Real Estate Underwriter
Location
Chicago, United States
Work type
Onsite
Employment
Full Time
Experience
3-7 years
Compensation
Compensation not disclosed
Posted
6h ago
Summary and responsibilities
Role overview
Summary
As a Real Estate Underwriter, you will be integral to the Commercial Real Estate Group's loan origination team, responsible for sourcing, reviewing, underwriting, and presenting new loan opportunities. This role involves active participation in loan closing, servicing, and portfolio monitoring, alongside collaborating with various internal and external stakeholders.
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Working at PPM America, Inc., a US‑based institutional asset manager founded in Chicago in 1990, you will be part of a culture that values openness, collaboration, and a relentless pursuit of investment performance.
Job Purpose The Commercial Real Estate Group (CREG) loan origination team is responsible for all aspects of the loan origination process for both core and structured loans. As a Real Estate Underwriter you will work with originators to source, review, underwrite, and present new loan opportunities, and play an active role in loan closing, servicing, and portfolio monitoring.
Essential Responsibilities
Provide support and analysis in all aspects of core and structured mortgage loan origination, including economic, borrower/sponsor, market, and lease analysis, and preparation of committee presentations.
Collaborate with originators and the Head of Loan Origination to review, quote, negotiate, and underwrite new loan opportunities.
Partner with CREG’s mortgage broker network and borrowers to review new opportunities, secure necessary information for underwriting, perform deal approval and closing, and offer backup market coverage when needed.
Assist originators and closers with closing new loan transactions, reviewing third‑party reports and updated economic information, and procuring required closing items.
Contribute to the refinement of origination processes and procedures, develop an annual business plan, and adjust team strategy to ensure high‑quality loan origination.
Build and maintain strong relationships with mortgage brokers, borrowers, and industry leaders; attend industry conferences and organizations.
Collaborate with Loan Servicing, Portfolio Analytics, and Asset Management to monitor the existing loan portfolio.
Support ad‑hoc projects within CREG as needed.
Perform other duties and projects as assigned.
Knowledge, Skills, and Abilities Strong understandi
Updated 1h ago
Candidate fit
Skills and qualifications
Additional skills
Experience
3-7 years
How this role is positioned
Role classification
Job domains
Industries
Employment
Full Time
Contract duration
Permanent
Hiring type
Direct
Global hiring
Location specific
Offer details
Compensation and benefits
Compensation
Compensation not disclosed
Location, schedule, and role shape
Work setup
Work conditions
Bandwidth profile
Context on the employer
Company snapshot
Company
PPM America, Inc.
Team size
Growing team
Location
Chicago, United States
PPM America, Inc., a US‑based institutional asset manager founded in Chicago in 1990, you will be part of a culture that values openness, collaboration, and a relentless pursuit of investment performance.
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Real Estate Underwriter
Chicago, United States • Full Time