Responsible for creating concise, complete, and transparent Investment Briefs for agency financing of multifamily properties and ensure accurate data quality for loan securitization. Opine and conclude on unique small balance property pro forma financial statement considerations, resolve transactional issues that escalate in third party reports, work with Producers to obtain all due diligence, review of borrower financial position, market analysis, property inspections. Assess key areas of risk and conformance with Freddie Mac guidelines and policy requirements. All responsibilities build toward credit approval and closing individual mortgage loans collateralized by multifamily properties.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Responsible for credit and real estate analysis, processing incoming forms/exhibits and preparing final delivery of investor packages. Preparation of Borrower credit analysis including determination of net worth, liquidity, overall financial strength, credit scores, experience and acceptability of proposed borrower structure.
Reviews, amends and/or prepares Underwriters narrative and underwriting packages on new loan requests.
Reviews underwriting due diligence information and integrates real estate information from market research reports and other third-party sources.
Interfaces and collaborates with department support staff including production analysts, producers, legal and closing.
Reviews and submits post-closing underwriting loan delivery packages to Freddie Mac. Other duties as assigned.
No formal supervisory responsibilities in this position. Provides informal assistance such as technical guidance, and/or training to coworkers. May lead project teams and/or plan, and supervise assignments of lower level employees.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and EXPERIENCE
Bachelor's degree from a four-year college or university required. Minimum two years experience in analysis of commercial real estate properties, including duties such as inspecting property, reviewing financial statements, and underwriting loan transactions. Appraisal experience is desirable for property valuation and market analysis.
CERTIFICATES and/or LICENSES
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
Requires knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts basic financial analysis.
Ability to comprehend, analyze, and interpret documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.
OTHER SKILLS and/or ABILITIES
Proficient in common Adobe and Microsoft applications including: Word, PowerPoint and Excel. Will be required to travel as needed.
SCOPE OF RESPONSIBILITY
Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.
Internal Number: 19006507
With broader and deeper capabilities than any other company, CBRE is the leading full-service real estate services and investment organization in the world.
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2017 revenues of $14.2 billion and more than 80,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #214 in 2017. It also has been voted the industry’s top brand by the Lipsey Company for 17 consecutive years, and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for six years in a row. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”
CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.