Senior Underwriter

Job Description

Responsibilities

Monitor the collection and due diligence materials as well as approval of due diligence materials reviewed by underwriting staff.
Serve as the primary point of contact for clients and serve as the point of contact on credit and underwriting issues with the Agency, when necessary.
Responsible for training team members.
Complete review, analysis, and approval of due diligence materials related to loan submissions.
Review and provide commentary on third party reports.
Finalize the underwriting narrative and model and/or provide direction to underwriting staff.
Ensure on-going communication on all aspects of the loan process with key stakeholders.
Conduct site visits independently.
Actively collaborate across the Underwriting team on portfolios or larger underwriting efforts.
Proactively collaborate with Agency partners as necessary throughout the transaction.
Present to Investment/Loan Committee when necessary.
Research and analyze markets/submarket trends and fundamentals.
Management and mentorship of team analysts.

Qualifications

Bachelor’s Degree and 8 or more years of experience in commercial underwriting experience
Ability to take ownership for loan transactions and manage workload with minimal supervision
Thorough product knowledge of Agency financing (specifically Fannie Mae and/or Freddie Mac experience) and general multifamily financing alternatives
Proficient in analysis of Mortgage Credit and Borrower structures
Experience mentoring and training junior team members
Excellent verbal and written communication skills
Strong attention to detail
Proven management capability
Excellent critical thinking and decision-making skills

Preferred Qualifications

Excellent critical thinking and decision-making skills PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

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About Company

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can!

With $207.9 billion in gross assets under management and administration ($133.8 billion net),1 PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum. PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. ( NYSE: PRU ). PGIM Real Estate’s risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing,2 and the local experience of professionals in 32 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthe