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Regional hiringpublishedExternal employer
PA
PPM America, Inc.Asset Management

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

Loan Origination • 1+ yrs
Underwriting • 1+ yrs
Economic Analysis • 1+ yrs
Market Analysis • 1+ yrs
Lease Analysis • 1+ yrs
Relationship Building • 1+ yrs
Collaboration • 1+ yrs
Process Improvement • 1+ yrs

Experience

3-7 years

How this role is positioned

Role classification

Job domains

Other
Real Estate & Facilities

Industries

Real Estate & PropTech
Finance & Banking

Employment

Full Time

Contract duration

Permanent

Hiring type

Direct

Global hiring

Location specific

Offer details

Compensation and benefits

Compensation

Compensation not disclosed

VisibilityShared on listing
CurrencyUSD
PeriodYearly

Location, schedule, and role shape

Work setup

Work conditions

Primary locationChicago, United States
Work typeOnsite
Global hiringNo

Bandwidth profile

peopleHigh8/10
physicalLow3/10
cognitiveHigh8/10
executionHigh8/10
creativityMedium6/10
uncertaintyMedium6/10
communicationHigh8/10

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.

Real Estate Underwriter

Chicago, United StatesFull Time