Underwriting Analyst - GSE

Essential Duties and Responsibilities

• Assist the Fannie Mae DUS underwriting team in completing prospective loan narratives and updating financial models with rent rolls, budgets, operating statements and third‑party report conclusions
• Collaborate with the underwriting, production, and closing teams to determine deal timelines and identify challenges to prospective loans
• Support the underwriting team in the credit review of prospective loans
• Perform in‑person property/site inspections and complete lease audits verifying property operations
• Maintain due diligence checklists
• Conduct market research to evaluate comparable properties and local market trends, utilizing tools such as CoStar and various third‑party appraisal reports
• Evaluate the strengths, weaknesses, and mitigants of prospective loans, while developing and maintaining a strong understanding of the Fannie Mae DUS Program guidelines
• Recognizing and analyzing industry trends, including current economic conditions, interest rate environment, and demographic trends
• Coordinate and compile Loan Committee packages
• Other duties as assigned

• Bachelor’s Degree in Real Estate, Finance, Business, Accounting, Economics, or related field required
• Foundational understanding of Commercial Real Estate financing gained through successful completion of real estate focused coursework, internships, extracurricular activities, or professional experience strongly preferred
• Multifamily/Commercial Real Estate underwriting experience desired, but not a requirement
• Exceptional written and verbal communication skills required
• Intermediate Microsoft Office skills required, with advanced financial and data manipulation functions in Microsoft Excel preferred
• Ability to review and analyze complex financial documents
• Broad intellectual curiosity including the ability and desire to grow professionally

• Monthly domestic travel is required for this position
• Regular and reliable attendance required

We offer a comprehensive benefits package for employees and their families including medical and dental plan; 401(k) plan including company matching; firm‑funded life and disability insurance.

Area/Location Specific Minneapolis, MN
Approximate Salary Range: $65,000 – $74,000.
This position is also eligible for a discretionary bonus.

Our compensation ranges are determined by role, level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all U.S. locations. Within the range, individual pay is determined by work location and additional factors, including job‑related skills, experience, and relevant education or training.

Colliers provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race, creed, origin, marital status, sexual orientation, age, otherwise qualified disabled or veteran status or any other characteristic protected by law. If you are a qualified applicant who requires reasonable accommodation to complete a job application, pre‑employment testing, a job interview or to otherwise participate in the hiring process, please contact