Commercial Mortgage Job Description

Commercial Mortgage Job Description

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Commercial mortgage provides specialized functional expertise and research in both commercial real estate markets & insurance company peer groups.

Commercial Mortgage Duties & Responsibilities

To write an effective commercial mortgage job description, begin by listing detailed duties, responsibilities and expectations. We have included commercial mortgage job description templates that you can modify and use.

Sample responsibilities for this position include:

Provide support to origination staff on Agency requirements and deal structuring
Primary liaison between PMCC and Agency production and credit staff with input, as necessary from PMCC Chief and/or Deputy Chief Underwriter on unique deal structures and/or underwriting exceptions
Possess and apply thorough knowledge of Fannie Mae and Freddie Mac policies and procedures
Size, Structure and Price individual transactions for origination staff to win new business
Prepare, review and submit quality quote requests to Agencies within 24 48 hours of screening, with support from assigned Analysts
Assess issues and provide based on intelligent risk solutions aligned with PMCC and Agency program requirements and guidelines
Coordinate between origination and credit/chief underwriter when structuring issues arise at origination
Provide full and timely disclosure of transactional risks (known at the time) to ensure open communication among all team members during initial screening process
Review Agency response letters for accuracy
Prepare Loan Applications for signature and negotiate approved changes in conjunction with legal

Commercial Mortgage Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Commercial Mortgage

List any licenses or certifications required by the position: EDR

Education for Commercial Mortgage

Typically a job would require a certain level of education.

Employers hiring for the commercial mortgage job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Real Estate, Business, Accounting, Business/Administration, Economics, Marketing, MBA, Education, Management

Skills for Commercial Mortgage

Desired skills for commercial mortgage include:

Excel
CMBS requirements
Commercial real estate markets
Commercial real estate markets across Canada
Accounting
Commercial loan servicing and commercial mortgage loan documentation
Database
Financial statement analysis
Internet search skills
Mortgage investments and related provincial/state legislation

Desired experience for commercial mortgage includes:

Responsible for handoff from Origination to Underwriting
Manage analytical staff assignments to assure timing expectations met and accuracy of information
Mentoring of Deal Manager/Origination Analysts, as appropriate
7-10 years of experience in underwriting, structuring and/or pricing transactions
Very strong product knowledge of Agency financing with structuring and underwriting knowledge across all product types (structured, seniors, multifamily, etc)
Excellent interpersonal skills, with a proven working relationship with Agencies a must

Commercial Mortgage Examples

1

Commercial Mortgage Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of commercial mortgage. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commercial mortgage
  • Analyze commercial real estate cash flow and valuation
  • Provide analysis for new investments, including discounted cash flows, financial and credit analyses of properties, locations, markets, borrowers and other due diligence
  • CMBS collateral modeling
  • Collect client financial and property documentation for loan application by actively communicating with borrowers
  • Verify accuracy of loan application package provided by client
  • Engage third party service providers and assists in problem resolution
  • Take ownership of the loan process from start to finish
  • Anticipate problems and addresses downstream requirements
  • Escalate client issues to Client Associate or Client Manager
  • Assist the Client Manager in business development which may include marketing and researching leads
Qualifications for commercial mortgage
  • A leader and team player, candidate must work well in a multi-functional collaborative environment and demonstrate a strong work ethic and a commitment to customer service
  • Strong verbal and written skills are essential
  • College degree preferred or High School degree/GED equivalent
  • Minimum 2-4 years experience in mortgage lending preferably with inside sales/customer service background
  • The Candidate must possess strong credit, underwriting, and valuation skills
  • Knowledge of CMBS loan origination and securitization
2

Commercial Mortgage Job Description

Job Description Example
Our company is hiring for a commercial mortgage. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commercial mortgage
  • Coordinate with other members of the team to get new loans closed
  • Generate and negotiate loan applications
  • Be accountable for amendments and credit renewals including increases for Commercial Mortgages of all amounts, ensuring credit structures adequately mitigate the respective credit risks
  • Apply sound judgment and a balanced approach to asset growth and portfolio quality
  • Partner with CAM, GRM and BSC to optimize the internal process, reduce response time and increase effectiveness
  • Apply specialized knowledge of industry/segment(s) to better support specific credit needs of CAMs and their clients
  • Complete annual credit reviews, while balancing client needs and high risk situations effectively
  • Identify risk issues and takes proactive action
  • Approve transaction requests within Delegated Lending Authorities for renewals and new business, while ensuring a balance between Risk and Return
  • Influence portfolio quality through credit risk assessment, strategic assessment and proactive management of expired credits
Qualifications for commercial mortgage
  • Critical thinking skills essential, with the ability to make timely decisions, when appropriate
  • Exposure to all commercial property types (multifamily, industrial, retail, office, hotel) knowledge of various domestic real estate markets
  • The Director will be required to understand the firms multiple real estate debt capital sources, lending programs, and innovative loan structures
  • Direct interaction with senior management, clients, and intermediaries
  • Five or more years of real estate loan origination experience
  • Qualified and interested candidates must have a quantifiable track record in business development with the proven ability to develop, cultivate and manage high quality relationships with intermediaries and borrowers
3

