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Production Analyst I, II, or III, Commercial Real Estate (Seattle, WA/Portland, OR/Brea, CA) at HomeStreet Bank in Brea, California

Posted in Other 15 days ago.

Type: Full Time





Job Description:

EO/AA EMPLOYER INCLUDING VETS AND DISABLED

QUALIFIED APPLICANTS WITH ARREST AND CONVICTION RECORDS WILL BE CONSIDERED IN ACCORDANCE WITH LEGAL REQUIREMENTS.

JOB DESCRIPTION SUMMARYAnalyst Production I
Production Analyst I will be responsible for the initial loan analysis of multifamily properties. The Production Analyst I may also be required to assist with rate locks and the engagement of third party reports. Technical training is primarily provided by the Loan Analysis and Pipeline Manager (HCC) or Production Manager (CRE), with additional training provided by the relationship managers.

Analyst Production II
Production Analyst II will be responsible for the initial loan analysis of multifamily properties. The Production Analyst II may also be required to assist with rate locks and the engagement of third party reports. Technical training is primarily provided by the Loan Analysis and Pipeline Manager (HCC) or Production Manager (CRE), with additional training provided by the relationship managers.

Analyst Production III
Work closely with Relationship Managers to analyze and underwrite multifamily and commercial and real estate loan originations and the management of customer relationships. Analyze income property loan requests, including collateral cash flow analysis and valuation, borrower financial statements and tax returns, and market analysis. Technical training is primarily provided by the Underwriting Supervisor with additional training provided by the Relationship Managers.

JOB DETAILS

PRIMARY FUNCTIONS:

ANALYST PRODUCTION I

* Evaluate new loan requests by reviewing/analyzing property, borrower, and market information. Property information may include, but not limited to: rent rolls, operating history, leases and preliminary title reports. Borrower information may include, but not limited to: entity documents, financial statements and credit reports.

* May conduct on-site property inspections to assess the physical condition, viability, quality of management and marketability of loan collateral.

* May process rate lock requests

* Coordinate engagement of third party reports with the appropriate parties as needed. Third party reports may include the appraisal, environmental, property inspection and PML (as required).

* Update the loan pipeline on a daily basis to ensure that reports provided to senior management are accurate. Enter and maintain data within CRM software. Create and maintain CRM reports as necessary.

* Support relationship managers in the preparation of investor packages and preflights.

* Assist Commercial Capital Loan Analysis and Pipeline Management Manager with the presentation of new loan submissions to Credit Committee for approval, modified terms or denial.

* Attend company functions, industry conferences, training classes or other activities outside the office, as required.

* Participate in departmental policy and procedure revision and updates, as necessary.

* Other duties as assigned

ANALYST PRODUCTION II

* Evaluate new loan requests by reviewing/analyzing property, borrower, and market information. Property information may include, but not limited to: rent rolls, operating history, leases and preliminary title reports. Borrower information may include, but not limited to: entity documents, financial statements and credit reports.

* May conduct on-site property inspections to assess the physical condition, viability, quality of management and marketability of loan collateral.

* May process rate lock requests

* Coordinate the engagement of third party reports with the appropriate parties as needed. Third party reports may include the appraisal, environmental, property inspection and PML (as required).

* Update the loan pipeline on a daily basis to ensure that reports provided to senior management are accurate. Enter and maintain data within CRM software. Provide subject matter expertise in the use for CRM Software. Create and maintain CRM reports as necessary.

* Support relationship managers in the preparation of investor packages and preflights.

* Present new loan submissions to Credit Committee for approval, modified terms or denial.

* Maintain an awareness of specific market or submarket changes which could affect the exposure of the company.

* Work closely with the staff to ensure acceptability of risk for new loan requests.

* Attend company functions, industry conferences, training classes or other activities outside the office, as required.

* Participate in departmental policy and procedure revision and updates, as necessary.

* Other duties as assigned

ANALYST PRODUCTION III

* Assist in complex or escalated property economic and financial analysis, accurate and timely market analysis, borrower s financial and credit documentation.

* May conduct on-site property inspections to assess the physical condition, viability, quality of management and marketability of loan collateral.

* Gather, assemble, and analyze information such as property profiles, demographics, traffic counts, maps, and photos.

* Enter data from property operating statements for preparation of Underwriter analysis.

* Support relationship managers in the preparation of investor packages and preflights.

* Assist borrower and Relationship Manager in the gathering and flow of information as required. Set up and manage loan files as needed.

* May process rate lock requests

* Update the loan pipeline on a daily basis to ensure that reports provided to senior management are accurate. Enter and maintain data within CRM software. Provide subject matter expertise in the use for CRM Software. Create and maintain CRM reports as necessary.

* Track market information and assemble quarterly and annual market reports.

* Assist in marketing efforts such as mining data sources for potential clients, facilitating letter campaigns, providing updates for website and other special projects.

* Participate in departmental policy and procedure revision and updates, as necessary.

* Assist administration team with special project, other duties as assigned

QUALIFICATIONS:

ANALYST PRODUCTION I

* High school diploma or equivalent education/experience required, Bachelor s degree in related field preferred

* Minimum 1 year of related work experience

* A proven understanding of the importance of balancing new business development and asset quality/risk management.

* Knowledge of targeted multifamily real estate markets.

* Experience with CMBS and portfolio loan products preferred

* Excellent communication skills.

* Able to accept and facilitate change whether required by corporate needs, market or regulators.

* Proficient with Microsoft Office.

* A self-starter, accurate and dependable in completing responsibilities with strong attention to detail, good organizational skills, and able to work independently with little supervision.

* Ability to think critically and independently.

* Demonstrated high level of personal integrity, judgment, maturity, with the ability to accept responsibility and handle confidential information.

* Valid driver's license, vehicle and liability insurance.

ANALYST PRODUCTION II

* High school diploma or equivalent education/experience required, Bachelor s degree in related field preferred

* Minimum 2 years of experience in the analysis and review of multifamily loans, or related experience.

* A proven understanding of the importance of balancing new business development and asset quality/risk management.

* Knowledge of targeted multifamily real estate markets.

* Experience with CMBS and portfolio loan products preferred

* Excellent communication skills.

* Professional in standards, skills and manner of dealing with others.

* Able to accept and facilitate change whether required by corporate needs, market or regulators.

* Proficient with Microsoft Office.

* A self-starter, accurate