Washington, DC, USA
3 days ago
Analyst, Underwriting

JLL empowers you to shape a brighter way.  

Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people  and empowering them to  thrive, grow meaningful careers and to find a place where they belong.  Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.   

We are currently seeking an Analyst to join our Loan (Fannie Mae/Freddie Mac) Underwriting Team. The analyst will be located in our Bethesda, MD or Washington D.C. office. The Analyst will become familiar with the Fannie Mae and Freddie Mac financing programs being offered by JLL and the required processing responsibilities outlined for each program.  The ideal candidate will demonstrate ability for details, organization and an analytical orientation, and possess the initiative to work in an independent and reliable manner. 

Responsibilities: 

Analyze property operating statements and rent rolls and determine a pro-forma NOI used for Loan determination, to be reviewed and approved by underwriting 

Review reports completed by third parties, including but not limited to appraisal, physical condition assessments, architectural/cost, market study, environmental, zoning and any other relevant third party reports for accuracy and compliance with Investor requirements 

Complete various sections of the Underwriting workbook 

Complete various sections of the Underwriter’s narrative, which may include the following: 

Property Description 

Market 

Submarket 

Management 

PNA 

Environmental 

Appraisal 

Waiver Form, if applicable 

Review all documentation received from client/borrower for completeness and accuracy 

Offer direction to the team for guide compliance, and assist with underwriting/closing timeline 

Work with underwriter and vendors to ensure that all parties have a clear understanding of their responsibilities 

Analyze and evaluate borrower ownership structures to ensure that the application meets underwriting guidelines 

Regularly communicate loan status updates to underwriting team and originators as appropriate 

Work closely with closing team to complete any outstanding due diligence that may be required to close the loan 

Create and foster relationships with Fannie Mae and Freddie Mac personnel 

Qualifications: 

Familiarity with Agency multifamily loan procedures such as Fannie Mae DUS and Freddie Mac loan process 

Undergraduate degree in a business related field (i.e. Finance, Accounting, Real Estate) 

2-4 years of analytical and financial modeling skills in an investment environment (Real Estate background preferred) 

Knowledge of Microsoft office (Word, Excel, Outlook, Access) 

Willingness and ability to learn new technology 

Ability to work independently, unsupervised, and as a team player 

Excellent interpersonal, communication, problem-solving and organization skills. 

Must be able to physically inspect multiple residences and common areas within an apartment complex, as well as inspect comparable properties within the market 

Strong time management skill and ability to operate under demanding deadlines 

Excellent attention to detail with the ability to audit own work 

Estimated total compensation for this position:

75,000.00 – 125,000.00 USD per year

The total compensation range is an estimate and not guaranteed. An employment offer is based on an applicant's education, experience, skills, abilities, geographic location, internal equity and alignment with market data .

Location:

On-site –Atlanta, GA, Chicago, IL, Dallas, TX, Fort Lauderdale, FL, Miami, FL, Tampa, FL, Washington, DC

If this job description resonates with you, we encourage you to apply, even if you don’t meet all the requirements.  We’re interested in getting to know you and what you bring to the table!


Personalized benefits that support personal well-being and growth:

JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits may include:

401(k) plan with matching company contributions

Comprehensive Medical, Dental & Vision Care

Paid parental leave at 100% of salary 

Paid Time Off and Company Holidays

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For candidates in the United States, please see a full copy of our Equal Employment Opportunity policy here.

Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities.  If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process – you may email us at accomodationrequest@am.jll.com. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.

Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.

Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.

Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate.

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Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Accepting applications on an ongoing basis until candidate identified.

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