Community Loan Servicing, LLC

Debt CRE Underwriter

NEW YORK, NYPosted 24 days ago

Job summary

  • Job post source

    This job is directly from Community Loan Servicing, LLC (Bayview Asset Management).

  • Job overview

    The Debt CRE Underwriter at Community Loan Servicing, LLC is responsible for underwriting and closing commercial real estate loans, impacting the company's loan portfolio quality and risk management.

  • Responsibilities and impact

    The role involves performing due diligence on commercial real estate loans, conducting cash flow and ratio analysis, preparing loan documentation, coordinating with internal teams, performing site inspections, and responding to investor inquiries to ensure compliance with credit policies.

  • Compensation and benefits

    The position offers a base salary of $120-150k with potential for performance-based bonuses, and is an onsite role in New York, NY. Specific benefits beyond compensation are not detailed.

  • Experience and skills

    Candidates should have 2-6 years of CRE underwriting experience, preferably at a rating agency, insurance company, or financial institution, strong Excel skills, and preferably knowledge of Argus, Co-star, and Reis. A bachelor's degree in business, science, technology, engineering, or math is preferred.

  • Work environment and culture

    The company values compliance, corporate citizenship, and operates in a dynamic, fast-paced environment with adherence to equal employment opportunity principles.

  • Company information

    Community Loan Servicing, LLC, operating as Bayview Asset Management, specializes in commercial real estate loan origination and servicing across the U.S., offering various debt products including bridge, CMBS, construction, and mezzanine loans.

  • Job location and travel

    The position is onsite in the New York, NY office, with some site inspections requiring travel and a valid driver's license.

  • Unique job features

    The role offers exposure to multiple commercial real estate debt products and requires detailed financial and property due diligence, distinguishing it by its comprehensive underwriting scope and involvement in structured real estate financing.

Company overview

Community Loan Servicing, LLC is a U.S.-based mortgage loan servicer that manages residential and commercial loans on behalf of investors, banks, and other financial institutions. The company generates revenue primarily through servicing fees, default management, and ancillary services related to loan administration. Originally known as Bayview Loan Servicing, it rebranded to Community Loan Servicing in 2020 to reflect a broader commitment to customer service and community engagement. With a history of handling distressed and performing loans, the company is recognized for its expertise in loss mitigation and compliance. Candidates should be aware of its reputation for navigating regulatory changes and its focus on customer-centric solutions in the mortgage servicing industry.

How to land this job

  • Tailor your resume to emphasize your experience in commercial real estate underwriting, focusing on due diligence, financial analysis, and loan structuring as described in the job role at Community Loan Servicing, LLC.

  • Highlight your proficiency with Excel and familiarity with industry tools like Argus, Co-star, and Reis, as these are key skills sought for this position.

  • Apply through multiple platforms including Community Loan Servicing's corporate career page and LinkedIn to maximize your application visibility and chances.

  • Connect with current employees in the underwriting or commercial real estate divisions at Community Loan Servicing on LinkedIn; start conversations by referencing recent company projects, asking about team culture, or inquiring about the loan products they specialize in.

  • Optimize your resume for ATS by incorporating keywords from the job description such as 'commercial real estate underwriting,' 'due diligence,' 'cash flow analysis,' 'loan structuring,' and 'financial statements' to pass automated screenings.

  • Leverage Jennie Johnson's Power Apply feature to automate tailored applications, identify the best platforms for submission, and discover LinkedIn contacts for networking, allowing you to focus your energy on preparing for interviews and skill development.

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