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Underwriter, Structured Finance

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Michael Page

2021-12-04 07:30:03

Job location Miami, Florida, United States

Job type: fulltime

Job industry: Insurance & Superannuation

Job description

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Summary

The Underwriter, Structured Finance is responsible for underwriting complex credit facilities in a manner which achieves profitability goals while remaining within set risk parameters. This position affords the opportunity to work closely with our Senior Credit team and Originators on the structuring and underwriting of transactions.

Client Details

My client is a nationwide real estate investment trust and direct lender, providing loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. They are looking to bring on a strong Underwriter, Structured Finance to their Miami team. Experience with multifamily deals required.

Description

The Underwriter, Structured Finance will have the following duties and responsibilities, including but not limited to:

  • Perform financial analysis and underwriting, including statement spreading, risk assessment, projections and sensitivity analysis, industry and management assessments, collateral analysis and completion of credit approval documents
  • Review and analyze financial statements, tax returns and cash flow statements of borrowers and guarantors
  • Interface with credit, portfolio, operations and product specialist personnel, as required, to facilitate the underwriting, closing, and transition of prospects to portfolio management
  • Engage outside parties for collateral reviews, appraisals, background checks, and accounting due diligence, as necessary
  • Perform on-site due diligence through property inspections

Profile

The ideal Underwriter, Structured Finance will have:

Education: Bachelor's degree, preferably in Finance or a related discipline

Experience: Minimum of 4 to 6 years of related experience. Underwriting, credit analysis, or real estate valuation preferred

Knowledge/Skills/Abilities:

  • Strong credit skills evidenced by ability to quickly evaluate strengths and weaknesses of a variety of transactions
  • Excellent written and verbal communication skills are critical to success
  • Strong interpersonal skills
  • Able to work independently
  • Proactive and flexible to changing situational requirements
  • Ability to work in the office located in Miami, FL

Travel: Up to 30%

Job Offer

The Underwriter, Structured Finance will receive:

  • Strong base
  • Bonus potential
  • Healthcare
  • 401K

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