Underwriting Analyst

CBRE; Boston (MA); On-site; USD 60,000 - 70,000; Full time

Benefits offered by this job

401(K)

Dental insurance

Health insurance

Life insurance

Vision insurance

Discretionary bonus

Job summary

CBRE in Boston, MA is seeking an Underwriting Analyst to perform property, market and borrower credit analyses, preparing prescreen packages and loan narratives for committee review. The role includes coordinating due diligence materials and supporting loan approvals and pricing with Fannie Mae.

The candidate should have up to 3 years of experience, a finance-related degree, strong MS Office skills, and a detail-oriented, analytical mindset.

Qualifications

• Bachelor's degree or equivalent with up to 3 years of relevant experience.
• Working knowledge of Fannie Mae requirements is desirable but not required.
• Strong analytical and numerical reasoning abilities.
• Proficient in Microsoft Excel and data analysis.
• Ability to follow existing procedures to solve standard problems.

Responsibilities

• Process exhibits and documentation required for loan approval.
• Review underwriting submissions for loan committee, including property, market data and credit analysis.
• Prepare investment memos for loan committee presentations.
• Interact with Fannie Mae to obtain loan approvals and pricing.
• Provide loan approvals and pricing to CBRE Debt & Structured Finance teams.

Skills

Financial analysis

Attention to detail

Problem solving

Communication skills

MS Office proficiency

Education

Bachelor's Degree in finance/accounting/economics/real estate or related field

Tools

Microsoft Office (Word, Excel, Outlook)

Job description

About The Role

As a CBRE Underwriting Analyst, you will perform various analyses including property level, market and Borrower credit in order to prepare prescreen packages and loan narratives for presentation to prescreen committee and/or loan committee. Other related tasks include coordination of due diligence materials for underwriting and delivery purposes.

About The Role

As a CBRE Underwriting Analyst, you will perform various analyses including property level, market and Borrower credit in order to prepare prescreen packages and loan narratives for presentation to prescreen committee and/or loan committee. Other related tasks include coordination of due diligence materials for underwriting and delivery purposes.

What You’ll Do

• Process incoming exhibits and other documentation required for loan approval.
• Review of field underwriting submissions in preparation for loan committee and submission of materials to Fannie Mae. This includes analysis of Property financials, Value, and physical real estate, understanding the proposed Borrower ownership structure, review of Market data, and assessment of potential credit risks for the proposed loan.
• Preparation of investment memos for presentation to loan committee.
• Consistent interaction with Fannie Mae to obtain loan approvals and pricing.
• Providing loan approvals and pricing to various CBRE Debt & Structured Finance Production teams.

What You’ll Need

• Bachelor's Degree preferred in finance, accounting, economics, real estate or other related subjects with up to 3 years of relevant experience.
• Working knowledge of Fannie Mae requirements is desirable but not required.
• Ability to use existing procedures to solve standard problems.
• Experience with analyzing information and standard practices to make judgments.
• In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.
• Organizational skills with a strong inquisitive mindset.
• Intermediate math skills. Ability to calculate difficult figures such as percentages, fractions, and other financial related calculations.
• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Why CBRE

When you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive. We are dynamic problem solvers and forward-thinking professionals who create significant impact. Our collaborative culture is built on our shared values — respect, integrity, service and excellence — and we value the diverse perspectives, backgrounds and skillsets of our people. At CBRE, you have the opportunity to chart your own course and realize your potential. We welcome all applicants.

Applicant AI Use Disclosure

We value human interaction to understand each candidate's unique experience, skills and aspirations. We do not use artificial intelligence (AI) tools to make hiring decisions, and we ask that candidates disclose any use of AI in the application and interview process.

Our Values in Hiring

At CBRE, we are committed to fostering a culture where everyone feels they belong. We value diverse perspectives and experiences, and we welcome all applications.

CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for this position is $60,000 annually and the maximum salary for this position is $70,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance. Discretionary bonus can also be provided.

Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at [e-mail] or via telephone at [phone] (U.S.) and [phone] (Canada).