Director, Underwriting

Job Title

Reporting to a Deputy Chief Underwriter, the Director is responsible for reviewing, inspecting, and underwriting multifamily agency loan applications, primarily for Freddie Mac and Fannie Mae conventional loan programs. The Associate Director will make informed recommendations to the Chief Credit Officer as well as provide guidance and assistance on agency loan assumptions, as needed.

Essential Duties and Responsibilities :

• Prepares loan analyses and narratives consistent with Fannie Mae and Freddie Mac requirements.
• Demonstrates ability to prepare and deliver Freddie Mac CME submissions.
• Summarizes historical property operations.
• Performs credit and financial analysis of key sponsors.
• Reviews and approves third party reports including property appraisals, physical needs assessments, environmental reports, and zoning reports.
• Considerable travel involved to perform property inspections and market evaluations.
• When requested by the DCU, review loan screening packages from producers to ensure transaction terms are consistent with OREC, Fannie Mae and Freddie Mac requirements.
• Keeps up with industry trends and products offered by competitors.
• Performs other duties and projects as assigned.
• Mentors junior underwriters and underwriting analysts.
• Expected to underwrite more complex and nuanced transactions.
• Work professionally and harmoniously with team and coworkers, including delegating, as appropriate, aforementioned tasks to Underwriting Analysts.
• Travel Requirements 50%
• Other projects and duties as assigned

Education, Skills and Experience :

Required :

Preferred :

Life at ORIX :

We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work / life balance.

You Time :

We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.

Family Care :

Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as : infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.

Flexible Work Arrangements :

ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.

ORIX USA is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.