Essential Duties & Responsibilities
-
Assists the Underwriter during the loan underwriting process by requesting, collecting, managing required documentation:
-
Prepare, distribute, and maintain Due Diligence Checklists and Application Workbooks, updating regularly to meet target underwriting dates.
-
Collect, review, and advise the underwriting team regarding receipt and status of all underwriting documentation.
-
Establish and maintain loan files. Retain and organize loan documentation in appropriate electronic data storage folders. Order and obtain professional reports and verifications from external parties.
-
-
Inputs and analyzes data:
-
Verify and update property operating information in the underwriting analysis workbook.
-
Upon receipt of borrower/sponsor financial statements, SREO, Underwriting Certificates, credit reports, and investor database credit checks:
-
Review and notify Underwriter of any material issues;
-
Transfer data from reports to underwriting analysis workbook and narrative.
-
Upon receipt of professional reports (e.g. appraisal, engineering, environmental assessment, seismic analysis, zoning, and market reports), transfer data into underwriting analysis workbook and narrative.
-
-
Assists the Underwriter in the preparation and submission of loan committee presentations, including drafting sections of the underwriting narrative as assigned and preparing exhibits.
-
Assists with assembling loan package and delivering to Investors after closing.
-
Processes invoices for payment and prepares final accounting.
-
Work professional and harmoniously with team and coworkers
-
Other projects and duties as assigned.
Contacts
This position has frequent contact with all levels of employees and management. In addition, this role may interact with outside business partners, vendors, consultants, and other office visitors.
Education, Skills & Experience
-
Bachelor’s degree in Finance, Accounting, Real Estate, or Business Administration preferred.
-
One to three years of commercial real estate experience required; multifamily strongly preferred.
-
Experience with Fannie Mae and/or Freddie Mac Multifamily loan programs is considered a plus, but not required.
-
Knowledge of financial statement analysis, general accounting, cash flows, and mortgage interest calculations.
-
Knowledge of real estate finance and/or investment real estate, including multifamily, retail, and office.
-
Highly analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining complex work processes.
-
Results-driven achiever with exemplary planning and organizational skills, along with a high degree of attention to detail.
-
Exceptional listener and communicator who effectively conveys information verbally and in writing.
-
Resourceful team player who excels at building trusting relationships with clients and colleagues.
-
Applicable knowledge of Microsoft Office suite.
ORIX USA is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.
