Senior Underwriter, Commercial Real Estate Shared Services

💰 ₹21,600 - ₹34,560 (Est.) 📍 Chennai

Job Description

SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. Whether you’re a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve.

At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team!
• Provide analytical support in underwriting and closing commercial real estate loans, securitizations, or affordable housing loans for our clients
• Review, analyze, and interpret financial operating statements, rent rolls, third-party reports, tenant lease agreements, surveys, title reports, zoning reports, property insurance policies, credit reports, and other due diligence documents
• Assist with loan closings and procure necessary closing items
• Research, analyze, and summarize tenant-level information, including financial trends, and credit ratings
• Research, analyze, and summarize market and submarket information, including inventory, absorption, new/proposed developments, and rent and vacancy trends
• Extract pertinent data from appraisal, engineering, environmental, and other third-party reports
• Write property, market, borrower/sponsor descriptions, and third-party report summaries for inclusion in credit memos and asset summary reports
• Assist in developing value conclusions for all property types
• Monitor loan covenants and perform quarterly reviews to ensure compliance with loan terms and conditions, identifying and addressing any potential issues promptly
• Perform other activities as assigned by your manager
• Provide support in the delivery of due diligence and real estate analysis for CMBS, agency multifamily, securitization, and other commercial real estate loan underwriting and debt consulting services
• Participate in managing multiple transactions with various clients under tight deadlines
• Support initial loan sizing and underwriting tasks for commercial real estate (CRE)

Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings. SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

The annual full time base salary range for this role is

₹1.00 - ₹1.00

Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval.

SitusAMC offers a comprehensive and competitive benefits plan.

SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, ****** orientation, gender identity or expression, or any other characteristic protected by law.

💡 Quick Summary

Seeking a career-building opportunity? The Senior Underwriter, Commercial Real Estate Shared Services position is now open for candidates interested in the Office Assistant Jobs sector. This role in Chennai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Office Assistant Jobs is a plus.

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Job Details

Company Name: SitusAMC

Frequently Asked Questions

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The expected salary for Senior Underwriter, Commercial Real Estate Shared Services in Chennai is ₹21,600 - ₹34,560 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Senior Underwriter, Commercial Real Estate Shared Services is an on-site position based in Chennai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Senior Underwriter, Commercial Real Estate Shared Services. Previous experience in Office Assistant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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