Talent.com
COMMERCIAL CRE LOAN SPECIALIST
COMMERCIAL CRE LOAN SPECIALISTLimitless Talent • New York
COMMERCIAL CRE LOAN SPECIALIST

COMMERCIAL CRE LOAN SPECIALIST

Limitless Talent • New York
[job_card.30_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

Commercial CRE Loan Specialist – aka Commercial Real Estate Loan Underwriter role

  • More Customer Service and Underwriting a Heavy Volume – 100 loans+ multifamily, bridge, retail, office, CRE and open bank accounts
  • You can learn Guarantor Analysis (preferred if you have experience)
  • It’s heavy volume – he originates $300MM-$400MM Quarterly

Overview :

Responsible for Sr. Commercial Real Estate UNDERWRITING. Ensure that all multi-family, commercial, and unsecured loans are analyzed and underwritten in a timely manner while achieving a high level of customer service. Responsibilities primarily focus on underwriting commercial real estate and construction loans but may include analysis of other loan types including but not limited to unsecured lines, stock secured loans, and complex residential loans.

Responsibilities :

  • Write loan narratives which include the analysis of both client financials and a variety of income property including but not limited to multi-family, commercial, mixed-use, and industrial properties. The underwriting entails analyzing and summarizing appraisals, rent rolls, leases, and property cash flow to evaluate operating performance, trends, and risks. It also entails analyzing borrower tax returns (business and personal returns), financial statements, real estate schedules, liquidity positions, financial ratios, recurring sources of cash flow, and client ability to service debt (approximately 50% of time).
  • Size and qualify loans for approval and present deals to Executive Loan Committee (ELC). Collaborate with Relationship Managers (RMs), ELC, and clients to help determine loan structure, loan amounts, and products.
  • Communicate with customers, providing excellent customer service and ensuring the customer relationship is maintained and the highest possible level.
  • Communicate directly with clients to obtain missing financial information and answer questions related to deals.
  • Print and organize all financial documentation and compile loan files. Review loan files for completeness, identify missing documentation, and generate needs list for clients and RMs.
  • Identify and report to RMs any risks related to loan collateral and / or client financial state.
  • Order third party reports and open escrow. Work with all third parties to ensure reports are completed on time.
  • Manage loans through closing and funding stage. Work with escrow to coordinate closings.
  • Update Maturity Report and Assist Loan Monitoring Group with collecting any financial information needed for financial covenants.
  • Manage constant deal flow and prioritize to ensure loans close on time with high degree of accuracy in a deadline-oriented environment.
  • Review set-up loan files for completeness and identify and missing documentation or potential problems.
  • Analyze each loan file, ensuring the LAW form, loan narrative (if applicable), appraisal(s), application, preliminary title report and verifications meet secondary market and Bank loan program criteria and are accurately documented.
  • Prepare loan files for funding by reviewing the analysis for accuracy and by completing the Request for Documents form to ensure all regulatory information and loan terms are accurately input into the computer system to meet compliance.
  • Prepare pre-qualification and / or commitment letters for loan officer review.
  • Work positively and proactively with all members of the team.
  • Cross trains other team members, when applicable.
  • Perform duties & responsibilities specific to department functions & activities or as assigned by supervisor.
  • Qualifications :

  • Extensive experience in underwriting multi-family and commercial real estate loans. Construction a plus.
  • Advanced analytical skills, with a focus on underwriting commercial real estate and client financial data.
  • Familiarity with commercial real estate appraisals.
  • Ability to multi-task and work in fast paced / deadline oriented environment.
  • Effective written and oral communication skills
  • Expert knowledge in Excel.
  • College degree preferred.
  • [job_alerts.create_a_job]

    Commercial Specialist • New York

    [internal_linking.related_jobs]
    Licensed Loan Partner

    Licensed Loan Partner

    American Neighborhood Mortgage Acceptance Company LLC • Lyndhurst, NJ, United States
    [job_card.full_time]
    AnnieMac Home Mortgage is looking to hire a.Mortgage Loan Originator or Branch Manager in delivering outstanding customer service to borrowers and realtor partners. Candidates should have experience...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Commercial Loan Servicing Manager

    Commercial Loan Servicing Manager

    Trustmark • Brooklyn, NY, US
    [job_card.full_time]
    Specialized Loan Operations Manager.This position is responsible for the Specialized Loan Operations team, which manages Trustmark's most complex and high-profile Commercial Real Estate (CRE) and C...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Client Specialist- Commercial Term Lending, Commercial Real Estate

    Client Specialist- Commercial Term Lending, Commercial Real Estate

    JPMorgan Chase • New York, NY, US
    [job_card.full_time]
    Commercial Real Estate Client Specialist.Do you enjoy building relationships, helping to identify growth opportunities for clients, and have a passion for Commercial Real Estate? If so, the Commerc...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Loan Partner I Lp1

