Berkadia · 3 hours ago
Underwriting Analyst
Berkadia is a leading mortgage banking platform recognized among top lenders, and they are seeking an Underwriting Analyst to analyze and underwrite credit risk for multifamily and commercial deals. The role involves collaborating with third-party vendors, preparing underwriting narratives, and maintaining communication with senior directors and mortgage banking networks throughout the approval and closing processes.
Responsibilities
Complete or send due diligence materials to GPO to populate the PLG templates and respond to inquiries from the MBs or GPOs
Analyze and review borrower credit information, third-party reports, and property financial and physical data to assess deal viability
Conduct site inspections to evaluate the market competitiveness of proposed collateral and determine the economic feasibility of projected income streams
Prepare underwriting narratives and independent cash flow value estimates for large, complex transactions, including multifamily, office, retail, and construction loans
Present recommendations and key documentation (term sheets, applications, commitments, credit memos, etc.) to the Senior Underwriters and appropriate approval committees
Maintain consistent communication with the company's Senior Directors and, as requested, with the mortgage banking network, managing borrower clients through the approval and closing processes
Collaborate with loan officers, loan closers, and legal counsel to advance loan requests through approval and closing, as directed by the Senior Directors/SVPs Credit
Conduct and participate in customer meetings, site inspections, and conference calls as directed by the Senior Directors/SVPs Credit
Possess detailed knowledge of CRE and multifamily underwriting, including cash flow forecasting and experience in reviewing and approving engineering and environmental reports, zoning reports, and appraisals
Other duties as assigned
Qualification
Required
Strong written and verbal communication skills
Ability to work effectively in a team and adapt to a rapidly changing environment
Ability to maintain confidentiality and adhere to organizational policies and procedures
Strong attention to detail, accuracy, and consistency
Advanced technical skills in Microsoft Office Suite, with experience in Salesforce and SharePoint
0-3 years of experience in a similar position or internship
Possess detailed knowledge of CRE and multifamily underwriting, including cash flow forecasting and experience in reviewing and approving engineering and environmental reports, zoning reports, and appraisals
Preferred
Bachelor's degree in Real Estate/Finance Preferred
Benefits
Monthly paid volunteer hours and donation matching to benefit our communities
Employee Resource Groups that help you grow with us
Fertility and family planning services
Up to 12-weeks of fully paid parental leave
Mental health care, including free counseling sessions:
We'll help you fund your learning journey with generous tuition reimbursement
Pet insurance discounts
And more!
Company
Berkadia
Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients.
Funding
Current Stage
Late StageTotal Funding
$111.88M2019-11-01Debt Financing· $67.56M
2018-09-04Debt Financing· $44.32M
Recent News
Denver Business Journal
2025-01-06
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