Underwriting Analyst (Commercial Real Estate)

Berkadia is a leading mortgage banking platform that excels in commercial real estate. The Underwriting Analyst PLG is responsible for analyzing credit risk for multifamily and commercial deals, conducting due diligence, and collaborating with various stakeholders to finalize financing. Responsibilities - Complete or send due diligence materials to GPO to populate the PLG templates and respond to inquiries from the MBs or GPOs - Analyze and review borrower credit information, third-party reports, and property financial and physical data to assess deal viability - Conduct site inspections to evaluate the market competitiveness of proposed collateral and determine the economic feasibility of projected income streams - Prepare underwriting narratives and independent cash flow value estimates for large, complex transactions, including multifamily, office, retail, and construction loans - Present recommendations and key documentation (term sheets, applications, commitments, credit memos, etc.) to the Senior Underwriters and appropriate approval committees - Maintain consistent communication with the company's Senior Directors and, as requested, with the mortgage banking network, managing borrower clients through the approval and closing processes - Collaborate with loan officers, loan closers, and legal counsel to advance loan requests through approval and closing, as directed by the Senior Directors/SVPs Credit - Conduct and participate in customer meetings, site inspections, and conference calls as directed by the Senior Directors/SVPs Credit - Possess detailed knowledge of CRE and multifamily underwriting, including cash flow forecasting and experience in reviewing and approving engineering and environmental reports, zoning reports, and appraisals - Other duties as assigned Skills - Strong written and verbal communication skills - Ability to work effectively in a team and adapt to a rapidly changing environment - Ability to maintain confidentiality and adhere to organizational policies and procedures - Strong attention to detail, accuracy, and consistency - Advanced technical skills in Microsoft Office Suite, with experience in Salesforce and SharePoint - 0-3 years of experience in a similar position or internship - Possess detailed knowledge of CRE and multifamily underwriting, including cash flow forecasting and experience in reviewing and approving engineering and environmental reports, zoning reports, and appraisals - Bachelor's degree in Real Estate/Finance Preferred Benefits - Monthly paid volunteer hours and donation matching to benefit our communities - Employee Resource Groups that help you grow with us - Fertility and family planning services - Up to 12-weeks of fully paid parental leave - Mental health care, including free counseling sessions - We'll help you fund your learning journey with generous tuition reimbursement - Pet insurance discounts - And more! Company Overview - Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. It was founded in 2009, and is headquartered in New York, New York, USA, with a workforce of 1001-5000 employees. Its website is https://www.berkadia.com/.