Senior Underwriting Manager, Real Estate
Core
Structure and assess risk for complex commercial real estate and construction transactions, delivering credit recommendations and strategic solutions.
Role type
Senior IC commercial real estate underwriter
Builds
Commercial real estate and construction credit solutions for clients across Alberta
Domain
Banking / Commercial Real Estate
Required skills
Commercial real estate underwriting, financial modeling, market trend analysis, risk assessment, credit structuring, portfolio stress testing
Preferred skills
Construction file expertise, large-exposure handling, third-party report synthesis
Technologies
Financial modeling tools, specialized appraisal software
Responsibilities
Underwrite and structure high-quality credit applications for complex commercial real estate and construction files; Evaluate market volatility and macroeconomic trends across asset classes; Critically review and synthesize complex third-party reports (specialized appraisals, environmental risks, and technical engineering assessments); Execute advanced real estate financial analysis, including NOI stabilization, DSCR sensitivity, and pro-forma projections; Proactively manage portfolio risk by identifying macro early warning signals, portfolio stress testing, restructuring distressed credits, and ensuring strict adherence to enterprise lending policies; Build trust and foster collaborative relationships with Sales and Risk teams to optimize risk mitigation, develop competitive structures, and ensure seamless deal execution.