About the Role
Northmarq is seeking Investment Analysts to support our Debt + Equity Production teams. This individual will join an active, top-performing origination team and provide support through financial analysis and underwriting, loan request and investment report preparation, due diligence, transaction closings, and other production-related responsibilities.
Responsibilities
- Prepare underwriting of commercial real estate properties based on historical financial statements, borrower models or projections, and market standards to determine a projected income and provide reliable valuation and loan analysis.
- Prepare loan request packages in compliance with company guidelines and investor requirements, including narrative analysis of the borrower, property, location, and market, as well as underwriting, valuation, leases/rent roll analysis, and photographs, aerials, and maps.
- Compile deal-specific lists of potential lenders, coordinate and internally track lender outreach, collect loan quotes, create detailed quote matrices for distribution to the borrower, and manage associated Salesforce updates.
- Provide closing coordination, acting as a liaison with the servicing department, collecting and reviewing due diligence, ordering and reviewing third-party reports, and reviewing lender documentation. Maintain open communication with borrowers, lenders, legal counsels, third-party vendors, and internal servicing and insurance departments.
- Provide borrower, property, and market-level data using available third-party and internal resources, including ownership records, property transaction history, demographics, and sales and rent comparables. Conduct lead generation efforts leveraging internal prospecting tools and third-party platforms.
- Provide lenders, borrowers, and internal teams with a best-in-class experience by offering reliable, high-quality service in a prompt, friendly, and professional manner.
Requirements
- Four-year college degree required with a major in real estate, finance, economics, accounting, or business area preferred.
- Experience in financial analysis and/or underwriting experience specifically within commercial real estate capital markets is required.
- Proficiency in agency lending, including Fannie Mae and Freddie Mac underwriting, and a comprehensive understanding of various commercial real estate property types is preferred.
- Strong understanding of cash flow analysis and demonstrated analytical skills with the ability to calculate NOI, DSC, ROC, IRR, etc.
- Candidate must possess strong verbal communication skills – ability to interact effectively and professionally with a wide variety of internal/external parties.
- Strong tech knowledge and skills, including in-depth expert knowledge of Microsoft Office (Excel, Word, PowerPoint, etc.). Knowledge of Salesforce, ARGUS, and InDesign software is a plus.
- Strong organizational skills with the ability to multi-task while under pressure and an aptitude for problem-solving.
- Resourceful with a strong initiative and ability to work independently with minimal supervision.
- Strong work ethic and willingness to work extended hours when necessary.
- Must possess unrestricted authorization to work in the U.S. for any employer, without the need for sponsorship now or in the future.
Skills
- Financial analysis
- Underwriting
- Commercial real estate capital markets
- Agency lending
- Fannie Mae underwriting
- Freddie Mac underwriting
- Commercial real estate property types
- Cash flow analysis
- NOI calculation
- DSC calculation
- ROC calculation
- IRR calculation
- Verbal communication
- Microsoft Office (Excel, Word, PowerPoint)
- Salesforce
- ARGUS
- InDesign
- Organizational skills
- Problem-solving
- Initiative
- Independent work
Location
- New York City
Work Type
- In-office
- Full-time
Experience Level
- Entry-level
Education Level
- Bachelor's degree
Salary/Compensations
- $65,000.00 - $90,000.00 annually, plus annual bonus eligibility
Benefits
- Medical
- Dental
- Vision
- Paid time off
- 401K match
- Annual discretionary contribution based on business performance
- Paid parental leave
- Adoption assistance
- Education assistance
- Volunteer paid time off
- Charitable contribution match
About the Company
- Northmarq is a unique capital markets resource for commercial real estate investors, providing clients access to experts in debt, equity, investment sales, loan servicing, and fund management.
- Northmarq offers a career path with best-in-class training, and fosters inclusive teams committed to collaboration, mentoring, and growth.
- Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!
