PGIM Director

Responsibilities

• Provide support to origination staff on Agency requirements and deal structuring; initial point of contact for origination staff for Agency transactions.
• Primary liaison between PGIM and Agency production and credit staff with input, as necessary from PGIM ’s Chief and/or Deputy Chief Underwriter on unique deal structures and/or underwriting exceptions.
• Size, Structure and Price individual transactions for origination staff to win new business.
• Prepare, review and submit quality quote requests to Agencies within 24 – 48 hours of screening, with support from assigned Analysts.
• Assess issues and provide intelligent risk-based solutions aligned with PGIM and Agency program requirements and guidelines.
• Coordinate between origination and Credit/Chief Underwriter when structuring issues arise at origination.
• Provide full and timely disclosure of known transaction risks to ensure open communication among all team members during initial screening process.
• Review Agency response letters for accuracy.
• Prepare Loan Applications for signature and negotiate approved changes in coordination with legal.
• Responsible for handoff from Origination to Underwriting.
• Manage analytical staff assignments to assure timing expectations met and accuracy of information.
• Mentor of Deal Manager/Origination Associates and Analysts, as appropriate.
• Other projects and initiatives assigned.

Qualifications

• Very strong product knowledge of Agency financing with structuring and underwriting knowledge across all property types (affordable, structured, seniors, MHC, multifamily, etc.).
• Excellent interpersonal skills, with a proven working relationship with Agencies.
• Strong technical underwriting/analytical skills, along with a strong sense of urgency and attention to detail.
• Critical thinking skills are essential, with the ability to make timely decisions, when appropriate.
• Excellent time management skills; ability to manage and prioritize multiple tasks and transactions.
• A leader and team player, candidate must work well in a multi-functional collaborative environment and demonstrate a strong work ethic and commitment to customer service.
• Strong verbal and written skills are essential.
• Ability to manage workflow of multiple transactions and individuals.
• Management capabilities; ability to train, mentor and motivate team members.
• Ability to travel as needed.

Preferred Qualifications

• 8 or more years of experience in multifamily underwriting, structuring and/or pricing transactions preferred.
• Participation in industry groups and/or committees when required.

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