Director, Sr. UW

Essential Duties and Responsibilities:

•  Analyze, interpret, and underwrite complex multifamily real estate transactions in compliance with respective agency guidelines (Fannie Mae and Freddie Mac) 
• Conduct detailed economic and demographic research to determine feasibility of transactions 
• Prepare and present comprehensive loan approval package to credit committee 
• Develop and maintain strong relationships with origination and closing departments and external agency investors 
• Conduct comprehensive inspections of physical real-estate assets on an as-needed basis 

Core Competencies: 

• Highly developed analytical, research and written/oral presentation skills 
• 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 
• Ability to work productively under minimal supervision 
• Proficiency in Microsoft Office, especially in EXCEL and Word 
• Strong work ethic 
• Proactive team player, able to work effectively under sometimes stressful conditions. 

Qualifications:

• Bachelor’s degree in accounting, Finance, Economics, Real Estate, or other related fields.
• 5 years commercial underwriting experience preferred.
• Prior DUS underwriting experience with extensive familiarity of Fannie Mae and Freddie Mac Multifamily Guides.
• Able to travel a minimum of 10-20%.

Salary Range Language

The expected base salary for this position ranges from $180,000 to $220,000 annually.  The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held.  In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements.

NOTE: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.