Commercial Loan Underwriter

We are seeking driven and analytical professionals to join our team as a Commercial Loan Underwriter, be part of a collaborative environment where you can grow your expertise in healthcare real estate finance and make a meaningful impact.

Job Description

We are seeking a Commercial Loan Underwriter to support its healthcare real estate lending team. This role focuses on evaluating and analyzing commercial real estate transactions while contributing to investment decisions and portfolio growth. You will play a key role in delivering capital solutions within a dynamic and collaborative environment.

Responsibilities

Loan underwriting for all commercial real estate asset classes, focus on healthcare assets
Assist with drafting of investment memoranda and presentations to various investment committees for approval, including investors, credit committee, and banking syndicate partners
Prescreening of potential transactions, and review of personal financial statements. Model metrics include loan sizing, loan structuring, calculating projected income, DSCR, global cash flow, and loan to value ratios
Assist in the preparation of term sheets and letters of intent to prospective borrowers
Develop financial models for the evaluation of bridge loan opportunities, reviewing potential healthcare transactions for the proper balance of feasibility and risk
Perform due diligence and the assist in the review of collateral, draft credit memo, loan documents, and other legal documents for working capital loans
Conduct background checking and KYC review (Know Your Customer) on all parties to the transaction including but not limited to the Sponsor, Operator, Management, Builders, Guarantors, etc.
Oversee the financial and operational due diligence process for healthcare and other commercial loan transactions including ordering and evaluating appraisals, market studies, project capital need assessments, environment studies, analysis of corporate and personal financial statements, third party credit reports for the project and its Principals, insurance policies and endorsements and any other document(s) needed as part of the underwriting process
Interface and resolve open issues with clients, outside attorneys, and other stakeholders involved in a particular transaction to obtain required documentation as part of the loan underwriting, review and closing process
Calculate and interpret investment returns (i.e.- IRR, NPV, ROI, ROE)
Analyze borrower provided operating and capital expense budgets to ensure that all operational information is captured in the financial model and reporting packages
Review and analyze historical and projected financial data and operational assumptions for feasibility and stress test scenarios. Heavy pro-forma analysis and budgetary financial review
Create financial and marketing presentations for general marketing purposes and distribute private placement offering materials to prospective financial investors and/or loan participants
Facilitate closing of loans including coordinating with title companies, banks, borrowers and investors
Compile and analyze market trends
Other ad hoc projects related to improving process efficiency, developing technology platforms, reporting tools, and internal analysis capability

Minimum Qualifications

Bachelor’s Degree
Highly proficient excel skills
Strong finance, credit, healthcare, legal, commercial real estate and/or business background
Established organizational skills and ability to simultaneously handle multiple projects
HUD “MAP” and/or “Lean” underwriter approval helpful
Extensive computer skills including Excel, Word and PowerPoint
Strong oral and written communication skills, advanced financial analytical proficiency, and solid interpersonal skills
A desire to learn and grow within the Commercial Real Estate Finance industry complimented by an inquisitive and proactive personality

Date Posted:

1 week ago

Location:

Remote

Title:

Commercial Loan Underwriter

Job Type:

Full-time

Category:

Non-Clinical

Account:

Voice and non-voice accounts

Shift:

Night Shift

Experience Level:

1-4 years’ related work experience as a Commercial Real Estate Financial Analyst or Commercial Loan Underwriter for healthcare loans