Underwriter

Company: CBRE
Location: Boston
Posted on: May 1, 2025

Job Description:

Underwriter

Job ID

217529

Posted

29-Apr-2025

Service line

Advisory Segment

Role type

Full-time

Areas of Interest

Capital Markets

Location(s)

Boston - Massachusetts - United States of America

About The Role:

Responsible for assisting the Chief Underwriter, Deputy Chief Underwriter and Senior Underwriter in evaluating Multifamily loan requests, assessing key areas of risks and conformance with CMC and Fannie Mae credit standards and program requirements.

What You'll Do:

• Responsible for credit and real estate analysis, processing incoming exhibits and preparing final delivery underwriting packages. Preparation of Borrower credit analysis including determination of net worth, liquidity, overall financial strength and acceptability of proposed borrower structure.
• Reviews narrative and underwriting packages on new loan requests in cooperation with debt origination teams and prepares materials for final loan committee.
• Reviews underwriting due diligence information and integrates real estate information from market research reports and other third-party sources. Performs site inspections to evaluate property and local market conditions.
• Prepares loan commitment and rate lock documentation and coordinates with internal trading desk during rate lock process.
• Trains, plans and supervises assignments of underwriting analysts.
• Interfaces and collaborates with other internal and external teams, including production underwriters and analysts, insurance and closing, lender legal counsel, and Fannie Mae partners.
  
  What You'll Need:
  
  To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
  
  • 2+ years' experience in evaluating commercial real estate properties including property inspections, reviewing financial documents, and underwriting loan transactions. Willingness to travel as needed.
  • Strong work ethic, excellent written and analytical skills, and ability to collaborate effectively with team and Fannie Mae in fast-paced environment are required.
  • Experience with analyzing information and standard practices to make judgments.
  • In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.
  • Demonstrates a thorough approach and attitude.
    Why CBRE
    
    When you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive. We are dynamic problem solvers and forward-thinking professionals who create significant impact. Our collaborative culture is built on our shared values - respect, integrity, service and excellence - and we value the diverse perspectives, backgrounds and skillsets of our people. At CBRE, you have the opportunity to realize your full potential.
    
    Our Values in Hiring
    
    At CBRE, we are committed to fostering a culture where everyone feels they belong. We value diverse perspectives and experiences, and we welcome all applications.
    
    Disclaimers
    
    Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
    
    Include any other disclaimers that are applicable for the role that are not automatically populated in Talent Source. Delete this section if not applicable. Examples of relevant disclaimers include U.S. state pay transparency requirements, sponsorship eligibility, COVID-19 requirements, etc.
    
    CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for the Underwriter position is $78,500 annually and the maximum salary for the Underwriter] position is $95,000 annually. The compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE's applicable benefit program. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance. The application window is anticipated to close on May 6 and may be extended as needed. Or to express interest in similar roles, visit CBRE.com/careers
    
    Equal Employment Opportunity: CBRE has a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
    
    Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company's success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).

Keywords: CBRE, Warwick , Underwriter, Other , Boston, Rhode Island