CRE Credit Underwriter Vice President

Type:

Full Time Salaried plus Bonus plus Benefits

Requirement ID:

1745

Location:

New York, NY, US- Hybrid work environment

Apply To:

Diane Katz

/

diane.katz@primesotinc.com

/

561-573-1581

Type:

Full Time Salaried plus Bonus plus Benefits

Location:

New York, NY, US- Hybrid work environment

Requirement ID:

1745

Setup:

Apply to:

Diane Katz

,

diane.katz@primesotinc.com

,

561-573-1581

Apply Now

Purpose of Position

Our client is actively growing its CRE portfolio with multi-family, industrial, and other asset classes in the Northeast, Washington D.C, San Francisco, Chicago and other gateway cities. The CRE Credit Underwriter III will be an integral part of the loan review and approval process for new CRE loan transactions. The CRE Credit Underwriter III will work closely with the origination team and credit risk management in reviewing and analyzing financial statement reports, conducting due diligence, assessing credit risk, preparing deal screen presentations, writing credit approval memorandums, presenting recommendations to the credit committee, and monitoring and managing the credit portfolio The CRE Credit Underwriter III will be expected to work on numerous deals simultaneously. The job requires a self-starter capable of independently completing work in a thoughtful and thorough manner, while evaluating all risks associated with complicated CRE credit transactions.

Essential Job Functions

  • Prepare comprehensive credit memorandums that provide in-depth analysis of new credit requests and analyze risks and mitigants of loan structures
  • Work with the origination team and credit as risks are uncovered during the underwriting/closing process
  • Assist in the presentation of transactions to the credit committee in support of approval
  • Maintain good working knowledge of the Bank’s lending policies/ procedures and identify exceptions to credit policy
  • Recommend appropriate risk ratings in accordance with credit policy guidelines
  • Attend meetings and/or  conference calls on transactions, lead due diligence discussions and guide the deal though the approval process
  • Assist in annual credit reviews     as needed
  • Perform other duties as  required by the job

Knowledge, Skills and Experience Requirements

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