Associate, CRE Underwriter
- Location
- Fort Lee, NJ
- Work type
- Full Time
- Posted
- 2026-07-20
Job description
Responsibilities:
Support the CRE and Construction teams with underwriting new transactions
Gather and analyze relevant information for loan requests, including the review of property details, property financial statements, client data and other pertinent data to determine overall credit worthiness
Assess credit risk, establish viability of sources of repayment, and determine appropriate loan structures
Manage third party engagements and order necessary searches to complete the underwriting process
Prepare credit memos and present loans for approval, with recommendations consistent with bank policy
Maintain current knowledge of internal policies, as well economic, financial, political and legislative trends to determine possible impacts on commercial lending
Perform other duties as assigned
Minimum Qualifications:
3+ years of relevant CRE and construction underwriting experience
Excellent analytical, organizational, written and verbal communication skills
Demonstrated ability to manage and prioritize multiple tasks under tight time constraints
Knowledge of commercial lending trends, competition, regulations, and banking compliance policies and procedures
Proficiency with Microsoft Office products, especially, MS Excel
Education:
Bachelor’s degree in Real Estate, Finance, Business, Accounting, Economics, or a related field preferred