Listing Details


 

 

Interested and qualified candidates, please submit your resume to:

Ellen Haber, Managing Director| ellen@kelleraugusta.com | 917.842.0328

Vice President of Real Estate Finance Underwriting

Santa Monica, CA

JOB DESCRIPTION

Firm Overview:
Our client is a national commercial bank with deep industry relationships, underwriting experience and market expertise that originates, underwrites, and manages senior secured real estate loans. Transactions are focused on experienced and well-capitalized sponsors with a geographic focus on properties in the northeast, west coast, and other major markets with strong fundamentals. The team provides bridge/reposition and construction financing for single properties, property portfolios, and loan portfolios. Properties include multi-tenant office, multi-family rental, industrial, self-storage, and more. Their professionalism, long-term client relationships, and successful track record help them succeed in all areas of business.

Responsibilities:

  • Underwrite commercial real estate loans including bridge, transitional and construction for multi- family, office, retail, industrial, and hotel properties.
  • Complete credit approval memos and submit for approval.
  • Participate in Credit meetings.
  • Participate and manage the transaction process including review of property due diligence and closing process.
  • Review applications, prescreen memos and final credit memos.
  • Ability to manage relationships and assist with negotiations/communications with multiple parties during the transaction cycle, including originators, management, credit risk and attorneys.
  • Communicate with brokers, agents, and principals to complete strategic research projects and analysis to validate underwriting assumptions.
  • Assist in the negotiation of legal documentation.
  • Participate in the management of loans post origination, including risk ratings and classification.
  • Work closely with the head of underwriting, originators, closers, and legal team.
  • Monitor performance on an existing portfolio of loans.

Requirements:

  • Bachelor’s degree, background in Business, Finance, Real Estate.
  • 5 plus years of underwriting or credit analysis.
  • Ability to evaluate diverse transactions including bridge, repositioning, transitional and construction loans.
  • Strong analytic skills with the ability to prepare credit memo and presentation to credit committee.
  • Self-motivated, hands-on, proactive style.
  • Strong time management skills and highly organized diligent and detail-oriented.
  • Work independently and collaboratively.
  • Excellent oral and written communication skills.