VP/Director, Underwriting, Real Estate Finance (Chevy Chase, MD)

About the position

The VP/Director, Underwriting, Real Estate Finance, underwrites and executes all new loan opportunities within a high-volume lending environment. This position screens, underwrites, and structures new loan opportunities, creates credit memos, manages the loan closing process, and works with asset management on portfolio post-closing.

Responsibilities

• Assist in all aspects of origination activity leading to the closing of new transactions
• Evaluate financing requests to determine credit quality of opportunities and appropriate loan structures
• Conduct diligence and underwriting on new loan opportunities, ensuring that the loan/facility meets the Bank's credit policy/guideline
• Ensure business terms and structure are accurately captured in loan structure and documentation
• Identify specific merits, risks, and mitigates for each transaction
• Ensure loan documentation and credit files are timely updated and maintained in the Bank's internal document retention system
• Facilitate loan closings ensuring that legal documentation, 3rd parties/due diligence, and internal processing requirements are completed
• Work directly with the prospective borrower to gather information and diligence materials
• Maintain detailed financial models and develop sensitivity analyses
• Perform market, industry, and sponsor due diligence
• Collaborate with Portfolio Management on modifications, extensions, risk ratings, and other asset management issues
• Perform other duties as assigned

Requirements

• Bachelor's Degree required
• 7+ years of experience in underwriting and managing credit risk within Commercial Real Estate and/or Lending required
• Highly motivated business professional, able to thrive in small-team environment
• Extensive knowledge of Excel, Argus, CoStar, and REIS
• Strong oral and written communication skills
• Outstanding organizational, problem-solving, and time management skills

Benefits

• Comprehensive health, dental, and vision plans
• 4 weeks PTO
• 401k + company match
• Metro SmartTrip benefits ($50/mo)
• Remote or hybrid work schedules for most positions
• Bonuses for purchasing solar panels, electric vehicles, biking to work, etc.
• Paid subscriptions to Veterans Compost, Imperfect Foods, and more!
• Best Workplaces for Commuters 2023 & 2024 winner
• The Washington Post Top Workplaces 2023 & 2024 winner
• American Banker Best Banks to Work For 2023 winner