Commercial Real Estate Sr Credit Analyst (Underwriter)
Commercial Real Estate Sr Credit Analyst (Underwriter)
Posted on :
11-05-2025
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1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
11-05-2025
Job Description
Commercial Real Estate Credit Analyst Underwriter
Our mission is to create exceptional experiences for our customers that help them achieve their dreams and we are looking for extraordinary individuals who have the talent and passion to help us bring those dreams to life.
Are you looking for a fulfilling career with a dynamic company culture growth opportunities and the chance to make a real impact At North American Savings Bank (NASB) we excel in delivering topnotch customer service and financial solutions to help our customers achieve their dreams whether its buying their first home or planning for retirement. We believe outstanding customer service starts with an exceptional work culture that rewards hard work provides the right tools for success and values a healthy happy team. With over 92 years in business and rapid growth NASB is seeking new team members eager to grow with us!
Wearecurrently looking for a level II or SeniorCredit Analystto join our Commercial Real Estate Lendingteam.
Job Summary
This role is responsible for underwriting more complex commercial real estate construction and residential construction transactions with autonomy. This role has the ability and knowledge to underwrite every commercial real estate loan transaction that the bank offers. Additional responsibilities included assisting with the mentoring of junior analysts process improvement support and assisting in administrative functions as needed. This position can be a level II or Senior depending on experience.
What you can expect to work on
- Analysis/Due Diligence
- Review and spread borrower financials and complete more complex analysis within Sageworks while being able to articulate the impacts on real estate loan transactions and/or credits.
- Responsible for reviewing and assessing the impacts of environmental reports and leases on real estate loan transactions.
- Review appraisals market data and analyze real estate performance as it impacts key metric such as DSCR debt yield and borrower yields and spreads.
- Review organizational documents to ensure loans are adequately structured.
- Underwriting/Loan Reviews
- Responsible for underwriting CRE CRE construction residential land lot and development and residential buildtorent transactions dependent on size and complexity.
- This primarily comprises buildtosuit construction retail multifamily but may include other asset classes.
- Assists in underwriting residential vertical construction and IRA loan transactions
- Responsible for more complex large borrower reviews dependent on size and complexity to assess borrower health and performance and any risks associated with the credit.
- Responsible for underwriting CRE CRE construction residential land lot and development and residential buildtorent transactions dependent on size and complexity.
- Other Responsibilities
- Responsible for maintaining SLA quality and productivity measures.
- Assists in peer reviewing spreads and memorandums.
- Assists management in audit/exam support
- Assists management with large department initiatives involving systems processes and procedures.
- Assists in administrative functions including managing appraisals and various report preparation as needed.
What you offer us
Education/Experience:
- Bachelors degree or other formal education preferred (with a focus on business finance risk management or other similar area).
- Five to ten years experience in commercial real estate underwriting ADC loan underwriting construction administration or other related experience.
- Experience in analyzing various project types including multifamily buildtosuit residential rental portfolios phased CRE development.
- Excellent knowledge of commercial real estate lending regulations and compliance.
Skills
- Can calculate and understand a real estate projects profitability and feasibility. This includes the following:
- Understanding the project level performance metrics such as DSCR debt yield borrower profitability and yield spreads.
- Understanding cap rates and the impact on values project performance and asset marketability.
- Understanding various leases including NNN NN ground leases and having the ability to articulate the potential impacts to the bank and borrower.
- Understanding construction budgets construction timelines and funding sources and their impacts to a project.
- Can effectively underwrite various real estate loan transactions in accordance with bank and regulatory standards and general best practices.
- Can manage and prioritize a pipeline of transactions to underwrite with autonomy.
- Highly proficient knowledge and understanding of bank systems technology and processes.
- Excellent customer service skills.
- Excellent mathematical problemsolving and critical thinking skills.
- Excellent written and verbal communication skills: ability to effectively interact with individuals in all areas of the bank.
- Excellent time management and organizational skills must be detailoriented and thorough.
- Can easily adapt and/or align with the evolving landscape and business changes.
- Ability to foster a culture of continuous learning and positive professional development to others.
- Ability to take initiative and be proactive within their work.
Work Environment
This position will be a hybridbased schedule with a combination of inoffice and remote work.
What we offer you
NASB offers competitive compensation and excellent benefits packages including:
- Comprehensive health insurance options including medical dental and vision coverage.
- 401(k) retirement plan with immediate employer match.
- Generous paid vacation sick and personal days. Plus enjoy a bonus day off for your birthday!
- Exclusive mortgage and banking benefits.
- Paid holidays volunteer time off and free parking at NASB facilities.
- Employee referral bonuses and internal training programs to help reach your career goals.
If you have any questions please contact .
Note: This job description should not be construed to imply that these requirements are the exclusive standards of the position. Incumbents will follow any other instructions and perform any other related duties as may be required. The employer has the right to revise this job description at any time. The job description is not to be construed as a contract for employment.North American Savings Bank (NASB) is an Equal Opportunity/Veterans/Disabled employer.
Required Experience:
Senior IC
Employment Type
Full Time
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