Commercial Real Estate Underwriter
- A leading
- 1 - 3 years
- Chennai
- 2 months ago
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Job Description
Job Title : Commercial Real Estate Underwriter
Location State : Tamil Nadu
Location City : Chennai
Experience Required : 1 to 3 Year(s)
CTC Range : 3 to 6 LPA
Shift: Rotational
Work Mode: Onsite
Position Type: Permanent
Openings: 10
Company Name: VARITE INDIA PRIVATE LIMITED
About The Client: Client is a leading global professional services company that helps the worlds leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services.
About The Job:
- Strong domain expertise in commercial real estate (CRE), Loan Underwriting, Loan/Lease Abstraction, Loan Setup, Operating Statements, Rent Rolls, Equity & Debt Financing, property valuation models through Discounted Cash Flow analysis.
- Support the team working for CRE mortgage lenders and investors engaged in loan underwriting and acquisition/disposition or asset management.
- Review market performance and borrower creditworthiness to arrive at potential strengths and risks/mitigants for loans underwritten
- Perform Review and provide feedback to team members
- Good communication skills
- Understand Client emails
- Analyse complex deals and provide guidance to team members
Essential Job Functions:
- Good written and oral communication skills
- Clearly communicate and interpret financial data like Loan Terms, Rent Rolls, Operating statements etc.
- Interpretation of complex Commercial, Office and Retail Loan documents
- Review of Underwriting templates, Loan/Lease abstracts, Loan set-up, Equity & Debt Financing.
- Thorough knowledge/experience in analyzing Budget data including various expense line items pertaining to the different types of Properties, Rent Roll Summary, Underwriting and Re-Underwriting, Loan Terms etc.
- Ability to work on multiple projects and work under tight timelines.
Qualifications:
Educational Qualifications
B.Com, BBA, MBA
Working Conditions
- Willing to work in flexible shifts including night shifts
- Work from Office
How to Apply: Interested candidates are invited to submit their resume using the apply online button on this job post.
Equal Opportunity Employer: VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status.
Unlock Rewards: Refer Candidates and Earn.
If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE.
Exp Req - Referral Bonus
0 - 2 Yrs. - INR 5,000
2 - 6 Yrs. - INR 7,500
6 + Yrs. - INR 10,000
About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: Finance & AccountingRole Category: Finance & Accounting - OtherRole: Finance & Accounting - OtherEmployement Type: Full timeContact Details:
Company: Client a leadingLocation(s): Chennai
Keyskills: Commercial Real Estate preliminary loan Commercial Underwriting Commercial Lending Loan Underwriting Pre Screening Real Estate Rent Roll
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