Underwriting Analyst
Phyton Talent Advisors - Iselin, NJ
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Our client, a Capital Provider, is seeking an Underwriting ***** Essential Job *****Analyze purchase contracts, rehab scope, ARV, exit strategies, and market trends for fix and flip projectsReview property appraisals, rental income, expenses, exit strategies, and global DSCR for investment dealsVerify applicant credentials, experience, and performance on previous construction projectsEvaluate preliminary plans, blueprints, specs, budgets, and timelines for construction loansIdentify risk factors including cost overruns, delays, absorption periods, and market changesUse financial modeling and sensitivity analysis to stress test deals and loan structuresProvide approval recommendations and structure terms including LTV's interest rates, and recourse conditionsDevelop relationships with brokers, borrowers, contractors, and real estate agentsStay current on regulatory compliance for bridge lending and DSCR productsManage and oversee overseas staff workflow, quality, and productivityBuild efficient processes and procedures to maximize overseas team output by working with CTOContinuously improve overseas operations through training, feedback, and iterationSkills and QualificationsBachelor's degree in finance, real estate, or economics preferred3+ years of experience in construction, fix and flip, or commercial real estate lendingStrong financial analysis skills and attention to detailAbility to accurately evaluate plans, budgets, timelines, and exit strategiesKnowledge of construction methodologies, investment analysis, and underwriting standardsProficiency in using spreadsheets, financial modeling, and risk analysisExcellent written and verbal communication abilitiesHigh credit analytical and risk assessment skills
Created: 2024-09-08