Director

 

We are seeking a Production Associate with 3-5 years of commercial real estate experience with a focus on Fannie Mae/Freddie Mac multifamily Production or Underwriting experience considered a plus. The Production Associate's primary responsibility will be to provide day-to-day financial, market and underwriting analysis of multifamily loans for properties including Section 8 and tax credit, and to manage a pipeline of in process and prospective loans. This position affords the opportunity to work as part of an origination team on the sourcing, structuring and underwriting of transactions.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Analyze, interpret and present complex multifamily real estate transactions, in compliance with respective lender guidelines
• Assist with the assembly of the required reporting for the Origination team – portfolio retention and new generation as needed
• Conduct detailed economic and demographic research to determine feasibility of transactions
• Develop and maintain strong relationships with underwriting, closing and asset management, as well as external agency investors and lending partners
• Communicate with clients regarding various loan programs, determine optimal structures, and present applicable terms to generate business.

 

CORE COMPETENCIES:

• Highly developed analytical, research and written oral presentation skills
• Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy
• Demonstrated ability to organize & prioritize projects; complete multiple tasks on schedule
• Ability to work productively under minimal supervision
• Must be proficient In Microsoft Office suite of applications including Word, Excel and PowerPoint
• Strong work ethic and pro-active team player able to work effectively under sometimes stressful conditions

 

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.

 SKILLS, EDUCATION AND EXPERIENCE:

• High School Diploma
• Strong problem-solving skills and the ability to proactively find solutions.
• Excellent time management skills
• Research skills.
• Strong communication skills
• Excellent analysis and writing skills.

Benefits/perks listed may vary depending on the nature of your employment with Newmark and the job location.

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.

Skills, Education and Experience:

• B.S./B.A. degree in Accounting, Finance, Economics, Real Estate or other related fields preferred.
• 1+ years of experience underwriting or structuring loans (Section 8, Tax Credit) preferred
• 2-3 years of direct Fannie Mae/Freddie Mac underwriting experience with large loans ($10M average loan size)
• Highly developed analytical, research and written/oral presentation skills.
• Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy.
• Demonstrated ability to organize & prioritize projects, complete multiple tasks on schedule.
• Ability to work productively under minimal supervision.
• Proficiency in Microsoft Office, especially in EXCEL and Word
• Strong work ethic
• Proactive team player, able to work effectively under sometimes stressful conditions • Ability to travel a minimum of 10-20%

 

Skills

• Microsoft Office
• Finance
• Real Estate
• Commercial Real Estate
• Presentation Skills
• Analytical Skills
• Commercial Underwriting
• Freddie Mac
• Public Speaking