Deputy Chief Underwriter

ARBOR

(New York, New York)
Full Time Travel Required
Job Posting Details
About ARBOR
Arbor Commercial Mortgage is a national direct lender that provides debt capital for the multifamily and commercial real estate industries. We have extensive experience in mortgage origination and servicing and have built a reputation for service, quality and flexibility. Arbor's seasoned management team specializes in debt and financing for multifamily, office, retail, hotel and various other commercial real estate properties.
Summary
Arbor Commercial Mortgage, a national commercial real estate finance company, has a career opportunity which can be located at its New York City, or Boston, MA office for a Deputy Chief Underwriter. The Deputy Chief Underwriter is responsible for the agency underwriting process. Responsibilities include providing credit risk analysis for loan origination and structuring staff to support multi-family transaction volume in accordance with Fannie Mae and Freddie Mac guidelines. This includes individual case review, training underwriters and originators on the accurate interpretation of the product requirements for the various agencies lending programs, and maintaining a positive working relationship with the regional offices within Arbor and outside agencies.
Responsibilities
* Managing the due diligence/underwriting process, establishing policies and practices as it relates to the multi-family program, managing a nationwide staff of Underwriters supporting the origination team and enforcing agency program requirements. * Providing staff training for underwriters and originators on new various programs, ensuring the quality of submissions of loans to multi-family, assigning new transactions to underwriters and establishing work priorities. * Developing, implementing, and monitoring quality control standards for multi-family loan processing, serving as a liaison with the various regional offices and supervising the hiring of Underwriters for the entire Underwriting department.
Ideal Candidate
**Education:** * Bachelor’s degree; Finance, Real Estate or related preferred. Masters a plus. **Experience:** * 10+ years’ experience underwriting and processing agency loans with a minimum of four years’ experience in a Senior Underwriting position. **Knowledge/Skills/Abilities:** * Thorough understanding of underwriting for multi-family refinance/acquisition programs. * Proficiency with Excel and Word. * Strong analytical, organizational, communication and multi-tasking skills are necessary.
Compensation and Working Conditions

Working Conditions

Travel: Up to 20%

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