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Commercial Real Estate Underwriter/Portfolio Manager
Company | Santander |
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Location | United States |
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Salary | $97500 – $160000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior, Expert or higher |
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Requirements
- Bachelor’s Degree or equivalent work experience – Finance, Accounting, Management, Economics or equivalent field
- 6+ years of experience with underwriting CRE loan transactions
- 6+ years of financial analysis, structuring, and portfolio management experience
- Demonstrated knowledge in financial modeling and able to structure credit in modeling environment
- Demonstrated practical and conceptual knowledge of credit and risk analysis
- Must demonstrate strong judgment and sound credit skills
- Proficient in Microsoft Office, including Word, Excel and PowerPoint
- Strong analytical skills and proficient with financial statements
- Strong communication skills, and ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions
- Superior written and verbal communication skills
Responsibilities
- Underwrites new and renewal business with top tier institutional quality clients including construction, bridge and term loans
- Analyzes quality and quantity of risks underwritten and prepares reports accordingly
- Administers and monitors underwriting policies and guidelines, risk rating requirements, laws and regulations
- Supports deal diligence process including identifying all key risks
- Oversees internal approval process including ensuring accurate and timely completion of internal approval write-ups and leading deal merit discussion on internal approval calls
- Reviews relevant deal documents / information and ongoing portfolio management initiatives to maintain quality of loan book and compliance with loan covenant requirements
Preferred Qualifications
- Completion of bank-certified course in Credit Training, preferred