Underwriting assistant Jobs in Saint Paul, MN

Underwriting Analyst

Make your next move an expert one.

At Colliers it's not our success that sets us apart, it's how we achieve it. Our people are passionate, take ownership and always do what's right for our clients, people and communities.

Why Colliers?

Our enterprising environment needs your expertise to facilitate Colliers' continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career.

Colliers is seeking an Underwriting Analyst to support our HUD / FHA underwriting team. Analysts in this role will assist our senior underwriting team from pre-underwriting analysis through the completion of the final Underwriter's Narrative, including conducting in depth financial analysis, identifying strengths and weaknesses of prospective multifamily loans, and presenting their findings to our internal Loan Committee and Firm Application submissions to the U.S. Department of Housing and Urban Development.

Essential Duties And Responsibilities

• Assist the HUD / FHA underwriting team in completing the prospective loan narrative and updating financial model with rent rolls, budgets, operating statements, and third-party report conclusions
• Collaborate with the underwriting, production, and closing teams to determine deal timelines and identify challenges to prospective loans
• Support the underwriting team in the credit review of prospective loans
• Perform in-person property / site inspections and complete lease audits verifying property operations
• Conduct market research to evaluate comparable properties and local market trends, utilizing tools such as CoStar and various third-party appraisal reports
• Evaluate the strengths, weaknesses, and mitigants of prospective loans, while developing and maintaining a strong understanding of the HUD / FHA Multifamily Accelerated Processing and Office of Residential Care Facilities program guidelines
• Recognizing and analyzing industry trends, including current economic conditions, interest rate environment, and demographic trends
• Coordinate and compile Loan Committee packages and Pre-Application / Firm Application submissions
• Other duties as assigned

Required Education And Experience

Job Expectations

Benefits : We offer a comprehensive benefits package for employees and their families including medical and dental plan; 401k plan including company matching; firm funded life and disability insurance.

Pursuant to the laws regarding job postings where the position is located, Colliers is disclosing the following information : Area / Location Specific : Minneapolis, MN Approximate salary range for this role : $60,000 - $70,000 annually This position is also eligible for a discretionary bonus. Our compensation ranges are determined by role, level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

Make your next move an expert one and join us as we lead the industry into the future. Direct applicants only please, no agencies. Colliers provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race, creed, origin, marital status, sexual orientation, age, otherwise qualified disabled or veteran status or any other characteristic protected by law.