    Loan Partner I Lp1

    ResideSimpli • Staten Island, NY, United States
    [job_card.full_time]
    Position : Loan Partner I (LP1) Mortgage Operations Support • Salary : $45,000 – $60,000 (commensurate with experience) • Location : Hybrid – Remote or In-Office (Eastern Time Zone) • Employment Type : ...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Entry Level Loan Operations Specialist (Commercial Real Estate) - Hybrid

    Entry Level Loan Operations Specialist (Commercial Real Estate) - Hybrid

    M&T Bank • New York, NY, US
    [job_card.full_time]
    Join a high-impact team supporting the servicing of commercial real estate loans across New York City's five boroughs - including Manhattan, Brooklyn, Queens, the Bronx, and Staten Island.As a Loan...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Commercial Lending Consultant Profiles

    Commercial Lending Consultant Profiles

    ClifyX • New York, NY, US
    [job_card.full_time]
    Commercial Lending Technology Manager.Experience • 8+ years managing large Loan IQ implementations at top tier banks Detailed Job Description •(Roles and Responsibilities) Experienced commercial len...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Customer Support Specialist (Fraud - Credit Card, Loan or Mortgage)

    Customer Support Specialist (Fraud - Credit Card, Loan or Mortgage)

    Extend Your Team • Corona, NY, US
    [job_card.full_time]
    Our mission is to reduce the cost of capital across the world.We have invented a new credit card powered by an advanced asset-securing platform that enables us to offer much lower APRs to consumers...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Loan Partner

    Loan Partner

    CrossCountry Mortgage • New York, NY, US
    [job_card.full_time]
    CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.Our ...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Sales Specialist - Credit Risk Solutions (Professional Services

    Sales Specialist - Credit Risk Solutions (Professional Services

    Charlotte Staffing • New York, NY, US
    [job_card.full_time]
    Professional Services Consultant.About the Role : The Team Our Professional Services vertical is focused on driving adoption of our Credit Risk Solutions within leading consulting and advisory firms...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Commercial Credit Senior Manager

    Commercial Credit Senior Manager

    NYC Staffing • New York, NY, US
    [job_card.full_time]
    Senior Manager, Commercial Banking Consulting.Accenture is a leading global professional services company that helps the world's leading businesses, governments, and other organizations build their...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Sr Private Bank, Lending Specialist CRE / C&I / Business Banking

    Sr Private Bank, Lending Specialist CRE / C&I / Business Banking

    Citizens Financial Group • New York, NY, US
    [job_card.full_time]
    Focus on the core content of the job post, removing all extra metadata, navigation mentions, and redundant headers.Keep the formatting beautiful and high signal to noise ratio.[show_more]
    [last_updated.last_updated_30] • [promoted]
    Commercial Lending Technical Expert, VP

    Commercial Lending Technical Expert, VP

    MUFG • Jersey City, NJ, United States
    [job_card.full_time]
    Do you want your voice heard and your actions to count?.Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 150...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Senior Commercial Lines Product Specialist

    Senior Commercial Lines Product Specialist

    Verisk • Jersey City, NJ, US
    [job_card.full_time]
    Commercial Property Product Development.Verisk's ISO Commercial Lines Product Development division is looking for a highly motivated Commercial Property Product Development team member who will con...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Bridge Loan Specialist

    Bridge Loan Specialist

    Knock • New York, NY, US
    [job_card.full_time]
    Knock is redefining the home buying and selling experience, and we're only getting started! We're a passionate team of industry experts who knew there had to be a better, simpler way for people to ...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Sales - Commercial Lead Development Specialist

    Sales - Commercial Lead Development Specialist

    Syneos Health / inVentiv Health Commercial LLC • Manhattan, NY, United States
    [job_card.full_time]
    As the Syneos Health Lead Development Manager, you will engage with key decision makers within biotechnology, pharmaceutical, and medical device companies to promote awareness of Syneos Health's Co...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Senior Associate, CRE Loan Screening

    Senior Associate, CRE Loan Screening

    Capital One • New York, NY, US
    [job_card.part_time]
    Senior Associate, CRE Loan Screening.The Senior Associate, CRE Loan Screening role will sit on a team of screeners and analysts to pre-qualify and structure Commercial Real Estate (CRE) Balance She...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    AVP, Mortgage Loan Accounting

    AVP, Mortgage Loan Accounting

    Fortitude Re • Jersey City, NJ, US
    [job_card.full_time]
    Fortitude Reinsurance Company Ltd.Fortitude Re) is one of the worlds leading providers of legacy reinsurance solutions.They work with the worlds leading insurance companies to help them execute com...[show_more]
    [last_updated.last_updated_30] • [promoted]
    AVP, CRE Loan Administration

    AVP, CRE Loan Administration

    SitusAMC • New York, NY, US
    [job_card.full_time]
    AVP Level Candidate For Cre Loan And Debt Financings.SitusAMC is where the best and most passionate people come to transform our client's businesses and their own careers.Whether you're a real esta...[show_more]
    [last_updated.last_updated_30] • [promoted]