Analyst, Portfolio Retention
8 months ago
Employment Information
The Portfolio Retention Analyst will complete full analysis with recommendation for maturing loans requiring refinance from both the ACM and ART portfolio. In addition, the analyst will be required to provide screening recommendation for assumptions and supplemental loans within the ACM portfolio. Further, the analyst will be required to process and assist the Portfolio Retention underwriter in the underwriting of any assumption, supplemental or new originations assigned to the underwriting team.
The Analyst will have the following duties and responsibilities, including but not limited to:
Screening:
- Collect, review, and analyze financial exhibits & market data for debt structure modeling in Excel
- Conduct preliminary credit reviews
- Conduct due diligence of the borrower
- Complete market research through third party information sources
- Coordinate with the originator and the underwriting department in the processing of the applications.
Processing:
- Collect, package, review and reconcile loan application documents including financial/credit exhibits under various underwriting programs
- Order and perform the preliminary review of all third party reports (appraisal, inspection and environmental) for compliance with guidelines
- Analyze, interpret and underwrite complex multifamily real estate transactions in compliance with respective agency guidelines (Fannie Mae)
- Conduct detailed economic and demographic research to determine feasibility of transactions
- Assist the underwriter in Preparing and presenting comprehensive loan approval package to credit committee
- Conduct inspections of physical real-estate assets
Education: Bachelor’s degree in Finance, Economics or a related discipline and have a familiarity with the terms and concepts of real estate finance.
Experience: Minimum of one to three years’ experience in a real estate related field or mortgage banking/finance. Recent graduates with a Masters in Real Estate or related discipline without hands on real estate experience will be considered. Previous multifamily loan processing, analysis and/or underwriting experience are a plus
Knowledge/Skills/Abilities:
- Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy
- Demonstrated ability to organize & prioritize projects; complete multiple tasks on schedule
- Hard working, a quick study, detail oriented and have the ability to work alone as well as with others to reach a common goal
- Proficient in Microsoft Office, especially in Excel and Word
- Strong work ethic and pro-active team player able to work effectively in a fast-paced environment
- Possess excellent analytical, communication, organizational and multi-tasking skills
- Must be able to mentor and train junior staff
Travel: Up to 20%
We are proud to be an equal opportunity employer and are committed to maintaining a diverse workforce and an inclusive work environment for our associates, customers and business partners. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability, ethnicity, pregnancy or any other legally protected status. We are committed to working with and providing reasonable accommodations to individuals with disabilities.
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