Walker and Dunlop, a Commercial Real Estate Finance company, are looking to hire underwriting analysts for 2021. This is an entry level position in the Underwriting department. The primary role of this individual will be as a junior member of the Underwriting Team which consists of an Underwriter and Analyst. Complete your applications by October 13. Virtual interviews will be conducted on Oct 23, 2020.
What you will be doing:
Ready to bring your whole self to work every day? At Walker & Dunlop, we didn’t get to where we are by hiring ordinary individuals. We got here by hiring the exceptional! WD is looking for individuals who are caring, collaborative, driven, insightful, and tenacious to join our team!
If you are looking for an entry level position in Underwriting, the below opportunity may be for you.
- Underwrite and perform due diligence for multifamily housing products and transactions.
- Input income and expense statements in order to determine maximum loan amounts.
- Conduct initial reviews of market areas, property and site characteristics.
- Complete initial review of borrower and management qualifications.
- Learn methodology for building up Proforma income and expenses.
- Understand Part III of the DUS Guide and periodic updates on an on-going basis in order to cultivate continuous improvement.
- Conduct site visits to assess the condition and quality of multifamily projects, their management, and their marketplaces.
- Order and review third-party Appraisals, Engineering Reports, Seismic Reports, Phase I Environmental Assessments and Operations and
- Maintenance (O & M) Reports.
- Maintain organized and fully documented Underwriting Files and maintain database on specific deals.
- Assist in the crafting of the DUS Narratives for submission to Chief
- Demonstrate responsibility for ensuring that the underwriting team goals and initiatives are completed in a timely manner and needed resources are available to accomplish results.
- Work with Asset Management, Production, Closing and others as appropriate to closely monitor the performance and help develop and regularly refine benchmarks and metrics for evaluating the performance of the portfolio.
- Communicate and problem-solve daily with teammates, clients, vendors, and other stakeholders, often in combination with travel
- The education and experience we’re looking for:
- Bachelor’s degree (Business or Finance Degree preferred).
- Previous experience within the real estate industry is preferred.
- Able to demonstrate an understanding of the history and function of Fannie Mae, Fannie Mae DUS, and DUS Lenders.
- Able and willing to travel overnight up to 25%.
What skills you should have:
- A high level of computer proficiency in Microsoft Office (Word and Excel).
- Demonstrated analytical skills with the ability to evaluate data quickly, make decisions based on imperfect data, and take action in order to assist the Team in moving its transactions forward.
- Excellent interpersonal and presentation skills with strong work ethic to meet daily challenges of a fast-paced environment.
- Demonstrated ability to develop and execute solutions to complex issues and transactions.
- Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes
- Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders
Still reading? Then we think you should apply! Start date: June 7, 2021
