Associate/Senior Associate, Underwriting (Real Estate Finance)

TL;DR

Associate/Senior Associate, Underwriting (Real Estate Finance): Assist Originators with underwriting commercial real estate finance products including financial modeling, screening opportunities, and credit evaluation with an accent on maintaining credit quality and achieving origination goals. Focus on performing market and sponsor due diligence, sensitivity analyses, and facilitating loan closings.

Location: Hybrid in Chevy Chase, MD or Los Angeles, CA

Salary: $110,000 - $120,000 a year

Company

Nationwide full-service bank and commercial lender focused on real estate finance and other industries.

What you will do

• Assist with commercial real estate financial modeling, preliminary screening, and credit quality evaluation of financing opportunities.
• Maintain detailed financial models, develop sensitivity analyses, and perform market, industry, and sponsor due diligence.
• Gather diligence materials including appraisals, environmental reports, and assess guarantor financial positions.
• Ensure loan documentation and credit files are updated and maintained per compliance procedures.
• Facilitate loan closings and handle portfolio management tasks like modifications and risk ratings.
• Communicate across teams and perform additional duties as needed.

Requirements

• Associate’s Degree required; Bachelor’s Degree preferred.
• Minimum 4 years of commercial real estate financial modeling experience with a bank, RE firm, or similar.
• Proficiency with Microsoft Office (especially Excel) and CoStar.
• Strong quantitative/qualitative analytical skills, finance/accounting knowledge, and problem-solving abilities.
• Excellent communication, organizational skills, and ability to multitask under pressure.
• Self-motivated, adaptable, and collaborative in a fast-paced team environment.

Culture & Benefits

• Comprehensive health, dental, vision plans, 4 weeks PTO, 401k with company match.
• Remote or hybrid schedules for most positions, commuter benefits like Metro SmartTrip.
• Incentives for solar panels, EVs, biking; paid subscriptions to services like Capital Bikeshare.
• Dynamic, collaborative culture emphasizing excellence, innovation, inclusion, and mission-driven work.
• Awards: Best Workplaces for Commuters, Washington Post Top Workplaces, American Banker Best Banks to Work For.