CTL Underwriter (Commercial Real Estate) Job in Irvine, California US
CTL Underwriter (Commercial Real Estate)
Underwriter III (Commercial Real-Estate) Underwriter III for Commercial Term Lending's Commercial Mortgage Lending Group. Coordinate and manage all aspects of underwriting commercial real estate term loans. Position requires superior financial analysis, property valuation and project management skills coupled with knowledge of local Southern California commercial real estate markets. The Underwriter will underwrite the most complex transactions with little or no guidance from immediate manager and serve as mentor for more junior underwriters and credit analysts. Knowledge Requirements Thorough understanding of Commercial real estate property valuation techniques including discounted cash flow analysis. Familiar with market research tools for commercial real estate including industrial, retail and office property. Superior financial analysis skills including property operating statement for variety of property types and personal financial statements of individual sponsors. Computer proficiency skills in Excel (financial modeling), Microsoft Word, PowerPoint. Standards, practices, methodologies, and regulatory requirements relative to the finance/accounting disciplines. Standards relating to the appropriate documentation of work activities. Demonstrated Ability Establish and maintain effective relations with internal business partners including sales, processing closing and legal. Project management skills including ability to prioritize, plan and manage people and processes to complete underwriting and other assignments on a timely basis. Identify issues in a timely manner, formulate and propose effective solutions. Understand and interpret financial/performance data. Become conversant with the policies, standards, procedures, and regulations applicable to the assigned work unit in a timely manner. Concisely express ideas and convey technical information in written, oral, and electronic communication. Provide effective guidance and performance feedback to lower-level underwriters and analysts. Independently plan and conduct non-routine financial analysis/reporting projects. Ability to serve as functional technical expert in responding to inquiries and resolving system related issues. Thorough understanding of risk impact and consequence of errors in formulating decisions and providing direction to others.