Commercial Mortgage Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of commercial mortgage. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for commercial mortgage
  • Provides portfolio management support to CAMs
  • Demonstrate commitment to teamwork and collaboration, through coaching, mentoring and assisting CAM’s, service partners and others to meet client needs
  • Develop knowledge and experience of the Commercial Mortgage product and industry to support the credit needs of Commercial Account Managers and their Commercial Mortgage clients
  • Apply your expertise and take a continuous improvement approach to achieving a superior client experience
  • Partner with CAMs, fellow CAG analysts, Group Risk Management and other key service partners
  • Responsible for reconciling the general ledger for both GAAP and Statutory accounts on a monthly basis, between the mortgage loan servicing system and the GL, and other downstream reporting systems
  • Prepare month end trial balances and other financial reports for all portfolios, as requested
  • Modeling property, loan and issuer information
  • Reviewing property-level cash flows
  • Presenting conclusions to credit committee and writing transaction reports
Qualifications for commercial mortgage
  • A leader and team player, must demonstrate a strong work ethic and a commitment to customer service
  • Minimum of one to two years experience within a commercial real estate lending environment
  • Bachelor's Degree preferred or High School Degree/GED equivalent
  • Assist the Deal Manager for each CMBS Securitization ensuring closing of transactions in a timely fashion and on budget
  • Assist in managing the securitization process thereby ensuring timelines, third party contracts, etc are in place so as to allow for three (3) or more securitizations per year
  • Coordinate all internal and external parties to ensure that all aspects of a securitization deal are effectively managed
4

Commercial Mortgage Job Description

Job Description Example
Our growing company is looking to fill the role of commercial mortgage. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for commercial mortgage
  • Strive to be a role model to the group and follow Aegon’s core values – Working Together, Bringing Clarity and Exceeding Expectations
  • The Senior Director will have responsibility for commercial mortgage origination managing a team responsible for achieving origination volume and performance targets in the West Coast region
  • Monitor, and analyze a significant amount of commercial mortgage investment opportunities primarily in the specified geographic region, but may also be asked to assist in transactions in other regions as deemed necessary
  • Maintain a strong and current knowledge of real estate capital markets with emphasis on
  • Support Origination Officers in the origination of mortgages secured by commercial real estate properties
  • Possess strong knowledge of key loan documents
  • Managing the underwriting of loans from the application received stage through loan closing and securitization
  • Acting as primary customer contact along with originators
  • Working closely under Senior Underwriter's direction on larger and more complex transactions
  • Reviewing, approving and issuing quotes and applications on less complex loan requests
Qualifications for commercial mortgage
  • Aid in the underwriting, structuring, and aggregation of mortgage loans to maximize execution on securitization
  • Market research tools for all commercial real estate including industrial, retail, and office properties
  • Minimum 2-4 years’ experience in commercial real estate or mortgage lending
  • Professional, thorough, organized and detail oriented
  • Ability to work accurately under pressure of deadlines and adept at working around conflicts in a proactive and skilled manner
  • Present solutions that clearly articulate the benefits and advantages to the client
5

Commercial Mortgage Job Description

Job Description Example
Our company is searching for experienced candidates for the position of commercial mortgage. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commercial mortgage
  • Recommending rate locks, which exceed their assigned loan authorities
  • Working closely with both origination and central analysts in the preparation of loan approval documents
  • Performing site inspections for all loans in their portfolio
  • Preparing of sale documents for pooled loans for submittal to rating agencies and investors
  • Ownership of an assigned Client portfolio with direct interaction and communication with Clients as the primary credit contact
  • Responsibility for structuring of specific client facilities
  • Responsibility of being part of the deal team participating in all legal contract and agreement document negotiation and completion
  • Work in partnership with and as a mentor to junior underwriters
  • Analysis of monthly client data information
  • Occasional Client and Ops visits when requested
Qualifications for commercial mortgage
  • Bachelors degree required, preferably from a top undergraduate business, mathematics, finance, or related program
  • The incumbent must demonstrate superior product knowledge, understand and effectively demonstrate sales best practices and possess strong negotiating, problem solving and organizational skills
  • Although primarily focused on commercial mortgage opportunities, the SMBBO will also possess strong knowledge of the multi-unit residential mortgage product offering and be able to support referrals for this product as well
  • The successful candidate will be a strategic thinker, motivated to achieve results in a high volume, fast paced environment
  • Possess demonstrated leadership skills with a superior ability to make things happen
  • 1 -2 years of experience with a BS/BA degree and a strong academic record

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