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CBRE Underwriting Analyst in Boston, Massachusetts

Underwriting Analyst

Job ID

45152

Posted

08-Oct-2021

Service line

Advisory Segment

Role type

Full-time

Areas of Interest

Capital Markets

Location(s)

Atlanta - Georgia - United States of America, Boston - Massachusetts - United States of America, Seattle - Washington - United States of America, Washington, D.C. - District of Columbia - United States of America

SUMMARY:

Coordinate, manage and analyze underwriting data for Multifamily Affordable Housing in order to assure compliance with Freddie Mac and Fannie Mae commitment and delivery requirements. Work closely with underwriting, closing, legal, production and asset management to manage CBRE’s delivery pipeline within timeline(s) and procedures/controls. Help draft underwriting narratives.

  • Review underwriting data obtained for compliance with Freddie Mac and Fannie Mae requirements

  • Manage underwriting checklists

  • Prepare written summaries of markets and submarkets using third party data sources

  • Support underwriting teammates with various underwriting tasks/analyses

  • Review for compliance and summarize third party reports regarding property condition, environmental risks, and property value

  • Analyze property operating data such as rent rolls and operating statements

  • Limited travel to physically inspect underwritten assets

  • Participate in all underwriting meetings.

QUALIFICATIONS:

Requires between 0 - 3 years multifamily underwriting and/or Fannie Mae or Freddie Mac experience to work within the CBRE’s Affordable housing group. Limited oversight dependent on competencies.

The ideal candidate will have a BS in finance, accounting, economics, real estate or other related subject.

Candidates must possess a strong work ethic, excellent written communication and analytical skills, must be detail-oriented and possess the ability to work effectively with other team members and Freddie Mac/Fannie Mae in a fast-paced environment.

Must be proficient in MS-Excel, Word and Office.

NOTE: In addition to a resume, you must submit a cover letter outlining your interest in Multifamily Affordable Housing and the Underwriting Analyst role and describing the relevance of your professional and academic background. Strong written communication skills are imperative for the position. The cover letter will be used to assess writing ability.

CBRE is an equal opportunity/affirmative action employer with a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

CBRE is an equal opportunity/affirmative action employer with a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

NOTE: An additional requirement for this role is the ability to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing.

CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)

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