Senior Underwriter

ORIX USA and our family of companies offer investment capital and asset management services to portfolio companies in the corporate, real estate, municipal finance and energy sectors.

The candidate will underwrite Freddie Mac and Fannie Mae multifamily loan applications within the Small Balance Loan Division of Red Capital Group. Specifically, the candidate will: i) have primary responsibility for the underwriting and submissions and credit recommendations; and ii) prepare credit request presentations for Freddie Mac and Fannie Mae, loan committee and corporate credit committee and participate in the approval process for all loan applications.

* Possess and apply a thorough knowledge of Red Capital Group programs and requirements, and specifically Red Capital Group policies and procedures * Primary responsibility for transactions assigned; keep transaction team informed of project specific progress and issues on a proactive basis to facilitate smooth executions * Ensure programmatic requirements are met for each loan application (Freddie Mac and Fannie Mae, as applicable) and any deviation is clearly documented and approved by all required parties * Complete site visits on transactions assigned (travel required) * Conduct weekly deal team meetings on each assigned transaction; communicate clearly with borrowers, originators, counsel, and others involved in financing * Review all due diligence material provided for transaction; quickly and accurately analyze and underwrite such data and identify key underwriting issues and potential transaction risks * Critically review, evaluate, and approval all third party reports * Analyze, explain and document mortgage secured transactions through the Credit Committee packages for Freddie Mac and Fannie Mae * Analyze the creditworthiness of the sponsorship and the real estate and provide concise risks and mitigants/recommendations to Loan Committee * Work diligently to control the quality of loans underwritten, provide thoughtful, critical underwriting, and to assure that such underwriting is properly documented * Identify and prepare all program exceptions/waivers and other documentation for Freddie Mac/Fannie Mae or other mortgage and finance programs, as required * Ensure final underwriting is documented accurately and files are complete, accurate, and comply with Red Capital Group’s loan file policy

* Bachelor’s degree required with Finance or Accounting concentration a preferred; OR at least 5 years’ previous work experience with analyzing/ underwriting loans in a commercial real estate lending environment * If degreed, at least 4 years previous experience in analyzing/underwriting real estate loans required