Analyst, Underwriting Small Balance Loans

Lument is a company focused on underwriting multifamily and commercial mortgage financing programs. The Analyst, Underwriting – SBL is responsible for processing and analytical duties to support the underwriting process, requiring strong attention to detail and effective communication skills. Responsibilities Assists the Underwriter during the loan underwriting process by requesting, collecting, managing required documentation: Prepare, distribute, and maintain Due Diligence Checklists and Application Workbooks, updating regularly to meet target underwriting dates Collect, review, and advise the underwriting team regarding receipt and status of all underwriting documentation Establish and maintain loan files Retain and organize loan documentation in appropriate electronic data storage folders Order and obtain professional reports and verifications from external parties Inputs and analyzes data: Verify and update property operating information in the underwriting analysis workbook Upon receipt of borrower/sponsor financial statements, SREO, Underwriting Certificates, credit reports, and investor database credit checks: Review and notify Underwriter of any material issues Transfer data from reports to underwriting analysis workbook and narrative Upon receipt of professional reports (e.g. appraisal, engineering, environmental assessment, seismic analysis, zoning, and market reports), transfer data into underwriting analysis workbook and narrative Assists the Underwriter in the preparation and submission of loan committee presentations, including drafting sections of the underwriting narrative as assigned and preparing exhibits Assists with assembling loan package and delivering to Investors after closing Processes invoices for payment and prepares final accounting Work professional and harmoniously with team and coworkers Other projects and duties as assigned Skills Bachelor's degree in Finance, Accounting, Real Estate, or Business Administration preferred One to three years of commercial real estate experience required; multifamily strongly preferred Knowledge of financial statement analysis, general accounting, cash flows, and mortgage interest calculations Knowledge of real estate finance and/or investment real estate, including multifamily, retail, and office Highly analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining complex work processes Results-driven achiever with exemplary planning and organizational skills, along with a high degree of attention to detail Exceptional listener and communicator who effectively conveys information verbally and in writing Resourceful team player who excels at building trusting relationships with clients and colleagues Applicable knowledge of Microsoft Office suite Experience with Fannie Mae and/or Freddie Mac Multifamily loan programs is considered a plus, but not required Benefits Cash bonuses Long term incentives Health insurance Accident and life insurance Retirement benefits Competitive vacation policy Floating personal holidays Extensive leave options Annual observed holidays Infertility coverage Adoption support Child and elder care Fully paid maternity Generous parental leave benefits Hybrid working model with a 3 day in-office minimum requirement Company Overview Lument offers custom capital solutions for investors in the multifamily, affordable housing, healthcare and commercial real estate sector. It was founded in 2012, and is headquartered in New York, New York, USA, with a workforce of 501-1000 employees. Its website is Company H1B Sponsorship Lument has a track record of offering H1B sponsorships, with 1 in 2022. Please note that this does not guarantee sponsorship for this specific role.