CRE Underwriter III

Job Description

Insight Global is looking for a CRE Credit Underwriter III to join the commercial real estate team at one of our leading international banking clients. This is a full-time, permanent position located hybrid on-site 3 days a week in Chelsea, NYC. This individual will work closely with the origination team and perform credit risk management in reviewing and analyzing financial statement reports, assessing credit risk, preparing deal screen presentations, writing credit approval memorandums, presenting recommendations to the credit committee, and monitoring and managing the credit portfolio while evaluating all risks associated with complicated CRE credit transactions.

The CRE Credit Underwriter III will be expected to handle a high volume of deals simultaneously. This role requires a self-starter capable of independently completing work in a thoughtful and thorough manner, while contributing to the team of 4 other underwriters. The organization this candidate would be joining has high exposure to upper management and is looking for someone who has the desire to take on a leadership role long-term on the team.

Responsibilities

1. Prepare comprehensive credit memorandums that provide in-depth analysis of new credit requests and analyze risks and mitigants of loan structures

2. Work with the origination team and credit as risks are uncovered during the underwriting/closing process

3. Assist in the presentation of transactions to the credit committee in support of approval

4. Maintain good working knowledge of the Bank's lending policies/ procedures and identify exceptions to credit policy

5. Recommend appropriate risk ratings in accordance with credit policy guidelines

6. Attend meetings and/or conference calls on transactions, lead due diligence discussions and guide the deal though the approval process

7. Assist in annual credit reviews as needed

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to ~~~ .

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Skills and Requirements

Requirements

- Bachelor's degree in Accounting, Finance, or a related field

- Formal credit training

- 2+ years of underwriting experience within a Commercial Bank or other real estate credit lender

- Experience working on $5-40 million loans

- Strong proficiency of related financial analysis (ex: financial modeling and understanding of financial data for CRE loan transactions)

- Adjusts quickly to various work situations, works well under pressure, and is willing to step up to help the team as needed

- Ability to work on multiple long-term transactions simultaneously, while prioritizing accordingly to meet deadlines

- Strong verbal, written, inter-personal, and public presentation skills, detail-oriented

• Must be familiar with rent stabilization programs in NYC Construction Loan Experience null

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion,sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military oruniformed service member status, or any other status or characteristic protected by applicable laws, regulations, andordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to ~~~.