Underwriter - Multifamily Affordable

As a Multifamily Underwriter you will be responsible for assisting the Chief Underwriter, Deputy Chief Underwriter and Senior Underwriter in evaluating Multifamily Affordable Housing loan requests, assessing key areas of risks and conformance with CMC, Fannie Mae and Freddie Mac credit standards and program requirements. Prepares underwriting submissions for loan committee. Strong work ethic and drive for excellence are essential to join this high-performance team.

• Responsible for credit and real estate analysis, processing incoming exhibits and preparing final delivery underwriting packages. Preparation of Borrower credit analysis including determination of net worth, liquidity, overall financial strength and acceptability of proposed borrower structure.
• Prepares narrative and underwriting packages on new loan requests.
• Reviews underwriting due diligence information and integrates real estate information from market research reports and other third-party sources.
• Trains, plans and supervises assignments of underwriting analysts
• Interfaces and collaborates with other internal teams, including production analysts, insurance and closing.
• Other duties as assigned.

No formal management responsibilities in this position. Provides informal assistance such as technical guidance and training to coworkers. May lead ad hoc project teams.