Senior Commercial Underwriter
Cantor FitzgeraldAbout the role
Newmark is seeking a Senior Commercial Underwriter who will be responsible for underwriting complex commercial real estate transactions, assessing and mitigating title risk, and supporting successful closings across a national portfolio.
Independently underwrite complex national commercial real estate transactions, including acquisitions, refinances, construction loans, portfolio transactions, and multi-site deals
Analyze title searches, commitments, surveys, legal descriptions, organizational documents, and transaction structures to assess and mitigate risk
Issue title commitments and proformas with endorsements in compliance with underwriting guidelines and state-specific regulations
Identify title defects, curative requirements, and risk issues, and develop practical solutions to facilitate timely closings
Communicate closely with assigned commercial escrow officers on each transaction to prepare needs lists for closings
Provide underwriting guidance and support to commercial escrow officers
Assist in resolving underwriting objections raised by lenders, borrowers, and counsel
Support claims avoidance efforts through thorough risk analysis and documentation
Participate in training and mentoring of junior underwriters and operations staff
Communicate with all parties on commercial transactions, take client phone calls, and participate in deal specific conference calls
Qualifications:
- Education: Associate’s or Bachelor’s degree preferred; equivalent experience accepted.
- Experience:
- Minimum 5 years in escrow, mortgage closing, or post-closing operations.
- At least 2 years in a supervisory or leadership role.
- Skills:
- Strong knowledge of escrow procedures, title insurance, and post-closing documentation.
- Excellent attention to detail and problem-solving abilities.
- Strong organizational and multitasking skills.
- Proficient in escrow or loan origination systems (e.g., SoftPro, Encompass, ResWare).
- Effective written and verbal communication skills.
- Leadership, team-building, and conflict resolution skills.
Benefits and Perks:
- Industry leading Parental Leave Policy (up to 16 weeks)
- Generous healthcare
- Bright Horizons back-up care program
- Generous paid time off
- Education reimbursement
- Referral Program
- Opportunities to network and connect within the industry
WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements
NOTE: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
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