JBA International · 5 months ago
Credit Underwriter
Sherman Oaks & Los Angeles, California, US
Full-time
Onsite
Mid Level
$75K/yr - $115K/yr
3+ years expJBA International is a company that specializes in commercial real estate banking. They are seeking a Credit Underwriter who will be responsible for assessing risk in borrower strategies and real estate projects, preparing credit memorandums, and presenting them to management for approval.
ConsultingHealth CareLegalProfessional Services
No H1B
U.S. Citizen Only
Responsibilities
The Credit Underwriter’s key responsibility is to assess risk in the borrower’s business strategy/experience and their real estate projects/investments
Prepare credit memorandums outlining the lending opportunity, key risks, mitigating factors, project/borrower/guarantor analysis, and credit advocacy
Perform credit analysis evaluating the applicant’s credit worthiness, financial strength, and loan repayment likelihood/capacity
Conduct market analyses and review real estate appraisals
Works with Loan Officers and Relationship Managers to obtain all required due diligence items
Work with all Genesis departments including sales, loan operations, valuations, accounting, construction, and other support staff
Present credit memorandums to Credit Management for review and approval
Analyzes legal documentation such as corporate entity documents to understand borrower structure and works with Compliance for AML/KYC. Loan documents may also need to be reviewed
Qualification
Required
Must have bachelor's degree
Minimum 3+ years in Commercial Real Estate banking or private real estate lending, in the form of underwriting, credit analysis or related experience
Knowledge of complex real estate lending and loan structuring
Industry knowledge of credit and financial analysis fundamentals, including cash flow analysis, balance sheet analysis, tax returns, profitability, liquidity, solvency analysis and real estate valuation
Financial modeling techniques and preparation of pro-forma financial statements and NOI/DSCR analysis
Knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation
Highly Proficient/Advanced in Excel, Word, PowerPoint, and database applications for pipeline management
Rely on strong underwriting experience and judgment to make decisions, read and interpret data from a micro and macro perspective
Ability to consolidate information from many sources to identify risks, conduct analysis and articulate a concise recommendation
Ability to manage multiple tasks concurrently and prioritize workload to meet deadlines
Ability to identify potential credit issues and appropriately escalate to management
Adapts to change in priorities and/or processes easily in a fast-paced work environment
Excellent interpersonal, negotiation, presentation, oral, and written communication skills
Preferred
Experience in construction lending is a plus
Company
JBA International
JBA International provides financial, life science, healthcare, legal, and office administration services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jacqueline Buickians
Chief Executive Officer
Company data provided by crunchbase