Vice President of Underwriting

About the Company: A bank focused on multifamily and commercial real estate lending.

Industry: BankingTypePrivately HeldAbout the RoleThe Company is in search of a Vice President of Underwriting to lead a commercial underwriting team with a focus on multifamily and commercial real estate loans. The successful candidate will be responsible for shaping credit strategy, policy, and portfolio quality, as well as managing a team of underwriters to ensure strong credit standards and compliance with banking regulations. This leadership role involves partnering with lending professionals to evaluate and originate quality loans for the company's portfolio, and the ideal candidate will have a background in multifamily underwriting, commercial credit judgment, and a proven ability to lead a team. Applicants for the Vice President of Underwriting position at the company should have at least 5 years' of direct multifamily residential underwriting experience, a strong knowledge of underwriting apartment properties, and experience in commercial real estate and commercial loans. The role requires a thorough understanding of credit analysis, including cash flow, debt service coverage ratios, CAP rates, appraisals, and property performance. The candidate must also have previous leadership or management experience, the ability to present credit recommendations to senior leadership, and a strong knowledge of commercial lending regulations. Excellent analytical, organizational, and communication skills are essential, as is the ability to manage multiple transactions and meet deadlines. A high school diploma is required, with a preference for a Bachelor's degree, and advanced computer skills are necessary for the role. Functions Finance