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Newmark is seeking a Senior Commercial Underwriter who will be responsible for underwriting complex commercial real estate transactions, assessing and mitigating title risk, and supporting successful closings across a national portfolio.
Responsibilities
Independently underwrite complex national commercial real estate transactions, including acquisitions, refinances, construction loans, portfolio transactions, and multi-site deals
- Analyze title searches, commitments, surveys, legal descriptions, organizational documents, and transaction structures to assess and mitigate risk
- Issue title commitments and proformas with endorsements in compliance with underwriting guidelines and state-specific regulations
- Identify title defects, curative requirements, and risk issues, and develop practical solutions to facilitate timely closings
- Communicate closely with assigned commercial escrow officers on each transaction to prepare needs lists for closings
- Provide underwriting guidance and support to commercial escrow officers
- Assist in resolving underwriting objections raised by lenders, borrowers, and counsel
- Support claims avoidance efforts through thorough risk analysis and documentation
- Participate in training and mentoring of junior underwriters and operations staff
- Communicate with all parties on commercial transactions, take client phone calls, and participate in deal specific conference calls
Qualifications
Qualifications:
Education: Associate or bachelor’s degree preferred; equivalent experience accepted.
Experience:
- Minimum 5 years in national commercial title underwriting
Skills:
- Excellent attention to detail and problem-solving abilities.
- Strong organizational and multitasking skills.
- Proficient in title closing software systems (e.g., SoftPro, Encompass, ResWare, Qualia).
- Effective written and verbal communication skills.
- Leadership, team building, and conflict resolution skills.
Source: Newmark Career Page
