PGIM Senior Director, Underwriter; Hybrid

Senior Underwriter – Agency Lending

PGIM Real Estate (PGIM RE) is one of the nation’s largest full‑service commercial real estate lenders. We are seeking a Senior Underwriter to join our Agency Lending business. The role is hybrid and can be based in any of the following locations:
Arlington, Chicago, San Francisco, Los Angeles, Dallas.

• Monitor and approve due‑diligence materials reviewed by underwriting staff.
• Serve as the primary point of contact for clients and for credit and underwriting issues with the Agency.
• Train team members and mentor junior analysts.
• Complete review, analysis, and approval of loan submission due‑diligence materials.
• Review and provide commentary on third‑party reports.
• Finalize the underwriting narrative and model and/or provide direction to underwriting staff.
• Maintain ongoing communication on all aspects of the loan process with key stakeholders.
• Conduct independent site visits.
• Collaborate across the Underwriting team on portfolios and larger underwriting efforts.
• Present to the Investment/Loan Committee when necessary.
• Research and analyze market/submarket trends and fundamentals.
• Manage and mentor team analysts.

• Bachelor’s degree and 8 or more years of experience in commercial underwriting.
• Experience with Agency financing, specifically Fannie Mae and/or Freddie Mac, and general multifamily financing alternatives.
• Proficient in analysis of mortgage credit and borrower structures.
• Strong verbal and written communication skills.
• Strong attention to detail.
• Proven management capability and experience mentoring and training junior team members.
• Excellent critical thinking and decision‑making skills.
• Ability to take ownership of loan transactions and manage workload with minimal supervision.

Base salary: $175,000 – $185,000 per year. Additional compensation and benefits available.

• Competitive base salary with annual bonus potential.
• Health insurance (medical, dental, vision, life, disability).
• Paid Time Off (PTO) and leave of absence options.
• 401(k) plan with company match up to 4%.
• Company‑funded pension plan.
• Wellness programs and work/life resources.
• Education benefits and employee stock purchase plan.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition, or any other characteristic protected by law.