Overview
– Must have a good knowledge of US Real Estate Industry and Market in underwriting the CML/CRE loans across all the sectors; along with hand on experience in underwriting the Multifamily agency (Freddie & Fannie) loans.
– Should be aware of the US taxes for different States and Counties; along with knowledge of various rent/sales comparable to be used in accordance with subject properties.
– Must be well versed with concepts of Cap Rate/Index rate/ LTC/LTV/Spreads/Cap Stack, Implied vs Cash Equity and various loan specific terminologies. In addition, should know the implications and effect of UW In-place and Mark to Market assumptions using property financials and its demographics through broker provided offering memorandum.
– Candidate should have the knowledge of US Market and Sub-Market to understand the deal’s demographics and its impact on the subject property.
– Hand on experience and proficient in preparing the dynamic financial models in MS excel.
– Master’s degree – Major in Finance or Banking and Capital Markets, CFA designation a plus.
– Exceptional quantitative aptitude and skill set with a mastery of Microsoft Office applications.
– Ability to manage multiple priorities in a fast paced, fluid environment.
– Previous background with real estate lending required with Debt Underwriting’ in real estate preferable.
– Rigorous analytical mindset with a high level of intellectual curiosity and excellent problem-solving skills.
– Acute focus on attention to detail, accuracy, and data validation.
– Effective communication skills (listening, verbal, and written).
– Excellent interpersonal and teamwork skills.