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Merchants Capital · 1 week ago

VP, Underwriter - Merchants Investment Partners

New York, NY

Full-time

Onsite

Mid, Senior Level

$150K/yr - $200K/yr

5+ years exp

Merchants Capital is a proven leader in financing for multifamily housing nationwide, and they are seeking a VP, Underwriter to serve as the primary internal-facing entry point for all prospective multifamily and healthcare commercial real estate loans. The role involves managing the CRE loan portfolio, collaborating with loan originators, and developing new investment products.

Customer ServiceFinanceFinancial Services

Responsibilities

Senior member of the MIP team responsible for investments and management of the CRE loan portfolio and pipeline

Work with loan originators to review, price, structure and help source loan opportunities that meet the credit and return requirements for MIP

Screen all incoming loans for sponsor and credit worthiness to determine if term sheets should be issued and full due diligence should commence

Work with Merchants Capital and Merchants Bank underwriting, legal and closing teams to manage loans through full due diligence lifecycle

Maintain reports on loan pipeline

Work with MIP leadership to develop new investment products

Review and monitor existing portfolio alongside the internal asset management team

Assess loan amendment and modification requests

Collaborate with senior leadership to maximize performance attribution and vehicle returns

Qualification

CRE underwriting experienceAffordable Housing knowledgeBridgePermanent lendingAgencyHUD lendingEthical standardsOrganizational skillsProblem-solving skillsVerbal communicationWritten communicationWork ethic