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 yearThe 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, DCIf 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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