Prescreen Analyst
We are seeking a Prescreen Analyst with 1-3 years of commercial underwriting experience with large loans ($10M average loan size) GSE multifamily experience as well as DUS experience is preferred. The analyst's primary responsibilities will be to provide day-to-day financial, market, and underwriting analysis of multifamily loans. This is an excellent opportunity to be thoroughly educated about the underwriting of multifamily mortgages, to have extensive contact with our clients, and to train under the premier programs (Fannie Mae and Freddie Mac). This position affords the opportunity to work closely with our Senior Credit team and Originators on the structuring and underwriting of transactions.
Essential Duties and Responsibilities
- Analyze, interpret and underwrite complex multifamily real estate transactions in compliance with respective agency guidelines (Fannie Mae / Freddie Mac)
- Conduct detailed economic and demographic research to determine feasibility of transactions
- Prepare and present comprehensive loan approval package to credit committee
- Develop and maintain strong relationships with origination and closing departments and external agency investors
- Conduct comprehensive inspections of physical real-estate assets on an as-needed basis
Skills, Education and Experience :
B.S. / B.A. degree in Accounting, Finance, Economics, Real Estate or other related fields preferred1-3 years of direct Fannie Mae / Freddie Mac underwriting experience with large loans ($10M average loan size)Highly developed analytical, research and written / oral presentation skillsAbility to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracyDemonstrated ability to organize & prioritize projects, complete multiple tasks on scheduleAbility to work productively under minimal supervisionProficiency in Microsoft Office, especially in EXCEL and WordStrong work ethicProactive team player, able to work effectively under sometimes stressful conditionsAbility to travel a minimum of 10-20%Benefits and Perks :
Industry leading Parental Leave Policy (up to 16 weeks)Generous healthcareBright Horizons back-up care programGenerous paid time offEducation reimbursementReferral ProgramOpportunities to network and connect within the industryWorking Conditions : Normal working conditions with the absence of disagreeable elements.
Newmark is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.