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Job Description

Dollar Bank is hiring for a Commercial Real Estate Underwriter. In this role, you will be primarily responsible for analyzing and preparing credit proposals for new and existing commercial real estate relationships. This will also include monitoring the borrower's financial performance to assist in the risk rating process. In addition, you will assist in the preparation of monthly reports and perform ongoing portfolio analysis. This position is hybrid, requiring in office hours.

Qualifications:

• Bachelor's degree required. Will consider professional experience in lieu of education. Degree in accounting, finance, or economics strongly preferred.
• Three (3) years of experience in analysis/underwriting of commercial real estate loans/transactions required.
• Excellent oral and written communication skills in addition to strong analytical, problem solving and organizational skills.
• Ability to work on multiple projects simultaneously, independently and achieve required objectives with limited supervision.
• Experience with real estate software a plus.
• Experience in an appraisal related field a plus.
• PA Real Estate License a plus.

Principal Activities and Duties:

• Perform underwriting of new and existing commercial real estate loans to assess the financial condition, repayment capacity and risks associated with the transaction. To include analysis of real estate cash flow, global cash flows, personal cash flow and personal financial statements.
• Review and analyze loan documents, leases, sales agreements, appraisals and other related materials. Effectively communicate results of the underwriting in a written loan presentation for review by lenders and senior management.
• Assure all analysis and underwriting conforms to credit policy, banking regulations and commercial real estate underwriting policies.
• Research data to obtain information regarding current and projected status of certain industries, borrowers and market trends to assist in determining its impact on both the real estate and banking industry.
• Assist the lenders in the drafting/preparation of application letters.
• Prepare monthly credit and portfolio loan reports.
• Perform additional assignments as requested.
• All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing, and monitoring the risk they encounter daily as required by Dollar Bank's risk management program. Compliance with regulatory laws and company procedures is a required component of all position descriptions.