Commercial Underwriting Analyst I
Core
Analyze commercial real estate lending opportunities and assist in the underwriting process for bridge, construction, and value-add transactions.
Role type
Commercial Underwriting Analyst
Builds
Credit approval memorandums and underwriting presentations for management and loan committee review
Domain
Commercial Banking / Real Estate Finance
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
Financial statement analysis, Cash flow evaluation, Debt service coverage calculation, Leverage assessment, Liquidity analysis, Net worth evaluation, Appraisal review, Environmental assessment review, Engineering report review, Market study analysis, Property performance analysis, Occupancy trend analysis, Lease structure analysis, Collateral quality assessment, Industry research, Market research, Sponsor research, Credit policy compliance, Regulatory requirement compliance, Due diligence support, Documentation coordination, Portfolio monitoring, Covenant tracking, Annual review support, Borrower relationship management, Underwriting model maintenance, Database management, Reporting tool usage
Preferred skills
Commercial real estate fundamentals, Valuation concepts, Real estate lending principles, Financial modeling, Basic accounting principles
Technologies
Microsoft Excel, Microsoft Word, Microsoft PowerPoint
Responsibilities
Assist in underwriting commercial real estate loans by analyzing borrower, guarantor, and property-level financial information; Spread and analyze financial statements, tax returns, rent rolls, operating statements, and borrowing base reports; Evaluate cash flow, debt service coverage, leverage, liquidity, net worth, and other key credit metrics; Review third-party reports including appraisals, environmental assessments, engineering reports, and market studies; Analyze property performance, occupancy trends, lease structures, market conditions, and collateral quality; Conduct industry, market, and sponsor research to identify risks and support credit recommendations; Ensure underwriting packages comply with bank credit policies, underwriting guidelines, and regulatory requirements; Support due diligence efforts and coordinate documentation requests with internal and external stakeholders; Participate in portfolio monitoring activities, covenant tracking, annual reviews, and borrower relationship management; Maintain underwriting models, databases, and reporting tools used for credit analysis and portfolio management; Collaborate with Relationship Managers, Portfolio Managers, and Credit Officers throughout the underwriting and approval process.
Seniority
Entry-level (0-2 years experience)
