Underwriting Analyst Position Available In Norfolk, Massachusetts

Underwriting Analyst Walker & Dunlop – 3.9 Needham, MA Job Details Full-time $65,000 – $70,000 a year 12 hours ago Benefits Wellness program Commuter assistance Paid parental leave Health savings account Disability insurance Health insurance Dental insurance Flexible spending account Work from home Parental leave Vision insurance 401(k) matching Qualifications Microsoft Word Microsoft Excel LIHTC Microsoft Office Finance Analysis skills Bachelor’s degree Real Estate Computer skills FNMA Entry level

Full Job Description Department:

Affordable Underwriting We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities. Department Overview W&D Affordable Equity (formerly Alliant Capital) is a leading tax credit firm focused on tax credit syndication for the development and financing of affordable multifamily rental housing. As a syndicator of Low-Income Housing Tax Credits (LIHTC), W&D Affordable Equity raises corporate equity and monitors the development, construction, lease-up, and permanent financing phases of its investments. With a dedicated team of experienced real estate, asset management, legal, and tax professionals, we provide the highest level of fully integrated real estate and investment support services. The Impact You Will Have The Underwriting Analyst is an entry-level opportunity within the Affordable group who works closely with an Underwriter to support detailed reviews and perform due diligence for our Affordable transactions. The Analyst will interact with W&D affordable production teams and clients to process multifamily property and mortgage credit information, and is critical to supporting property owners through the financing process. This is a great opportunity to gain valuable real estate finance experience with a talented team. Primary Responsibilities Underwrite and perform due diligence for multifamily housing products and transactions Input income and expense statements in order to determine maximum loan amounts Conduct initial reviews of market areas, property and site characteristics Complete initial review of borrower and management qualifications Learn methodology for building up Proforma income and expenses Understand Part III of the DUS Guide and periodic updates on an on-going basis in order to cultivate continuous improvement Conduct site visits to assess the condition and quality of multifamily projects, their management, and their marketplaces Order and review third-party Appraisals, Engineering Reports, Seismic Reports, Phase I Environmental Assessments and Operations and Maintenance (O & M) Reports Maintain organized and fully documented Underwriting Files and maintain database on specific deals Assist in the crafting of the DUS Narratives for submission to Chief Underwriter Work with Asset Management, Production, Closing and others as appropriate to closely monitor the performance and help develop and regularly refine benchmarks and metrics for evaluating the performance of the portfolio Communicate and problem-solve daily with teammates, clients, vendors, and other stakeholders, often in combination with travel Other skills related to building a career in Underwriting Perform other duties as assigned Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays. Education and Experience Bachelor’s degree (Business or Finance Degree preferred) Previous experience within the real estate industry is preferred Able to demonstrate an understanding of the history and function of Fannie Mae, Fannie Mae DUS, and DUS Lenders Able and willing to travel overnight up to 25%. Knowledge, Skills and Abilities A high level of computer proficiency in Microsoft Office (Word and Excel) Demonstrated analytical skills with the ability to evaluate data quickly, make decisions based on imperfect data, and take action in order to assist the Team in moving its transactions forward Excellent interpersonal and presentation skills with strong work ethic to meet daily challenges of a fast-paced environment Demonstrated ability to develop and execute solutions to complex issues and transactions Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders This position has an estimated base salary of $65,000 – $70,000 plus a discretionary bonus. An employment offer is based on the applicant’s relevant work experience, applicable knowledge, skills, abilities, internal equity, and alignment with market data. #LI-Hybrid #LI-AA1 What We Offer The opportunity to join one of Fortune Magazine’s Great Places to Work winners from 2015-2023 Comprehensive benefit options• that have earned Walker & Dunlop the silver level of the 2022 Cigna Healthy Workforce Designation™, some of which include: Up to 83% subsidized medical payroll deductions Competitive dental and vision benefits 401(k) + match Pre-tax transit and commuting benefits A robust health and wellness program – earn cash rewards and gain access to resources that promote health, engagement, and balance Paid maternity and parental leave, as well as other family paid leave programs Company-paid life, short and long-term disability insurance Health Savings Account and Healthcare and Dependent Care Flexible Spending Career development opportunities Empowerment and encouragement to give back – volunteer hours and donation matching Eligibility may vary based on average number of hours worked EEO Statement We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information, or any other characteristic protected by applicable law. We strive to be a safe place to ask questions, build professional relationships, and develop careers. SPAM Please be wary of recruitment scams. An indication of a scam might be a request for sensitive or bank information at the time of application or emails coming from a non walkerdunlop.com email address. Please call us at 301.215.5500, if you have any concerns about information requested during or after the application process. Fair Chance Hiring Background checks, including any questions related to infractions, arrests, or conviction records, will not be conducted until after a conditional offer of employment has been accepted. We will consider for employment qualified applicants regardless of arrest and conviction records, in accordance with federal, state, and local laws.