Underwriting Analyst, Affordable Housing
Berkadia
About the Role
The Underwriting Analyst is essential to supporting multi-billion-dollar lending platforms. This role involves analyzing proposed transactions, preparing formal recommendations, and assisting in the closing and delivery of approved loans. A candidate eager to learn and grow will have opportunities for advancement within the team and the company.
Key Responsibilities
- Support underwriters in executing business operations.
- Analyze real estate transactions by assisting in collecting and reviewing loan due diligence materials, generating underwriting pro forma cash flows, identifying and evaluating risks and mitigations, and preparing formal presentations for the loan committee.
- Assist in all aspects of deal processing, from application through underwriting and closing, to delivering the loan to servicing and/or investors.
- Coordinate and monitor loan underwriting tasks performed by offshore resources and external third parties to ensure timely and accurate delivery of work products.
- Conduct site inspections of collateral associated with proposed loans.
- Other duties as assigned.
Qualifications
- Excellent organizational, analytical, and quantitative skills, with strong attention to detail and a high level of initiative.
- Knowledge of cash flow analysis and exposure to commercial real estate is preferred.
- Experience with MS Office, particularly Excel, and prior experience with Salesforce is preferred.
- Strong written and verbal communication skills.
- Bachelor's degree or equivalent.
- 0-3 years of experience in a similar position.