1+ months

PGIM REF - Director, Agency Underwriting - AGE00023

Prudential
Arlington, VA 22201
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  • Job Code
    578519
Primary Location United States-Virginia-Arlington
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 highly motivated individual for placement as an Underwriter in the Conventional Agency Multifamily Housing Finance team located in the Arlington, Virginia office.  The successful candidate will be responsible for underwriting all loan types independently and making complex underwriting decisions with limited to no supervision.  The position requires a very organized and detail oriented candidate with excellent written and verbal communication skills.  The position requires processing and analyzing information for loans pursuant to the guidelines required by Fannie Mae and Freddie Mac.
 
Primary Job Duties/Responsibilities:

  • Review initial screening and loan application.
  • Monitor the collection and due diligence materials as well as approval of due diligence materials reviewed by underwriting staff.
  • Serve as the primary point of contact for clients and may be the point of contact on credit and underwriting issues with the Agency, when necessary.
  • Responsible for training underwriting team members.
  • Complete review, analysis and approval of due diligence materials related to a loan submission. Review and provide commentary on third party reports.
  • Finalize the underwriting narrative and model and/or provide direction to underwriting staff.
  • Ensure on-going communication on all aspects of the loan process with key stakeholders. Conduct site visits independently.


Qualifications
@!*!
  • Ability to take ownership for loan transactions and manage workload with minimal supervision
  • Thorough product knowledge of Agency financing and general multifamily financing alternatives
  • Proficient in analysis of Mortgage Credit and Borrower structures
  • Excellent critical thinking and decision making skills
  • 5 or more years of experience in underwriting roles
  • Excellent verbal and written communication skills
  • Strong attention to detail
  • Proven management capability


@!*!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.
Job Posting:@false

Posted: 2020-02-19 Expires: 2020-04-18

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PGIM REF - Director, Agency Underwriting - AGE00023

Prudential
Arlington, VA 22201

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