Associate Underwriter, Multifamily

Fast-growing asset manager seeking an Associate Multifamily Underwriter.

A leading financial services and asset management platform for residential and multifamily property investors.

• Manage a pipeline of multifamily BPL loans daily, ensuring each transaction progresses efficiently while adhering to the Firm’s credit philosophy and investor requirements.
• Identify, evaluate, and mitigate loan-level risk by ensuring creditworthiness, loan quality, and compliance with company guidelines and capital provider expectations.
• Review and validate loan files for accuracy, completeness, and alignment with underwriting standards, program parameters, and investor criteria.
• Stay up to date on company policies, capital provider guidelines, and multifamily loan program updates, integrating changes into underwriting and pipeline management.
• Communicate effectively with Underwriting Managers, Credit leadership, and internal stakeholders to maintain loan momentum and support a high-quality customer experience.
• Collaborate with the Firm’s Credit Committee, incorporating feedback from capital providers and loan buyers to improve credit execution and origination quality.
• Work cross-functionally with Originations, Operations, Capital Markets, and other teams to align credit decisions with business objectives while maintaining risk discipline.

• Bachelor’s degree in Finance, Real Estate, Economics, Accounting, or related field; MBA/MSRE a plus.
• 3-5 years of experience in real estate finance, underwriting, acquisitions, or investment analysis, with hands-on multifamily transaction experience (value-add, stabilized, or new construction).
• Strong financial modeling and analytical skills, including DCF, cash flow forecasting, IRR/NPV, debt sizing, and sensitivity analysis.
• Experience analyzing budgets, operating statements, rent rolls, P&Ls, and pro formas to determine sustainable NOI/NCF.
• Solid understanding of valuation methods, loan structures, and capital markets; familiarity with DSCR, covenants, and lender/investor criteria.
• Knowledge of multifamily market dynamics, submarkets, rent trends, expense benchmarks, and GSE-backed programs (Freddie SBL/Fannie Mae).
• Proficiency in Excel;
  Argus or other underwriting software a plus.
• Strong written and verbal communication skills; able to prepare investment memos, credit packages, and presentations for internal and external stakeholders.
• Detail-oriented, organized, and able to manage multiple deals in fast-paced, transaction-driven environments.
• Professional, proactive, solution-oriented, with integrity, ownership, and strong judgment.