CRE Underwriting Associate

Role Overview: As an experienced credit risk analyst with a strong foundation in commercial real estate (CRE) analytics, specializing in CMBS, loan securitization, loan origination, and underwriting processes, your role will involve supporting informed lending and investment decisions within commercial banking portfolios. You will be responsible for reviewing Offering Memos, compiling property level income statements, evaluating market research, reviewing tenant leases, preparing asset summary reports, underwriting acquisition facilities, and conducting quarterly performance analysis of Balance Sheet loans. Additionally, you will manage CMBS data and assist in aggregating, sourcing, and populating centralized databases. Key Responsibilities: - Review Offering Memos prepared by brokers and/or Borrowers to gain an understanding of the real estate and the requested financing. - Evaluate and compile property level income statements, rent roll, reimbursements, occupancy statistics, sales and occupancy cost information, and other information into excel-based models. - Compile market research to determine and verify a project's economics and assumptions in the model, utilizing third party sources such as Costar, Reis, Smith Travel Research, and public information available on the internet. - Review tenant leases and related documentation and prepare an abstract of key terms. - Evaluate historical and projected capital expenditure budgets. - Prepare asset summary reports covering short descriptions of property and market characteristics, strengths, and weaknesses of the transaction for CMBS and Warehouse Loans. - Underwrite and conduct due diligence of the Acquisition facilities. - Perform quarterly performance analysis of Balance Sheet loans including analyzing financial statements, rent rolls, occupancy statistics, covenants tracking, and transaction updates. - Manage CMBS data and assist in aggregating, sourcing, and populating centralized databases. - Work on adhoc projects as assigned. Qualifications Required: - Postgraduate Degree (or equivalent). - Prior experience in Real Estate finance or securitized products like CMBS, RMBS, etc. - Excellent knowledge of Real Estate metrics and financial statements. - Experience working in CMBS issuances and managing data. - Excellent analytical skills and responsible for analyzing the results of the tests developed. - Experience in preparing Narratives or Asset Summary reports of the transaction. - Proficiency in MS Excel, Word, and PowerPoint. - Work experience of 1-2 years. - Understanding of commercial real estate and Financial statements is a must.,