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Arena Investors, LP · 3 weeks ago

Real Estate Underwriter - Vice President

Purchase, NY

Full-time

Hybrid

Senior Level, Lead/Staff

$200K/yr - $400K/yr

8+ years exp

Arena Investors, LP is seeking a Vice President - Real Estate Credit who will be primarily responsible for underwriting and financially analyzing first mortgage investment opportunities. The role involves conducting credit risk assessments, establishing underwriting policies, and presenting investment memos to senior management.

Financial Services

Responsibilities

Conduct thorough credit risk assessments of commercial real estate transactions, including the evaluation of borrower creditworthiness, property value, cash flow projections, and market conditions

Utilize personal knowledge and extensive CRE industry relationships as applicable for underwriting transactions. Work closely with origination teams, legal, and senior management to ensure that credit risk considerations are fully integrated into business decisions

Establish standard underwriting policies and procedures to be utilized for all transactions

Review and approve all loan underwriting, due diligence and related reports completed by correspondents and third-party providers

Lead the underwriting process for commercial real estate debt transactions, providing expert judgment on credit risk factors and structuring recommendations

Enforce credit risk policies and procedures specific to commercial real estate, ensuring alignment with regulatory requirements and best practices

Monitor market trends, economic indicators, and property performance to identify potential risks and opportunities within the portfolio

Prepare and present detailed investment memos to senior management and stakeholders, highlighting key risks, mitigants, and recommendations

Prepare investment memo and present transaction to investment / credit committee for approval to fund

Review and approve closing checklists and funding statements

Ensure compliance with all relevant regulations and internal policies, staying informed of changes in the regulatory environment that could impact the commercial real estate portfolio