About the Role
The analyst will be supporting the Multifamily Capital Prescreening and Underwriting group and delivering the various products to the reviewer/onshore team as per the agreed quality.
Responsibilities
- Ability to analyze and process property financial statement and loan related documents (e.g. rent roll, historical operating statements, appraisal reports collections and budget)
- Monitoring and analyzing the property performance based on Tenants details, Property Cash Flows and provide the necessary recommendation to Prescreening/Underwriting team.
- Analyze and validate the loan documents and share all the inconsistencies to Reviewer/onshore as per the agreed procedure.
- Ability to work on multiple process and flexible to work beyond the work timelines to complete the tasks.
- Reviewing associate deals and providing timely feedback for team members.
- Closely working with Risk partners in respect to avoid/mitigate any loopholes in the process and always adhere to the company polices.
- Ability to work closely with onshore partners with respect to any escalations and resolve on ASAP basis.
- Prepare Performance Report for team members and Monthly & Weekly reports for onshore partners.
- Ability to groom new team members.
- Work with individuals in more experienced roles to understand client needs and coordinate efforts to service clients by working closely with different departments in the Commercial Real Estate Underwriting functional area.
- Uploading Freddie Mac and Fannie Mae closed loan documents in respective websites.
- Receives feedback openly from others post implementation of learning experience.
- Achieve/Exceed the set quality/productivity targets.
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- 4+ years of overall experience in Multifamily Capital Prescreening and Pre - underwriting business.
- 4+ years of underwriting mortgage experience in conventional & FHA products.
- Strong knowledge in Government Sponsored Entities (Fannie Mae and Freddie Mac) and their underwriting procedures.
- Strong Knowledge in Commercial Real Estate domain.
- Strong knowledge in 3rd party documents i.e., Appraisal, PCR, ESA, Flood Determination.
- Strong MS Excel, PPT, Visio knowledge is mandatory.
- Ability to accurately process high volumes of work within established deadlines.
- Ability to work effectively as part of a team to meet targets.
- Excellent English comprehension and written communication skills.
- Flexibility towards work on different processes/assignments.
- Master Degree in Accounting and Finance.
- Any professional Finance/Accounting/Economics certification would be a plus.
28 Nov 2024
*Job posting may come down early due to volume of applicants.
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