1+ months

PGIM Real Estate - Production Manager - FHA0005F

Prudential
Newark, NJ
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  • Job Code
    575879
Primary Location United States-New Jersey-Newark (NJ)
Job:Full-time
Travel:
Description
!*!

PGIM Real Estate Finance ("PGIM REF") is one of the nation's largest full-service commercial, multi-family and agricultural real estate lenders.  PGIM REF originates a wide variety of mortgage investments across its platform for Prudential's General Account, investment management clients, and other third party capital sources (such as Fannie Mae, Freddie Mac, FHA, or other institutional investors).

 

PGIM REF is seeking a Production Manager for our Agency Lending team with multiple offices throughout the United States.  The Production Manager will provide direct support and expertise to the assigned team and will focus in an originations capacity on all aspects of the loan process from loan sizing/quote and pricing/application through underwriting and closing.  The Production Manager may be considered a proxy for their assigned Loan Officer and the Borrower in transactions and will work closely with the internal PGIM REF team such as Deal Management, Underwriting and Closing to facilitate an efficient process.

 

The Production Manager will rely upon his/her experience to provide additional information and guidance to help influence key decisions and to advocate on behalf of the Loan Officer and/or Borrower as appropriate.   While the Production Manager will not be the credit decision maker in the process and all final decisions on transactions will ultimately be determined by Deal Management, Underwriting and Closing, the person in this role is required to support and maintain the integrity of the credit process including but not limited to, balanced and objective presentations of transaction risks, attention to detail and accuracy of data presented, and transparency in disclosing all material information related to the consideration of a loan or borrower and the approval of a loan.




Qualifications
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 Previous experience in production, underwriting or deal management roles within a FHA or Agency lending team

 In-depth knowledge of Fannie Mae and/or Freddie Mac Seniors Housing and or/mortgage loan programs as demonstrated by prior experience and strong performance in related roles

 Previous underwriting or credit experience within this field is preferred

 Excellent organizational skills as previously demonstrated by the ability to manage several transactions simultaneously

 Excellent communication skills with the ability to partner with and resolve issues with both internal contacts as well as external customers and borrowers while maintaining productive relationships and demonstrating strength in interpersonal communication skills




@!*!Prudential is a multinational financial services leader with operations in the United States Asia Europe and Latin America. Leveraging its heritage of life insurance and asset management expertise Prudential is focused on helping individual and institutional customers grow and protect their wealth. The companys well-known Rock symbol is an icon of strength stability expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services including life insurance annuities retirement-related services mutual funds asset management and real estate services. For more information please visit www.prudential.com.

Prudential is not accepting unsolicited resumes from search firms for this open position unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. All resumes submitted by search firms to any employee at Prudential via-email Internet or directly to hiring managers in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential and no fee will be paid in the event the candidate is hired by Prudential.
Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. Prudential has established and regularly maintains a preferred vendor list and even preferred vendors need to have a written search agreement signed by the Director Recruiting Programs Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.
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Posted: 2020-01-29 Expires: 2020-11-23
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PGIM Real Estate - Production Manager - FHA0005F

Prudential
Newark, NJ

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