Transactions Underwriting Associate

Purpose and Job Summary:

Lument is seeking a detail-oriented, execution-focused Transactions Underwriting Associate to join the Agency (Fannie Mae, Freddie Mac) loan assumption underwriting team. The ideal candidate has direct experience underwriting Agency loan assumptions and can operate with a high level of autonomy. The role primarily focuses on underwriting Fannie Mae loan assumptions across the Conventional, Small Balance, Affordable and Seniors Housing platforms, ensuring adherence to Agency guidelines in a dynamic, fast-paced environment.

Essential Duties and Responsibilities:

• Independently underwrite mainly Fannie Mae loan assumptions across multiple platforms with occasional to moderate oversight from senior team members

• Prepare complete underwriting packages that include detailed credit narratives, credit workbooks and other supporting documentation for presentation to internal and external credit committees

• Rapidly incorporate feedback into underwriting submissions

• Collaborate with the assigned analyst to manage due diligence collection for multiple transactions simultaneously

• Communicate directly and professionally with Borrowers, legal counsel, closing and Agency partners on a daily basis

• Contribute to the development and mentorship of team analysts

• Limited travel (roughly 5%)

Education, Skills and Experience:

• Degree in Finance, Real Estate, Economics, Business and/or Accounting

Required:

• Strong understanding of Commercial Real Estate finance and credit risk/mitigation practices

• In-depth knowledge of Agency loan documents and requirements specific to loan assumptions

• Proven ability to assess credit risk and implement appropriate mitigation strategies

• High proficiency in analyzing real estate financials, including property operating statements, rent rolls, balance sheets, SREOs

• Knowledge of Agency tools such as MAMP, DMS, CRT

• Excellent organizational, multitasking and analytical skills

• Strong written and verbal communication skills with the ability to interact effectively with external stakeholders such as Borrowers, legal counsel and others

Annual base salary gross: $90,000 - $110,000 (NY only). The base salary range represents the estimated low and high end of the Lument’s salary for this position. Actual base salaries will vary and will be based on various factors, such as candidate’s qualifications, skills, competencies and proficiency for the role. The base pay is one component of Lument’s total compensation package for employees. Other rewards and benefits include cash bonuses, long term incentives, health insurance, accident and life insurance, and retirement benefits.  Please visit our Benefits page for additional information.

Life at ORIX

We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.

You Time

We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.

Family Care

Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.

Flexible Work Arrangements

ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.

ORIX USA is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.