Senior Agency Underwriter - Conventional jobs in United States
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Colliers · 18 hours ago

Senior Agency Underwriter - Conventional

Colliers Mortgage is an industry leader seeking a Senior Underwriter to join their Agency Credit Underwriting team. The role involves underwriting complex loan transactions, training analysts, and evaluating credit risks in accordance with multifamily guidelines.

Commercial Real EstateProperty ManagementReal Estate

Responsibilities

Evaluate the credit risk of prospective loan and sponsor, while developing and maintaining a strong understanding of the Fannie Mae Multifamily Selling and Servicing guidelines
Complete analysis within the prospective commercial loan financial model with rent rolls, budgets, operating statements and third-party report conclusions
Prepare thorough narrative summarizing commercial loan terms, the property, the market, and overall strengths and risks of the transaction
Complete detailed Sponsor Analysis, including review of relevant experience, financial statements, bank statements and schedules of real estate owned
Perform in-person property/site inspections and complete lease audits verifying property operations
Conduct market research to evaluate comparable properties and local market trends, utilizing CoStar and third-party appraisal reports
Recognize and analyze industry trends, including current economic conditions, interest rate environment, and demographic trends
Review and approve third party reports including, but not limited to: appraisals, property condition assessments, environmental site assessments (phase 1 and 2) and zoning reports
Manage and maintain underwriting due diligence checklist
Provide training, review, and oversight of Underwriting Analysts
Coordinate and present Loan Committee packages
Communicate closely with loan production and capital markets teams to ensure a timely rate lock and closing
Manage loans via the Fannie Mae DUS Gateway system to submit waivers and/or loan options
Compile all required final documents, including but not limited to committee package, certifications, and third-party reports, for securitization
Other duties as assigned

Qualification

Commercial loan underwritingFannie Mae guidelinesComplex borrower structuresProperty inspection experienceTraining underwriting analystsMicrosoft ExcelMarket researchTeam coordinationMBA Multifamily Inspection TrainingWritten communicationVerbal communication

Required

6+ years of experience in commercial/multifamily loan underwriting/credit analysis, including property inspection experience
Familiarity with complex multifamily property types, which may include manufactured housing, student housing, seniors housing, military housing, etc
Intricate knowledge of Multifamily Agency Selling and Servicing Guides
Knowledge and understanding of complex borrower structures such as Delaware Statutory Trust (DST) and Preferred Equity
Experience in oversight or training of underwriting analysts
Exceptional written and verbal communication skills required
Exceptional Microsoft Office skills required with some advanced financial and data manipulation functions in Microsoft Excel preferred
Bachelor's Degree required

Preferred

Experience with seniors and affordable housing
MBA Multifamily Inspection Training certificate preferred but not required

Benefits

Medical and dental plan
401k plan including company matching
Firm funded life and disability insurance

Company

Colliers

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Colliers International operates as a global real estate specialist and investment management company.

Funding

Current Stage
Public Company
Total Funding
$300M
2024-02-22Post Ipo Equity· $300M
1995-01-20IPO

Leadership Team

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Badal Yagnik
Chief Executive Officer & Managing Director, India
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Davoud Amel-Azizpour
Chief Executive Officer EMEA
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