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VP – Underwriter (Fannie)

New York, United States of America

Be Part of the Next. Be Berkadia.

Berkadia is built on deep expertise, strong relationships, and a commitment to excellence across the commercial real estate industry. What sets us apart is our people. As a values-driven organization, we foster a culture where collaboration thrives, growth is encouraged, and employees are empowered to make an impact. Together, our people strengthen our business and help shape the future of Berkadia. Are you ready to be part of the next? Discover your next opportunity at Berkadia and apply today.

Position Summary 

The VP – Underwriter – Fannie Mae assists in both directing the Company’s underwriting function for a particular product and the development and implementation of underwriting techniques. Also, this position is responsible for analyzing and underwriting potential loans on complex commercial real estate loan applications across a broad spectrum of assets.   

 

Responsibilities  

Essential Duties (Primary Responsibilities) include the following.  

  • Analyze documentation submitted to make determination as to current and future income stream of proposed collateral. This includes, income and expense analysis, determination of market acceptability, and the borrowers’ credit history.  

  • Perform satisfactory analysis of special projects assigned by management.  

  • Issue Loan Commitments under the appropriate loan program as needed.  

  • Recommend and monitor policy and procedural changes when appropriate.  

  • Act as technical resource to branch personnel on all loan programs offered.  

  • Assist in developing resource material to assist branches in compilation of adequately documented submission packages.  

  • Perform site inspections to evaluate marketplace of recommended loans and determine probability of economic feasibility of projected income stream. 

  • Determine recommendation and prepare presentation to the Loan Committee.  

  • Provide support to closing and delivery functions to ensure Investor or Agency, product closing, and delivery requirements are met within stipulated timeframes.  

  • Attend seminars to gain insight into acceptable underwriting practices and philosophies.  

  • Other duties as assigned. 

 

We believe People Matter, so we offer benefits that go beyond:

• Monthly paid volunteer hours and donation matching to benefit our communities 
• Employee Resource Groups that help you grow with us
• Fertility and family planning services  
• Up to 12-weeks of fully paid parental leave   
• Mental health care, including free counseling sessions:  
• We’ll help you fund your learning journey with generous tuition reimbursement 
• Pet insurance discounts 
• And more! 

Be Your Best Self. Be Berkadia. 

Berkadia, as an equal opportunity employer, celebrates our employees’ unique differences, which we believe drives personal and company-wide innovation and creates a people-first culture where your career can take the long view. To achieve these goals, we are committed to the full inclusion of all qualified individuals, without regard to race, religion, age, color, national origin, gender, sexual orientation, gender identity or expression, marital status, domestic partner status, military and veteran status, disability, pregnancy, parental status, genetic information, political affiliation, or any other status protected by federal, state and local laws.   

In keeping with our commitment, Berkadia takes the necessary steps to provide a workplace free from harassment and discrimination, as well as access and reasonable accommodations for individuals with disabilities. If you require reasonable accommodation to take part in the interview process, please contact [email protected].

You have rights under Federal and State employment laws. No question in this Application is intended to elicit information in violation of any such law, nor will any information obtained in response to any question be used in violation of any such law.

If you apply for this role, you are acknowledging Berkadia’s Application Policy and Berkadia’s Privacy Policy. Please click the following links for more information about: EEOC, Employee Rights under the FMLA, EPPA.

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