Analyst, Underwriting Small Balance Loans

Lument is a company focused on underwriting multifamily and commercial mortgage financing programs. The Analyst, Underwriting – SBL is responsible for processing and analytical duties to support the underwriting process, requiring strong attention to detail and effective communication skills.

Responsibilities

• Assists the Underwriter during the loan underwriting process by requesting, collecting, managing required documentation:
• Prepare, distribute, and maintain Due Diligence Checklists and Application Workbooks, updating regularly to meet target underwriting dates
• Collect, review, and advise the underwriting team regarding receipt and status of all underwriting documentation
• Establish and maintain loan files
• Retain and organize loan documentation in appropriate electronic data storage folders
• Order and obtain professional reports and verifications from external parties
• Inputs and analyzes data:
• Verify and update property operating information in the underwriting analysis workbook
• Upon receipt of borrower/sponsor financial statements, SREO, Underwriting Certificates, credit reports, and investor database credit checks:
• Review and notify Underwriter of any material issues
• Transfer data from reports to underwriting analysis workbook and narrative
• Upon receipt of professional reports (e.g. appraisal, engineering, environmental assessment, seismic analysis, zoning, and market reports), transfer data into underwriting analysis workbook and narrative
• Assists the Underwriter in the preparation and submission of loan committee presentations, including drafting sections of the underwriting narrative as assigned and preparing exhibits
• Assists with assembling loan package and delivering to Investors after closing
• Processes invoices for payment and prepares final accounting
• Work professional and harmoniously with team and coworkers
• Other projects and duties as assigned

Skills

• Bachelor's degree in Finance, Accounting, Real Estate, or Business Administration preferred
• One to three years of commercial real estate experience required; multifamily strongly preferred
• Knowledge of financial statement analysis, general accounting, cash flows, and mortgage interest calculations
• Knowledge of real estate finance and/or investment real estate, including multifamily, retail, and office
• Highly analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining complex work processes
• Results-driven achiever with exemplary planning and organizational skills, along with a high degree of attention to detail
• Exceptional listener and communicator who effectively conveys information verbally and in writing
• Resourceful team player who excels at building trusting relationships with clients and colleagues
• Applicable knowledge of Microsoft Office suite
• Experience with Fannie Mae and/or Freddie Mac Multifamily loan programs is considered a plus, but not required

Benefits

• Cash bonuses
• Long term incentives
• Health insurance
• Accident and life insurance
• Retirement benefits
• Competitive vacation policy
• Floating personal holidays
• Extensive leave options
• Annual observed holidays
• Infertility coverage
• Adoption support
• Child and elder care
• Fully paid maternity
• Generous parental leave benefits
• Hybrid working model with a 3 day in-office minimum requirement

Company Overview

Company H1B Sponsorship