Job Description:
As a part of CMBS underwriting team, you will work with U.S. and India teams supporting
clients in analyzing the real estate collateral securing a proposed loan, the surrounding
market/sub-market and demographic area as well as the financial strength and experience of
the borrower/guarantor. You will be responsible for making credit worthy decisions on
complex commercial real estate transactions to determine acceptability of risk in accordance
with the client's guidelines and standards.
As an experienced underwriter you will be performing below mentioned roles/responsibilities
• Evaluating all financial statements, identifying recurring and non-recurring income/expenses,
differentiating between capital expenditure and operating expenses, and understanding cash
and accrual methodologies
- Analyzing rent rolls
- Abstracting and understanding of commercial lease documents
- Evaluating reimbursement structures
- Reviewing and analyzing borrower/sponsor searches
- Reviewing and analyzing tenant searches
- Reviewing third party appraisal, engineering and environmental reports
- Writing and reviewing all aspects of the credit memorandum and/or asset summary report
- Applying a critical eye at each phase of the process and reporting any anomalies to the US
counterpart
- Help train junior staff in two offices across countries and time zones
- Managing deadlines, multi-tasking and maintaining high production and quality standard.
The successful candidate will have the following qualifications:
- Undergraduate degree and preferably a Master's degree in business with a finance or
accounting concentration.
- 1-5 years of hands-on commercial real estate experience or capital markets debt underwriting experience
- Strong interpersonal skills and be able to communicate effectively
- Ability to write in a concise and clear manner to convey complex information
- Must be self-motivated and able to work in teams and individually
- Strong EXCEL skills along with proficiency in MS-Word and other Microsoft Office tools.
- Understanding of various third party underwriting systems e.g. Closer/Rockport/Backshop or proprietary underwriting systems is a plus.
- Working knowledge of Argus or VAL is desirable.
- Strong quantitative and analytical skills
