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Vice President of Underwriting

Company: Greystone And Company Inc
Location: New York
Posted on: May 16, 2022

Job Description:

If you are a job seeker with a disability and require a reasonable accommodation to apply for one of our jobs, you will find the contact information to request the appropriate accommodation by visiting the following page: New York Ofc - W 57
152 West 57th Street
60th Floor
New York, NY 10019, USA
New York Ofc - W 57
152 West 57th Street
60th Floor
New York, NY 10019, USA
Greystone and Co., Inc. and its affiliates are a financial services and private investment group and one of the nation's leading providers of commercial mortgage loans, including multifamily and healthcare properties. We offer a comprehensive line of real estate finance products for our clients. Greystone seeks leaders and team players, candidates who can work in a collaborative environment and possess drive, integrity, creativity, compassion, and a strong work ethic.Greystone Commercial Mortgage Capital ("GCMC") is seeking a Vice President of Underwriting to support the origination efforts of a fast-growing, dynamic, and highly productive team. This individual will have 8 to 10 years of relevant commercial and multifamily mortgage underwriting experience across multiple capital sources and property types with a particular emphasis on CMBS conduit loans. As member of the GCMC team, the incumbent will be responsible for the end-to-end underwriting processes from sizing to closing, including all due diligence efforts, third party review, and assistance in preparation of credit memoranda and asset summary reports. Primary Duties and Responsibilities:

  • The individual will work with senior management to maintain best in class commercial mortgage credit policies, procedures, and processes
  • Analyze, underwrite complex multifamily and commercial real estate transactions in compliance GCMC underwriting guidelines
  • Conduct detailed economic and demographic research to determine feasibility of transactions
  • Develop and maintain strong relationships with Greystone origination, capital markets, transactions, legal, servicing, and closing departments
  • Develop financial models to effectively and efficiently analyze transactions, including stress scenarios and projecting future cash flows
  • Stay current on fundamental and regulatory issues affecting CRE to identify potential opportunities and risks associated with specific loans
  • Conduct comprehensive inspections of physical real estate assets on an as needed basis
  • Train and mentor junior underwriting professionals Skills and Attributes Required:
    • Expert level credit and financial analysis skills
    • Highly developed analytical, research and written/oral presentation skills
    • Understanding of complex deal structures and corresponding loan documentation, including senior/subordinate loans and securitizations
    • Ability to problem-solve and exercise independent judgement while displaying a high degree of initiative, accuracy, and integrity
    • Demonstrated ability to organize and prioritize projects, complete multiple tasks on schedule
    • Ability to work independently and manage underwriting professionals
    • Proficiency in Microsoft Office, especially in Excel and Word, as well as web-based applications including Argus
    • Strong work ethic
    • Proactive team player, able to work effectively under sometimes stressful conditions
    • Ability to travel as necessaryAt Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit.Your full LinkedIn profile
      will be shared. Learn More

Keywords: Greystone And Company Inc, New York , Vice President of Underwriting, Executive , New York, New York

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