Senior Underwriter - Bridge

Senior Underwriter - Bridge

About the role:

As a Senior Underwriter at CBRE, you will work with the underwriting team to perform all due diligence vital to make informed recommendations to CBRE's loan committee regarding the risks and mitigates for securing multifamily bridge loans and permanent agency multifamily loans.

• Lead the sizing/underwriting/presentation of CBRE’s multifamily bridge loan program through interaction with Producers, Borrowers, Legal, Investors and CBRE’s internal loan committee.
• Prepare underwriting submissions ensuring internal credit quality and investor compliance.
• Prepare borrower credit analysis including determination of net worth, liquidity, overall financial strength, experience owning multifamily assets and acceptability of proposed borrower structure.
• Evaluate the risk involved with issuing short-term loans for multifamily properties.
• Assess the property's worth, including its current market value and potential After Repair Value (ARV).
• Examine the property's ability to generate sufficient income to cover loan payments and other expenses, often through discounted cash flow (DCF) modeling.
• Act as primary liaison between loan producer, investor, legal counsel, and closing officer throughout the underwriting process.
• Perform property and market level due diligence, review third party reports and legal documents to ensure compliance with internal credit tolerances as well as investor requirements.
• Present loan transaction details to CBRE's loan committee for approval.
• Active participant in developing analysts and other underwriters on our team.
• Ensure all required documentation is in order and the loan complies with the applicable regulations and guidelines.
• Other related tasks include processing incoming exhibits and preparing final delivery of investor packages.
• Lead by example and model behaviors that are consistent with CBRE RISE values.
• Explain complex information to others in straightforward situations.

To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

• Bachelor's Degree strongly preferred with 2-5 years of relevant experience.
• Understanding of existing procedures and standards to solve slightly complex problems.
• Ability to analyze possible solutions using technical experience to apply appropriate judgment and precedents.
• In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.
• Strong organizational skills with an inquisitive mindset.
• Advanced math skills. Ability to calculate complicated figures such as percentages, fractions, and other financial-related calculations.

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.

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.

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.

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

CBRE Group, Inc. (NYSE:

CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial…