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Underwriter - Real Estate
| Details |
Country: USA
Location: TX Dallas
Total applied: 47
Career Level: Experienced (Non-Manager)
Job Type: Employee
Job Status: Full Time
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Underwriter - Real Estate
CITY: Dallas, TX; Stamford, CT
STATE: Texas
COUNTRY: USA
Essential Functions (Responsibilities):
As an Underwriter with GE Commercial Finance, Real Estate, this individual will be responsible for:
- Completing underwriting on real estate equity transactions ranging in size from $1MM and up
- Coordinating "kick-off" calls on all new transactions with originations, closings, third party, contractors, and outside partners
- Analyzing historical and projected future property economics, including use of ARGUS and proprietary underwriting tools
- Ordering and ensuring timely completion of Net Operating Income (NOI) Audit and other third party due diligence reports
- Completing site inspections on potential investments
- Completing Preliminary Deal Screens and full Credit Requests for presentation to North American Equity Investment Committee
- Participating in process improvement and Quality initiatives as required
Qualifications/Requirements:
- A minimum of 3 Real Estate experience, including 3+ years experience underwriting Real Estate investments
- Bachelor Degree (a high school diploma/GED and 10 years of related work experience).
- Motivated self-starter who can assume control of all aspects of the underwriting process including interaction with prospective and existing GE Commercial Finance Real Estate partners
- Asset management /workout and/or closing experience a plus
- Demonstrated analytical, organizational, teaming, interpersonal and communication skills
- Demonstrated ability to handle multiple projects and processes concurrently
- Superior computer skills e.g. Excel, Word, Dyna, Project and ARGUS
- You must submit your application for employment through gecareers.com to be considered.
- You must be 18 years or older.
- You must be willing to take a drug test as part of the selection process.
- You must be willing to submit to a background investigation as part of the selection process.
- You must have unrestricted authorization to work in the United States.
- You must be willing to work out of an office in either Dallas, TX or Stamford, CT.
Desired:
- Bachelor Degree in Finance, Accounting, or Real Estate is Desired.
- Green Belt Certification
- Prior GE Real Estate Global Valuations Team Experience
General:
GE Real Estate, a unit of GE Commercial Finance, is one of the world's leading resources for commercial real estate capital. Headquartered in Stamford, Connecticut, GE Real Estate has assets of over $29 billion and has more than 30 offices throughout North America, Europe and Asia/Pacific.
GE Real Estate has been serving the commercial real estate market for over 30 years, and is backed solidly by the capital strength of the General Electric Company. And GE Real Estate has local market presence throughout the world. Together, our local expertise and capital strength are dedicated to one thing -- helping our customers grow.
Company information can be found at
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