform. Immediate contribution is expected, with responsibilities spanning initial sizing through IC review, closing, and ongoing performance.

As a senior underwriter and structuring specialist, you will assess risk, shape structures, defend recommendations to the CIO and IC, and coordinate with counsel and third parties through closing.